DBS MFO platform surges to SGD1bn AUM, eyes 2026 target

The Singaporean bank's offering for the ultra-wealthy, launched two years ago, has attracted over 25 families.
DBS MFO platform surges to SGD1bn AUM, eyes 2026 target

DBS Private Bank, part of Singapore's biggest bank DBS Group said on Tuesday its bank-backed multi-family office platform has reached SGD1 billion (USD780 million) in assets under management two years after launch and is on track to hit SGD2 billion by end-2026.

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