DBS reviewing Mideast, Europe, US operations-report

London South East, 18 Jun 2010
SINGAPORE, June 18 (Reuters) - DBS Group, Southeast Asia's largest lender by assets, is rethinking the way it runs its wholesale banking business in the Middle East, Europe and North America, the Business Times reported on Friday.
Peter Seah, the bank's recently appointed chairman, told the paper that while DBS will continue lending money to domestic players in non-Asian markets, it will focus more on supporting ventures owned by existing Asian customers.
DBS will also concentrate on non-Asian firms looking to expand their operations in the region, he added. Full Story

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