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DBS to merge retail equities trading into bank by year-end

DBS Vickers will continue to focus on its institutional clients

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Jimmy Ho, president of the Society of Remisiers, says subsuming stockbroking under the banks diminishes professionalism

Singapore

DBS, Southeast Asia's largest bank by market value, will transfer its retail equity trading under DBS Vickers to the bank by the end of the year, leaving the securities and derivatives arm to focus on its institutional clients.

At an hour-long townhall meeting on

sentifi.com

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