Competition in Singapore's domestic banking scene has reached fever pitch in the past year, as the trio of local firms - DBS, OCBC and UOB - have considerably beefed up their treasury and risk management operations. All three banks have a substantial share of the Singapore dollar forwards and swaps market.
But when it comes to structuring proficiency and innovation, DBS remains the torchbearer. Early this year, the bank introduced a daily foreign exchange hedging solution to help local energy
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