DBS CEO Gupta Says China ‘Consequential’ to Bank’s Strategy
- Bank continues to invest in China; sees opportunities in EV
- Gupta speaks at Reuters Newsmaker event in Singapore
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DBS Group Holdings Ltd. sees China continuing to be consequential for the bank even as the country grapples with headwinds in the short-term, according to the chief of Southeast Asia’s largest bank.
The lender sees long-term opportunities in the country and is still investing in Asia’s biggest economy despite the ongoing property crisis, Chief Executive Officer Piyush Gupta said in an interview at the Reuters Newsmaker event in the city-state.