TTB and DBS Partner for Wealth Management Portfolio Transfer

Post Today•Economy•20d ago

Reader Briefing

TMBThanachart Bank (TTB) and DBS Bank Ltd. have announced a strategic partnership to enhance wealth management services in Thailand.

•TTB and DBS Bank Ltd. are collaborating to combine regional wealth management expertise with local market understanding.
•Baht-denominated investment portfolios will be transferred from DBS Vickers (Thailand) Co., Ltd. (DBSVT) to TTB Wealth Co., Ltd. (ttb wealth).
•The portfolio transfer process is expected to be completed by May 2027.
•DBSVT will begin contacting eligible customers for consent and information starting August 31, 2026.

•TTB and DBS Bank Ltd. have entered a strategic partnership to provide customers with diverse investment options and personalized wealth management.
•Baht-denominated investment portfolios currently under DBS Vickers (Thailand) Co., Ltd. (DBSVT) will be transferred to TTB Wealth Co., Ltd. (ttb wealth) subject to customer consent.
•DBSVT will start contacting eligible customers to provide information and request consent for the transfer starting August 31, 2026.
•The transfer of Baht-denominated portfolios to TTB Wealth Co., Ltd. (ttb wealth) is expected to be finished by May 2027.
•DBS Bank Ltd. will continue to provide Private Banking services to Private Wealth Management customers in Thailand.
•The Equity Institutional Sales (EIS) business of DBS Vickers (Thailand) Co., Ltd. (DBSVT) will continue to operate normally.
•TTB and DBS Bank Ltd. are developing the next phase of cooperation to bring global investment products and solutions from DBS to TTB customers.

Full article content is available on the original source.

TMBThanachart Bank(ธนาคารทหารไทยธนชาต จำกัด (มหาชน))ℹ️

A bank referred to as TTB that is partnering with DBS to enhance its wealth management ecosystem.

DBS Bank Ltd.

The largest asset-sized bank in Southeast Asia partnering with TTB to provide global investment expertise.

DBS Vickers (Thailand) Co., Ltd.(บริษัทหลักทรัพย์ ดีบีเอส วิคเคอร์ส (ประเทศไทย) จำกัด)

An entity referred to as DBSVT that will transfer Baht-denominated investment portfolios to TTB Wealth.

TTB Wealth Co., Ltd.(บริษัทหลักทรัพย์ ทีทีบี เวลธ์ จำกัด (มหาชน))

A TTB group company and the primary driver of the bank's wealth management business.

Piti Tantakasem(ปิติ ตัณฑเกษม)

The Chief Executive Officer of TTB.

Shee Tse Koon(ชี ทีเซ คุน)

The Group Head of Consumer Banking & Wealth Management at DBS Bank Ltd.

Singapore(สิงคโปร์)ℹ️

A location mentioned by Shee Tse Koon regarding holistic financial planning experiences.

Thailand(ประเทศไทย)ℹ️

The market where TTB and DBS are collaborating on wealth management services.