SG purchase to boost DBS wealth assets by fifth

Mar 17, 2014

Singapore-based DBS's acquisition of Société Générale's Asian private bank is expected to result in business synergies, but also the layoffs of some middle- and back-office staff.

SG purchase to boost DBS wealth assets by fifth

Singaporean bank DBS has agreed to pay $220 million for Société Générale Private Banking's Asian business.

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