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DBS banks on wealth

by Nehad Kenanie | Mar 1, 2017 | Asia, Business Development & Expansion, Mergers & Acquisitions, Uncategorised

(28 February 2017 – Asia) Singapore’s largest domestic bank, DBS Group is expanding its wealth management business and expects the segment will account for as much as a fifth of its revenues in a few years as it capitalises on a trend of Asia growing...

Ant Financial invests US$200m in Korean payments firm

by Nehad Kenanie | Feb 21, 2017 | Asia, Business Development & Expansion, Investment, Payments, South Korea, Uncategorised

(21 February 2017 – Asia) Alibaba’s finance arm,  Ant Financial has revealed yet another deal. The firm will invest US$200 million (A$260 billion) into a fintech project belonging to Kakao, Korea’s dominant messaging service. ​As...
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