Singapore’s DBS Targets over $774 Billion in Wealth Assets by 2030

DBS aims to grow wealth assets to $1 trillion by 2030

Discover how DBS Bank plans to achieve $1 trillion in wealth assets by 2030 through AI adoption and strategic hiring to enhance client services. Read more at straitstimes.com.

Singapore’s DBS targets over $774 billion in wealth assets by 2030

By Rae Wee and Yantoultra Ngui SINGAPORE, July 15 (Reuters) - DBS Group aims to grow assets under management in its wealth business to more than S$1 trillion ($774 billion) by 2030, its unit's head said, as Singapore's ​biggest bank bets on rising Asia...

DBS Plans to Push Retail and Wealth AUM Past S$1 Trillion

DBS wants to add about S$400 billion in assets under management over five years as it expands its wealth business across Asia. The bank is targeting more than S$1 trillion in retail and wealth AUM by 2030, The Business Times reported. Total AUM reached S$644 billion in the first quarter of 2026, with wealth clients accounting for 77 percent. Its wealth AUM stood at S$492 billion, close to its S$500 billion target for end-2026. About 58 percent w…

DBS targets S$1 trillion in AUM by 2030 as it steps up AI, hiring push

The bank plans to hire 600 more front-line advisers and platform engineers by end-2028 Read more at The Business Times.