Bank of Singapore’s Hong Kong UHNW AUM surges 54% YoY as growth targets remain “on track”

By Stanley Yupu Li , senior reporter | 16 May 2025 | 5 minutes read
Rickie Chan addresses members of the press at a media briefing in Hong Kong on Friday, 16 May 2025

Bank of Singapore has reported strong growth momentum in Hong Kong in the first quarter of 2025, contrasting with the moderate Asia AUM growth seen throughout 2024. Data from APB Insights for 2024 show that Bank of Singapore’s Asia AUM increased by just 6.9% that year, up from US$116 billion to US$124 billion. Despite the increase and a much-publicised hiring…

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