DBS to merge capital markets, brokerage with treasury markets

DBS to merge capital markets, brokerage with treasury markets

A booth of DBS is pictured at the Singapore FinTech Festival, Singapore, November 4, 2022. REUTERS/Anshuman Daga/File Photo

Singapore’s largest lender DBS Group said on Friday it will merge its equity capital markets, brokerage and digital exchange with its existing treasury markets business, with the new group renamed global financial markets effective March 1.