DBS has named a regional head of investment product & advisory, wealth management, based in Singapore, Asian Private Banker has learnt. Koh Keng Swee, former head of investment advisory & products, wealth management, DBS Bank Indonesia, was promoted to the regional role in Singapore. Koh had been in his most recent role since April 2019, where he led the bank’s […]

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The Indonesia business of DBS is actively pursuing trends in the onshore WM market with the launch of FX and bond trading services for its Treasures and Treasures Private Client (TPC) segments. The services, already available on DBS digibank platform, can be accessed by both retail and Treasures/TPC clients in Indonesia. The bond trading service is the first of its […]

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Private banks in Hong Kong have different takes on how to best prepare for impending regulatory changes on online platform suitability, set to be implemented next year April. According to the Securities and Futures Commission’s (SFC) new guidelines for online distribution and advisory platforms, platform providers must ensure that clients fulfil all suitability requirements before they are able to trade […]

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Synchronising information between front-end apps and back-end systems is the biggest challenge to achieve online platform compliance under new guidelines set out by the Securities and Futures Commission (SFC), according to DBS’s digital strategy head, who told Asian Private Banker the bank is currently reviewing its systems in preparation for a products rollout on its iWealth app. “The challenge we face is to ensure […]

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DBS is testing the water for ‘digital investment councillors (ICs)’ to assist private clients in utilising its digital investment and wealth management solutions, said the bank at the launch of its DBS iWealth 2.0 App in Hong Kong yesterday. The bank has made the app available to wealth management clients from DBS Treasures to DBS Private Bank and is targeting […]

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