Banks to speed up shrinking and shifting of CBD space amid hybrid work
DBS, StanChart, ANZ among those reviewing their use of prime office space
Singapore
BANKS have scaled back their physical footprints in prime office areas over the last decade, as they reviewed and consolidated their operations. But the pandemic is likely to push some to make more cuts.
Among the more recent developments on this front is news that DBS is thinking about giving up office space in Singapore's Marina Bay Financial Centre (MBFC) as well as in Hong Kong.
TRENDING NOW
Fed hike throws Singapore banks a margin lifeline; UOB likely to benefit more
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
From Haidilao to Oriental Kopi: How some of Asia’s favourite F&B players are faring in 2026
Floods compound Philippine growth woes from public-works scandal
