BEST PRIVATE BANK IN SINGAPORE, BEST PRIVATE BANK FOR USE OF TECHNOLOGY, JUDGES' AWARD FOR INDUSTRY LEADER - SU SHAN TAN

摘要

DBS has provided one of the standout stories among award winners for 2014, having secured accolades for being the best institution in Singapore, its use of technology and for the leadership provided by high-profile, charismatic head of consumer banking and wealth management Su Shan Tan. One of the main reasons why DBS has come into its own this year has been its acquisition of the Asian private banking franchise of Societe Generale in Hong Kong and Singapore. The French bank had made a big point of hiring experienced bankers across the south-east Asian region in recent years, yet struggled to make the business profitable. With its own regional infrastructure and branch network, this should not be a problem for DBS.