DBS CEO says Trump will be open to cutting deals, which could suit China

SINGAPORE: DBS CEO Piyush Gupta said on Tuesday (Jul 9) that US presidential candidate Donald Trump, if he wins, may per chance be commence to cutting deals, which may per chance swimsuit China.

Gupta, who made the comments in an interview on the Reuters NEXT forum in Singapore, became once responding to a query on Sino-US family after the US presidential elections.

“Trump is a dealmaker … he’ll be gay to be cutting deals and I agree with that’s one thing that’s precious on tale of the Chinese language additionally prefer to decrease deals,” Gupta said.

Despite rising geopolitical dangers, Gupta said DBS remained optimistic about Asia on tale of its regional economic progress rates of 4 per cent to 5 per cent bear been almost double the rates recorded in totally different locations on the earth.

DBS is absolutely the most practical financial institution in Singapore and Southeast Asia by asset dimension.