Sheila Chiang on Muck Rack

Sheila Chiang

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As seen in: The Straits Times, MSN, MSN Singapore, MSN Malaysia, MSN Money Canada, MSN Philippines, Yahoo Canada, Yahoo News Malaysia, Yahoo Singapore, Aol, CNBC and
I write about Asia's technology sector at CNBC. Deep-diving into things. Based in Singapore.

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Not just for the super rich: 8 in 10 DBS retail customers get dedicated wealth planning managers

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By Sheila Chiang 
| The Straits Times
SINGAPORE - DBS Bank customer Lim Mei Luan was pleasantly surprised when she received an e-mail from the bank a few months ago informing her that she had been assigned a wealth planning manager. “I thought wealth planning managers assist only high-net-worth customers,” she said. The 44-year-old small business owner has since met the manager, who helped review her financial portfolio and guided her in using digiWealth – a wealth planning platform built into the DBS digibank app.
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World’s richest man gets even richer as SpaceX IPO makes Musk first trillionaire in history

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By Sheila Chiang 
| The Straits Times
MARKET INSIGHTS SINGAPORE - Elon Musk officially became the world’s first trillionaire following the record-breaking Nasdaq debut of SpaceX, the rocket maker he founded in 2002. His net worth rose to an estimated $1.1 trillion after the stock began trading, according to Forbes. Musk was already the world’s richest person with a net worth of approximately US$982 billion before SpaceX’s initial public offering (IPO), according to Forbes.
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Citi Singapore to expand offerings for wealth clients, tap AI as competition heats up

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By Sheila Chiang 
| The Straits Times
SINGAPORE – Citi Singapore is pulling out all the stops to grow its wealth business, including expanding privileges for high-net-worth customers and tapping artificial intelligence, with efforts aimed at strong client assets growth. In 2025, Citibank Singapore saw double-digit growth in revenue and client investment assets. The strong performance sustained into the first quarter of 2026, with the bank reporting year-on-year growth in revenue and client investment assets.
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