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Wisconsin contractor opens its new Rochester office


Wisconsin contractor opens its new Rochester office
DBS Group ceremonially cut a ribbon this week to open its recently renovated office in the Valley High Business Center.
Written By: Jeff Kiger
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A Wisconsin construction firm is opening the doors of its new Med City office this week.
DBS Group, “a design-build” commercial construction manager and general contractor based in Onalaska, Wis., ceremonially cut a ribbon this week to open its recently renovated office at Suite 110 in the
Valley High Business Center, at 3425 40th Ave. NW.
Johnson Controls previously occupied that spot.
Several team members are based in the 1,750-square-foot office, including DBS Group Vice President of Business Development ....

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cryptocurrencies: DBS private bank offers wealth succession planning for cryptocurrencies


Synopsis
This is the latest move into cryptocurrencies by Southeast Asia s largest bank, which late last year launched a cryptoexchange for institutional and other accredited investors. Several other banks around the world are cautiously starting to offer crypto-related services, often to their very wealthy clients, drawn by the recent surge in the price of bitcoin and other cryptocurrencies.
AFP
Bitcoin has risen more than 70% so far this year, even after volatility driven by a series of tweets by Tesla CEO Elon Musk.
DBS Group said on Friday its private banking arm has started offering trust services for cryptocurrencies, helping rich clients include the emerging asset class in their succession plans. ....

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DBS, StanChart among potential bidders for Citi's Asia consumer business


FILE PHOTO: People walk past a Citibank branch in New York. REUTERS/Andrew Kelly/File Photo
SINGAPORE/HONG KONG: Banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), OCBC and Standard Chartered are set to bid for parts of Citigroup s consumer business in Asia, people with direct knowledge of the matter told Reuters.
The sale process will start within a couple of weeks, the people added, declining to be named as they were not authorised to speak to media.
The move comes after Citi said that it would exit from its consumer franchises in 13 markets, 10 of which are in Asia, as it refocuses on its more lucrative institutional and wealth management businesses in these markets. ....

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Singapore's biggest bank DBS to cut office space in home market


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DBS Group is poised to trim office space in Singapore to pare its footprint in the city-state during the coronavirus pandemic.
Southeast Asia’s largest bank plans to surrender about two and half floors in Tower 3 of the Marina Bay Financial Centre (MBFC), according to people with knowledge of the matter. The lender occupies more than a dozen floors in the building, located in the central business district.
DBS is set to give up the floors in December, the people said, asking not to be identified because the plans are private. A representative for the company declined to comment. ....

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