DBS Vickers will shut down its retail brokerage operations in Hong Kong from the end of December, while clients will have the option of transferring their accounts to DBS Bank. Photo: EPA

DBS Vickers to transfer Hong Kong retail brokerage clients to sister bank

  • The securities arm of DBS Group will continue to service institutional clients, act as the bank’s execution broker
  • Clients have the option to transfer to a new account with DBS Bank or another bank or close their account after the closure of its retail business on December 31
Topic |   Banking & Finance

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DBS Vickers will shut down its retail brokerage operations in Hong Kong from the end of December, while clients will have the option of transferring their accounts to DBS Bank. Photo: EPA
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