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'Sunset' brokerage model must change: DBS chief

Future of the brokerage industry will be a lot more digital, says Piyush Gupta

Fri, Apr 28, 2017 - 5:50 AM

Jamie Lee leejamie@sph.com.sg@JamieLeeBT

Singapore

THE "sunset industry" that is the brokerage business will have to move into the digital age, as commissions continue to shrink, said DBS chief executive Piyush Gupta at the bank's shareholders' meeting on Thursday.

Responding to a shareholders' question that touched on...

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