
Wealth Management Hybrid
Rank 13
DBS Private Bank Family Office / MFO Foundry
Asia’s FO private-bank winner in both Euromoney and PWM—Singapore structuring efficiency, not a classic independent MFO.
Photograph by Terence Ong, CC BY 2.5, via Wikimedia Commons, resized
Why it is here
Euromoney named DBS Singapore’s best for family-office services (onboarding >1/3 of Singapore SFOs; MFO VCC innovation). PWM/The Banker GPBA 2025 awarded Best Private Bank in Asia for Family Offices. The Business Times independently verifies MFO Foundry VCC at about S$1bn AUM across 25+ UHNW families with a published S$15m minimum and a S$2bn target. Euromoney 2026 also names DBS world’s best private bank and world’s safest.
Who it is for
Asia-focused UHNW families seeking Singapore FO structuring and bank-sponsored MFO efficiency rather than bank-independent governance.
Sources
- Euromoney Private Banking Awards: Singapore’s best for family-office services: DBSOnboarded >1/3 of Singapore SFOs; first bank-backed MFO VCC (Foundry).
- Global Private Banking Awards 2025: Winners and highly commendedBest Private Bank in Asia for Family Offices: DBS.
- DBS aims for S$2 billion in multi-family office AUMMFO Foundry ~S$1bn / 25+ families; min S$15m; open architecture; target S$2bn.


