DBS Private Bank's new head explains China focus
Tan Su-Shan says the Singaporean firm is well positioned to benefit from the easing renminbi rules in Hong Kong and plans to launch another specialist China fund this year.
DBS Asset Management is not the only part of Singapore's DBS Group that is looking to make more of its franchise in the region. The private-banking arm recently hired a respected executive from Morgan Stanley in the form of Tan Su-Shan, although it has not been immune to the regional poaching spree in the wealth management sector.
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