DBS Trumpets Green Credentials
Tom Burroughes, 19 November 2019
DBS said it expects this year to close more than S$4 billion ($2.94 billion) of sustainable finance transactions comprising green loans.
DBS said it expects this year to close more than S$4 billion ($2.94 billion) of sustainable finance transactions comprising green loans.
The bank is using an artificial intelligence-driven approach to fighting financial crime and other risks.
The Swiss bank was tight-lipped about reports that the CEO, appointed only in April, has left the joint venture.
The group said it has logged growth in a number of the countries, ranging from Asia through to its home turf in Switzerland.
The embattled asset manager has hired a BlackRock heavyweight for a top operations role as the group strives to improve profitability.
The next year could be tough one, but longer term investors are optimistic, notably those taking a thematic approach.
DBS said it expects this year to close more than S$4 billion ($2.94 billion) of sustainable finance transactions comprising green loans. ...
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