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4.9

Thai bank nears deal for DBS wealth unit

A Thai bank is reportedly in advanced talks to acquire DBS Vickers Securities' wealth management business, which serves high-net-worth clients. The deal would expand the Thai bank's regional wealth footprint, though terms and timeline remain unconfirmed.

bne IntelliNews3 days agoTH, SGengCredibility 58%View source

Score Breakdown

Mosaic Score4.9
Confidence0.3
Significance0.5
Source credibility0.6

Intelligence Tags

#wealth-management#m&a#dbs#thailand#banking

Locations

Singapore
Source

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