Singapore May Allow Virtual Banks After Hong Kong Move, DBS Says

The transcript discusses the strong business momentum and improved economic conditions, despite previous political and economic headwinds. It addresses the disruption risk in banking due to fintech advancements and the importance of retraining staff. The impact of technology on the workforce is explored, highlighting job displacement and creation. The company's fintech transformation strategy and selective investments are outlined. Finally, the regulatory environment and considerations for investment products are discussed.

How does the speaker view the impact of fintech on traditional banking?

What approach does the speaker suggest regarding investments in startups?

What concerns does the speaker express about the regulatory environment for new banking licenses?