Latest News for DBSDF
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 Asian wealth and inflows into regional financial hubs.
DBS Group , Singapore's biggest bank by assets, said on Thursday it will offer tokenised physical gold to retail customers as demand for the precious metal grows and the city-state pushes to become a gold trading hub.
DBS Group said on Monday it would open 18 new wealth centres across Asia by the end of 2027 and upgrade 36 existing centres over the next 18 months, marking the largest physical expansion of its wealth franchise to date.
DBS Group Holdings (DBSDF, DBSDY) is evolving into a diversified, AI-enabled regional financial platform with strong wealth management and digital banking momentum. DBS delivered record Q1 2026 income of SGD 5.95B and 16% ROE, maintaining profitability despite significant rate declines due to diversified revenue streams. Wealth management non-interest income surged 18% YoY, supported by SGD 39B net new money inflows…
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