DBS group plans major revamp of DBS Vickers

Bank exploring alternative models for its broking arm


DBS BANK is revamping its retail stock-brokerage operations and exploring alternative models to its current broking arm DBS Vickers - with a view to providing customers with more holistic services.

Responding to queries from The Business Times on market rumours that DBS Vickers will be shut down, the bank's spokesman said: "The equities trading business is critical to DBS and we have no plans to shut it down. We are currently exploring different business models with a view to delivering a...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to