DBS leverages on presence in Asia to drive transaction banking capabilities
DBS’ ability to advance its interests much sooner than its peers through superior product sophistication has helped placed the bank’s global transaction services in a position of strength.
Date: Oct 31, 2012
Author: Esther Tan
Categories: Cash, Treasury & Trade, Trade Finance, Transaction Banking
Keywords: Foreign Exchange Risk, DBS, BNY Mellon, Tom McCabe, ROE, Citibank, HSBC
As Europe and the US continue to battle high unemployment rates and a sluggish economy, Asia's exports, on the other hand, have been growing steadily since Q1 2011, hitting a monthly high of US$375…