DBS Bank announced in February 2024 that it would consolidate its equity capital markets, brokerage, Digital Exchange, and treasury markets businesses into a single unified group to be known as DBS Global Financial Markets.
The restructuring does not involve any external acquisition; it is a cross-unit consolidation within DBS Group's existing operations, bringing together four distinct business lines that had previously operated under separate organisational structures.
FOUR UNITS FORM A SINGLE PLATFORM
The new Global Financial Markets group draws together four businesses. The equity capital markets division manages primary and secondary equity transactions for corporate clients, advising on and distributing equity issuances in Asian and international markets. The brokerage operation provides execution and advisory services to institutional investors trading across equity and related instruments. DBS Digital Exchange is the bank's regulated platform for digital asset trading and securities tokenisation.
Treasury markets completes the group, covering the foreign exchange, interest rate, credit, and structured products businesses.
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