wealth management News & Analysis
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DBS (DBS) to Open 18 New Wealth Centres in Asia
DBS (DBS) announced plans to open 18 new wealth management centers across Asia. This expansion aims to strengthen the bank's advisory services and enhance its market position. Additionally, DBS aims to meet the growing demand for wealth management services in the region. This move could potentially impact market competition by increasing the advisory options available to clients in Asia.
Read More: DBS (DBS) to Open 18 New Wealth Centres in Asia
TIFIN.AI launches joint venture TIFIN Australia for wealth management
TIFIN.AI has established TIFIN Australia as a joint venture focusing on AI-driven wealth management services. This expansion follows earlier moves into Japan and India, underscoring TIFIN's commitment to global growth. Marcus Price, the former chief executive of Iress, will lead the operation while Justin Schmitt, also from Iress, has been appointed chief executive. TIFIN aims to utilize its existing AI technology tailored to the financial advice sector in Australia, promoting more personalized and scalable client services.
Read More: TIFIN.AI launches joint venture TIFIN Australia for wealth management