Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Bank of Singapore targets top-five Asian private bank status by 2030, fueled by $145B+ AUM growth and strategic expansion.

flag Bank of Singapore, a unit of OCBC, aims to become a top-five private bank in Asia within five years, following a nearly 20% rise in assets under management to over $145 billion by Q3 2025. flag The growth, driven by expanding high-net-worth wealth in the Asia-Pacific region—up 4.8% in 2024 and a 2.7% increase in HNWI numbers—has led to hiring more relationship managers, with plans for further expansion in 2026. flag The bank is investing in proprietary technology to integrate local currencies and insurance into portfolio planning and developing bespoke products for clients with $100 million or more in assets. flag Hong Kong has already surpassed its AUM growth target, while Dubai remains a strategic focus, where the bank aims for 20% of its AUM by 2027 and is considering a new booking center. flag It also plans to leverage OCBC’s regional presence and its stake in Great Eastern Holdings to build an integrated onshore-offshore network across Asia.

3 Articles