Proper client segmentation is “very important” in maintaining a profitable business as the time and cost of meeting compliance requirements increases, Patrick Dreyfuss, DBS Wealth Management’s COO, has told Asian Private Banker. Building on recent comments made by Piyush Gupta, the bank’s CEO, on how DBS’s digital transformation is enabling it to lower costs and increase profitability, Dreyfuss asserted that client segmentation…
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