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Cash management is king for DBS

It is expected to hit its 2020 target to quadruple its cash management business by this year and will expand its transaction banking business in Vietnam, China

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Mr Laurens notes that with the uncertainties from the US-China trade war, DBS is starting to see the re-plumbing of trade flows within Asia.

Singapore

DBS looks to hit a five-year target to quadruple its cash management business by 2020 a year ahead, and will expand its transaction banking business in growth markets such as Vietnam and China's Greater Bay Area, said John Laurens, DBS group head of global transaction services (...

sentifi.com

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