DBS Group has set an ambitious goal to grow assets under management (AUM) in its wealth business to more than S$1 trillion by 2030. Southeast Asia's largest bank looks to capitalise on rising wealth across Asia and sustained inflows into regional financial hubs, according to Reuters.
The target covers both the bank's retail and wealth management businesses and represents an increase of roughly S$400 billion from the S$632 billion in wealth AUM reported at the end of 2025. Achieving this milestone would effectively match the growth DBS delivered over the previous decade, but in about half the time.
