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17-10-2015, 09:50 PM
(17-10-2015, 07:06 AM)greengiraffe Wrote: Don't Be Stupid Lah:
Big is not always beautiful... it is the quality that matters... rara kings and queens are the ones focusing on numbers... the real GODFathers focus on working the qualities and deliver them
http://www.straitstimes.com/business/ban...tor=CS3-17
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The Straits Times
DBS ranked 8th largest private bank in Asia-Pacific, Banking News & Top Stories - The Straits Times
Banking News -SINGAPORE - DBS is now the eighth largest private bank in the Asia-Pacific by assets under management (AUM), bigger even than Morgan Stanley, according to annual rankings released on Friday (Oct 16) by Private Banker International, a journal for the global wealth industry.. Read more at straitstimes.com.
In some industries, size does matter. One of them, is Private Banking. The regulatory cost is getting higher, and only those with "sufficient" size, will survive. There is no surprise to see consolidation of private banking market, which includes DBS bought SocGen Asia Private Banking biz not too long ago
(not vested)
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡