DBS expanding its wealth management footprint by 50% across 6 markets sounds ambitious. But HSBC Private Banking, UBS, and Julius Baer already have decades of UHNW client relationships in Asia. Is there enough room for DBS to genuinely win mandates, or is this expansion mostly optics?? 🙋
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DBS Is Betting Big on Wealth Management. Here Is Why That Makes Sense for Singapore Investors
DBS announced plans to open 18 new wealth centres across six markets by end-2027 and upgrade 36 existing ones, expanding its Singapore Treasures footprint by 50%. Asia's affluent wealth pool is projec...