In a supposedly slow-moving industry, the amount of change in global wealth management over five decades has been remarkable.

For many private banks that set up in Asia in the last decade, the cost of doing business kept them locked out of the vast expansion of wealth in the region; those that didn’t leave are settling into a more mature industry, but they are a long way from being able to relax.

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Tan Su Shan has led DBS’s efforts to become the leading home-grown bank for wealth management in Asia, during a decade in which the number of billionaires in the region has soared.

Profits are up, but the markets hits it – for good and bad – for being the bank/tech hybrid Gupta has modelled.

UOB responds with announcement of Grab alliance.

Alternatives to green bonds and loans needed to boost Asian green finance; engaging retail investors will be key.

Asia offers a unique client set of young entrepreneurs; it also offers the challenge of new generations inheriting wealth with different expectations from their predecessors. That is a great opportunity, but it requires private banks to be nimble, thoughtful and technologically adept.

There are only two truly global, fully fledged cash management banks today, but the digital arms race in transaction services gives far more banks the opportunity to be world class.

DBS marked its 50th anniversary by commissioning a musical based on its web series 'Sparks'.

Neal Cross brought a range of unusual experiences to his job as chief innovation officer at DBS, one of the world’s most impressive banks for digital ideas. His desire to disrupt and transform doesn’t stop at the bank – it extends to Sumatran orangutans.

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HSBC maintains its dominance of the cash management industry.

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DBS

DBS, under CEO Piyush Gupta, is not the biggest name in transaction services in Asia, but it is the one that impresses most in its trajectory.

It is a big ask to win any Euromoney award for three years consecutively, but DBS’s leadership in the digital realm is unarguable.

After two years, OCBC loses its crown to local peer DBS this year as Euromoney’s best bank for small and medium-sized enterprises. The two Singapore houses remain almost unique in building a meaningful SME business that operates across borders.

Australia

The firm is leveraging the efficiency and craft it has built in digital to take it into the markets that surround its home base.

DBS is an institution in which every part of the business – from cash management to private banking, from SMEs to retail – is being enriched by a challenging process of wilful digital disruption.

Bank of America and Citi win top prizes; Credit Suisse’s Tidjane Thiam is named Banker of the Year; Asian banks make their mark in global awards.

DBS is all about digitization bringing costs down, but Thursday’s numbers show a reversal. It’s caused by the acquisition of ANZ’s wealth business in Asia.

The results of the Euromoney Trade Finance Survey 2018 show the emergence of two very different trends: the sustained presence of the global trade finance bank, and the rising influence of regional institutions.

HSBC rises to the top of trade finance.

No other bank explains its tech performance better than DBS