SINGAPORE / SEOUL, 2 Jul 2026 – DBS and Samsung Securities today signed a Memorandum of Understanding (MOU) to establish a strategic partnership in wealth management, bringing together two of Asia's leading financial institutions to better serve clients across the region. The first-of-its-kind partnership pairs Samsung Securities' leadership in Korea's capital markets with DBS's award-winning global wealth platform, broadening the choices available to clients of each institution in their respective markets.

As Asia cements its place as a global wealth management hub, clients increasingly seek professional advice to grow their wealth and businesses. The partnership brings together two complementary franchises — Samsung Securities, a leader in Korea's capital markets and wealth management, and DBS, one of Asia's foremost wealth managers – enabling their clients to diversify across markets. The MOU paves the way for a strategic partnership agreement.

Four areas of collaboration

Under the MOU, DBS and Samsung Securities will explore four areas of collaboration, with detailed terms to follow in the strategic partnership agreement:

• Korean market access for DBS clients: Enable DBS clients to invest in solutions offered by Samsung Securities.
• Broader global solutions for Samsung Securities' clients: Offer Samsung Securities clients access to DBS' multi-asset global wealth solutions.
• Client connectivity: Provide advisory services to serve clients' global wealth management needs.
• Knowledge and capability sharing: Facilitate joint learning and innovation development in areas such as AI and thought leadership in wealth management.

Park Jong-moon, president and ceo of Samsung Securities, said: "This partnership marks an important milestone in connecting Korean investors to global markets and bringing global opportunities to our clients. By pairing Samsung Securities' strength in Korea's capital markets with DBS' regional and global wealth platform, we can offer clients a more connected and differentiated wealth experience — and reinforce Korea's place at the heart of Asia's wealth ecosystem."

DBS ceo Tan Su Shan said: "Asia is fast becoming the world's wealth engine, and clients increasingly want to manage their wealth seamlessly across markets. We are delighted to partner Samsung Securities, a like-minded leader that shares our belief in putting clients first and in connected markets. By bringing together Samsung Securities' leadership in Korea's capital markets and DBS' global platform, we can offer clients in both markets investment opportunities of a calibre few can match across Asia and beyond. We see wealth management as just the start. Over time, we hope to bring the full strength of DBS as One Bank to serve clients across their wealth and business alike."

Re-disseminated by The Asian Banker