Powered by

Will DBS be third time lucky in transforming its retail equities strategy?

Mar 05, 2019 - The Business Times Singapore

LAST month, DBS Bank unveiled plans to transfer its retail equity trading under its brokerage arm, DBS Vickers, to the bank by year end, triggering a public outpour of support for its remisiers, including that from remisiers of rival houses.

Many lamented the bank's lackadaisical treatment of its remisiers, a reflection of its failure to value the partnership and appreciate the multiple roles they play - from credit controllers entrusted with setting clients' trading limits, monitoring ma...