Finance
DBS Is Said to Tap Goldman Sachs to Help Find Insurance Partner in India, Taiwan
- Bancassurance tie-up may be worth few hundred million dollars
- Agreement could also include products in home market Singapore
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DBS Group Holdings Ltd. is considering forming insurance partnerships in India and Taiwan to expand its services in the region, according to people familiar with the matter.
The Singapore-based lender is working with Goldman Sachs Group Inc. as an adviser on potential bancassurance agreements for those markets, the people said, asking not to be identified because the deliberations are private.