Tan Su Shan, the incoming chief executive of DBS Group, signalled on 24 March 2025 that Singapore's largest bank would remain open to selective acquisitions in its core strategic areas. She said DBS was only interested in bolt-on deals that fit its strategy, create additional value and are accretive, while ruling out the pursuit of large-scale mergers.
She said large-scale M&A would divert attention from the bank's areas of focus, including digital and AI.
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