“The idea is to create a link, a bridge, a conduit for Asian money looking for investments in Europe or vice versa,” said Tsang.
From today, SMEs in Hong Kong, including startups, can harness the power of DBS BusinessClass to leverage a wide range of business opportunities.
The US shares, which were sold for US$32.84, will debut in New York on Thursday before commencing trade in Tokyo a day later.
The Point asked Ian Gillard, executive vice president, Bangkok Bank, about the bank's customer-centric approach to innovation, which includes the bank's mBanking service.
The comments from ANZ's CIO come despite its competitors, NAB and Commonwealth Bank, heavily investing in improving their technology systems over the past few years.