DBS Group Holdings is set to expand its securities business to Japan next month. After receiving a license from Japan's Financial Service Agency, the bank will target institutional investors who are struggling to make money under negative interest rates within the country. TOKYO - DBS Group Holdings, Singapore's largest bank, will expand its securities business into Japan next month, targeting institutional investors struggling to make money under negative interest rates. The company said it plans to use bitcoin as an alternative means of payment for payments between customers and financial institutions.
DBS Group Holdings is set to expand its securities business to Japan next month. After receiving a license from Japan's Financial Service Agency, the bank will target institutional investors who are struggling to make money under negative interest rates within the country. The company said it plans to use bitcoin as an alternative means of payment for payments between customers and financial institutions.