Updated January 2026

Private Banking in Singapore

Compare Singapore's major private banks. Find minimum requirements, fees, and services from UBS, DBS, HSBC, Credit Suisse, and more. S$2.4 trillion in assets managed.

S$2.4T
Assets Under Management
200+
Licensed Wealth Managers
S$1M
Minimum Entry (Local)
#3
Global Wealth Hub

Top 10 Private Banks in Singapore 2026

A working shortlist of the largest and most active private banks in Singapore in 2026 — ranked roughly by Asia AUM and client-facing presence. See minimums compared for the full table of 19 banks.

  1. 1.

    UBS Wealth Management

    S$2-3M minimum · Swiss · global wealth-management group

    One of the largest non-Asian private banks in SG by AUM after the 2023 Credit Suisse integration. Global product depth + Swiss heritage.

  2. 2.

    DBS Private Bank

    S$1.5M minimum · Asian · Singapore-domestic franchise

    One of the largest Singapore-domestic HNW relationship bases. Lowest published minimum among true PB tiers.

  3. 3.

    Bank of Singapore

    US$5M minimum · Asian pure-play · OCBC-owned · US$130B+ AUM

    Dedicated private-banking subsidiary of OCBC. Greater China + ASEAN + Middle East strength.

  4. 4.

    HSBC Private Banking

    S$2M minimum · British universal · Asia-Europe corridor

    Strong fit for multi-jurisdictional families. HSBC Jade at S$2M, Global Private Banking at S$5M+.

  5. 5.

    Julius Baer

    US$2M minimum · Swiss pure-play · CHF 470B group AUM

    Listed Swiss pure-play wealth manager. No IB conflict, open-architecture platform.

  6. 6.

    Standard Chartered Private Bank

    Priority Private S$1.5M · SC Private Bank US$5M+ · 50+ markets

    Broad emerging-markets footprint in Singapore. Asia-Africa-Middle East corridor specialist.

  7. 7.

    Citi Private Bank

    US$25M minimum · US universal · UHNW-only

    One of three Asia booking centres. Law Firm Group + global custody footprint in 90+ markets.

  8. 8.

    JP Morgan Private Bank

    US$25M minimum · US universal · UHNW-only

    Highbridge + PE secondaries + JPMAM alternatives. Deepest US-listed equity coverage in Asia PB.

  9. 9.

    Pictet

    US$2M+ minimum · Swiss pure-play · partnership-owned

    One of the few remaining true partnerships. Multi-generational families, Geneva + Singapore dual booking.

  10. 10.

    Goldman Sachs PWM

    US$25M+ minimum · US universal · UHNW-only

    Direct co-investment alongside GSAM + access to IB deal flow. Pre-IPO and private-market depth.

Also worth shortlisting at the senior / pure-play tier: Lombard Odier (CHF 1M+), LGT (US$2M+), Morgan Stanley PWM (US$25M), J. Safra Sarasin (CHF 5M+), VP Bank (CHF 5M+), Deutsche Bank Wealth Management (US$5M+), BNP Paribas Wealth Management (US$5M+), EFG Bank (US$1M+).

See all 19 banks compared →

Looking for the broader Singapore private-banking ecosystem? Our directory of all MAS-licensed firms in the private-banking segment covers ranking by advisor headcount, regulatory licence type, and per-firm leadership across the full universe.

Why Choose Singapore for Private Banking?

Regulatory Excellence

  • MAS-regulated financial sector
  • Strong rule of law
  • Political stability
  • Transparent banking secrecy laws

Tax Advantages

  • No capital gains tax
  • No inheritance tax
  • 13O / 13U family-office incentives + VCC vehicles
  • Territorial tax system

Private Banking Minimum Requirements

Bank Minimum AUM Annual Fee Typical Fit
DBS Private Bank S$1 Million 0.5-1.0% Asian market access
UBS Wealth Management S$2-3 Million 0.75-1.5% Global diversification
HSBC Private Banking S$2 Million 0.5-1.25% Cross-border wealth
JP Morgan Private Bank S$5-10 Million 0.5-1.0% UHNW clients
Standard Chartered Priority S$200,000 0.25-0.75% Entry-level private banking

Get matched with a Singapore private banker

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Advertising disclosure. Some matched firms pay WealthManagement.sg a featured-placement / advertising fee. We do not receive AUM-based commission. We are not MAS-licensed and do not provide financial advice. See Disclaimer.

Already have a private banker? If your wealth plan needs to cover Singapore estate, CPF nomination, or cross-border succession, our sister site EstatePlanner.sg covers wills, lasting power of attorney, and probate for HNW Singapore families.

Explore Singapore wealth-management firms

Every MAS-licensed firm in our directory, with provenance on every fact.