Cash management is king for DBS

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 (GTS).

With the uncertainties from the US-China trade war, the bank is starting to see the re-plumbing of trade flows within Asia, Mr Laurens told The Business Times.