The announcement comes as Asia’s affluent segment - households with US$100,000 ($127,000) to US$1 million in investible assets - is growing…
The announcement comes as Asia’s affluent segment - households with US$100,000 ($127,000) to US$1 million in investible assets - is growing at an exponential rate, with the wealth pool projected to hit US$4.7 trillion by 2026, up from US$2.7 trillion in 2021 https://www.straitstimes.com/business/dbs-to-open-2-new-wealth-centres-in-singapore-by-end-2027-to-better-serve-more-rich-customers?ref=top-story
The excerpt is quoted from a public Telegram channel, which owns its text.