A quieter but more efficient dealing room
DBS treasury and markets team targets more sales income and eyes opportunities in sustainability and China.
WITH another record year in its books, DBS's treasury and markets (T&M) team is banking on its efforts in digitalising sales and trading platforms and its presence in the sustainable financing space to sustain growth in the coming years.
It also wants a concerted shift towards a heavier preference for sales revenue instead of trading income, which tends to be more volatile. The current ratio stands at about 55 per cent sales and 45 per cent trading, but the business wants to push this to about 70:30.
The business saw record income for the first nine months of the year, up 20 per cent in trading and 12 per cent in customer flows. Its overall 16 per cent growth puts it among the 10th percentile of global players.
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