DBS's ANZ deal puts ABN Amro hopes in doubt

Singapore’s DBS is hungry for more acquisitions after agreeing to buy ANZ’s Asia retail and wealth business. But ABN Amro’s Asian private bank may be another step too far, too fast.

DBS also acquired Societe Generale's Asian private bank in 2014

Bernadette Tio Joe Marsh

November 01, 2016

With its purchase of ANZ’s Asian retail and wealth management business, Singapore’s DBS looks to have consolidated its position among the regional heavyweights of wealth management.

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