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DBS-SG deal could spark trend: Scorpio

DBS’s purchase of Société Générale’s Asia private banking business could presage similar east-west tie-ups, says consultancy Scorpio Partnership.
DBS-SG deal could spark trend: Scorpio

Société Générale may have sold its private banking arm in Asia, a region with huge potential for wealth growth, but Scorpio Partnership says this could be a smart move for the French group and may even signal similar deals.

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