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DBS, Bank of Singapore eye more acquisitions in race for Asian wealth market share

Published Tue, Nov 29, 2016 · 09:50 PM

Hong Kong/Singapore

DBS Group Holdings Ltd and Bank of Singapore, Asia's largest home-grown private banks, will consider more acquisitions as they grapple for a bigger slice of business from the region's growing number of millionaires.

DBS would look at any deal that fits with its strategy and is at the "right" price, the bank's consumer and wealth head Tan Su Shan told Bloomberg Television's Haslinda Amin on Tuesday.

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