DBS Wealth Management Reports Record High Income
DBS wealth management has reported record high in its second quarter earnings result. First half income from wealth management customer segment rose 8% year on year to a record high of SGD 806 million with assets under management growing 6% to SGD 151 billion.
DBS wealth management segment consists of Treasures, Treasures Private Client and Private Bank.
News Source: Finews Asia
About DBS Bank
DBS Bank Ltd (SGX:D05) is a Singaporean multinational banking and financial services company. The company was known as The Development Bank of Singapore Limited, before the present name was adopted in July 2003 to reflect its changing role as a regional bank. Founded in 1968, DBS acquired POSB (Post Office Savings Bank) in 1998. With over
280 branches across 18 markets in Asia, DBS serves over four million customers in the three key Asian axes of growth, namely, Greater China, Southeast Asia and South Asia.
- Origin : Singapore
- Assets : SGD 458 billion
- Revenue : SGD 10.8 billion
- Employees : 22,000
Official Website: www.dbs.com
News & Media: Press Release
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