Financial services

DBS targets $1 trillion in wealth assets by 2030, banks on AI and 600 new hires

Shee Tse Koon, DBS group head of consumer banking and wealth management, said the Singapore bank has been seeing very good traction, with clients parking more and more of their wealth with the institution.

DBS, OCBC, UOB shares hit record highs in July: Analysts say they can climb more

DBS, OCBC and UOB shares climbed to fresh highs on the back of positive investor sentiments.

HSBC sees SGX-Nasdaq dual listing bridge boosting Singapore’s financial hub status

Michael Roberts, HSBC chief executive for corporate and institutional banking, said Singapore is well-positioned to attract companies to set up their bases here.

News analysis

Despite Brexit, London hasn’t lost its lustre as Europe’s financial hub

Whatever Brexit did to the City of London, it did not dethrone it.

Free AI courses for 60,000 accounting, finance professionals in S’pore under national programme

Second Minister for Finance and National Development Indranee Rajah speaking during ISCA’s annual dinner on July 3.

OCBC rolls out AI avatars, to hire 600 more relationship managers amid wealth push

OCBC group chief executive Tan Teck Long at the unveiling of OCBC WoW, which the bank says is South-east Asia’s first AI-native mobile banking app.

Singapore’s US-dollar millionaires rise to 244,000 as global personal wealth hits record high: UBS

Singapore’s average wealth per adult reached US$527,217 in 2025, according to the latest UBS Global Wealth Report.

ATMs, cashpoints will be closer to home as Singapore banks expand support for seniors

Concerns were raised in Parliament in February over the lack of ATMs in some parts of Sengkang, prompting calls for the authorities and banks to ensure convenient banking access for underserved communities.

BlackRock cuts another 200 jobs globally

The world’s largest asset manager has trimmed headcount three times over the past 18 months.

Not just for the super rich: 8 in 10 DBS retail customers get dedicated wealth planning managers

Nearly one million DBS and POSB customers invest or insure through the bank, and DBS plans to double that number by 2030.

E-paper

Newsletters

Podcasts

RSS Feed

About Us

Terms & Conditions

Personal Data Protection Notice

Need help? Reach us here.

Advertise with us

MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.