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Really amazing. Happy headache problem again clueless when to upsize my holdings...
pkli899 ( Date: 02-Jun-2026 09:53) Posted:
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DBS to open 18 new and 36 upgraded wealth centres across Apac by 2027
First centre expected to open in Q3 2026 will roll out in Singapore, Hong Kong, China, India, Indonesia and Taiwan
[SINGAPORE] DBS : D05 +1.47% will open 18 new and 36 upgraded wealth centres across the Asia-Pacific by the end of 2027, in what the lender called the largest physical expansion of its wealth franchise to date.
The centres will be located in Singapore, Hong Kong, China, India, Indonesia and Taiwan, the bank said on Monday (Jun 1), with the first to open in the third quarter of 2026.
DBS did not elaborate on the cost of upgrading and expanding its network of regional wealth centres.
Sanjoy Sen, group head of consumer banking at DBS, said the move will not only strengthen the bank&rsquo s network, but also bring it closer to its customers.
&ldquo What clients tell us, more than anything else, is that the relationship they want with their bank should feel personal, familiar and close to home,&rdquo he said.
&ldquo These wealth centres are not just about expanding our footprint. They are about closing the distance between our clients and the relationship managers who serve them &ndash meeting them where they live, where they work and where they build their lives,&rdquo he added.
In Singapore and Hong Kong &ndash which are the bank&rsquo s two largest markets &ndash the centres will serve its Treasures clients. In China, India, Indonesia and Taiwan, the centres will serve Treasures and Treasures Private Client customers.
Going with the flow
The bank said the move will increase its Treasures&rsquo wealth centre presence in Singapore by 50 per cent.
Treasures is the bank&rsquo s wealth management service. In Singapore, the minimum investment threshold to qualify for the service is S$350,000.
Treasures Private Client is a higher-tier service, requiring S$1.5 million of investable assets, but which sits below the Private Bank service, which is for individuals with S$5 million or more.
DBS said that as investors switch to digital wealth management platforms, in-person meetings are still important for many of them, with more than 40 per cent in Hong Kong and Singapore continuing to meet relationship managers face-to-face.
This comes as wealth management and other fee income become increasingly important sources of revenue for Singapore banks, helping to offset expected reductions in net interest income as interest rates dip.
The combined non-interest income of Singapore&rsquo s three main banks &ndash DBS, OCBC and UOB &ndash rose to a record S$5.16 billion in Q1, from S$4 billion in the preceding quarter and S$4.78 billion a year earlier.
For DBS, net fee and commission income in Q1 climbed 16 per cent to a record S$1.5 billion. This growth was propelled by wealth management fees, reaching a record S$907 million, supported by robust bancassurance and investment product sales.
Research from consulting firm McKinsey said high and ultra-high-net-worth individuals in Apac will transfer about US$5.8 trillion in assets between 2023 and 2030, presenting a major opportunity for banks, family offices and other asset managers.
Crazy new ATH of $64.46!
Already exceeded 64 bucks this morning...Amazing!
headed for 65 in June
Over 5 millions shares traded
62.84
Nice
Nice
looking at the massive buy/sell quotes u will know tt today is msci rebalncing date.
Lai liao lor......ATH 62.65!
Wow, big buy up!
From 62.50 to 62.58!
But down back to 62.55.
From 62.50 to 62.58!
But down back to 62.55.
Highest so far is only 13c from ATH........possible.
another ATH in the making today?
shiok shiok
lol
shiok shiok
lol
Haha.........me also........buying bit by bit.........whenever got chance.
All, DBS keeps breaking all time high. No idea when to upsize my holding. Having happy problem now...
简 直 就 是 除 却 巫 山 不 是 云 ， 唯 我 独 尊 的 傲 立 群 雄 ！
pkli899 ( Date: 22-May-2026 16:48) Posted:
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海 到 无 边 天 作 岸
山 蹬 绝 顶 我 为 峰
新 展 银 行 的 写 照
山 蹬 绝 顶 我 为 峰
新 展 银 行 的 写 照
只 有 更 高 ， 没 有 最 高 ！
list in the states...anything is possible
tankoksee ( Date: 19-May-2026 17:35) Posted:
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they will cover back soon.
meanwhile remember to collect your dividends today...
bear gonna shop for salmon to stock up during summer months.
huattuatua ( Date: 20-May-2026 10:37) Posted:
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so afterall my suspicions on yesterday' s closing was right afterall.
wth, shd capitalise on that😩
wth, shd capitalise on that😩
huattuatua ( Date: 19-May-2026 17:18) Posted:
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