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DBS PB and BoS see no need for India onshore setups

Senior executives from DBS Private Bank and Bank of Singapore (BoS) have thrown cold water on the idea of setting up onshore India businesses, instead preferring to build out their respective offshore India/NRI desks in Singapore and Dubai. Speaking with Asian Private Banker, Derrick Tan, global market head, Malaysia, Brunei, Japan, Subcontinent and Middle East at Bank of Singapore, said that…

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