Wealth Management Competitor Tracker, March 2010

Date: May 1, 2010
Pages: 14
Price:
US$ 2,795.00
Publisher: Datamonitor
Report type: Company Report
Delivery: E-mail Delivery (PDF)
ID: W8AA1B0D9BCEN
Leaflet:

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Introduction

This monthly tracker covers product innovation, customer targeting, M&A, partnerships, organic growth, and staffing activity globally in the wealth management space.

Reasons to Purchase

- Track the strategies announced by 50+ of your key competitors.

- Assess which geographies and strategic areas are seeing the most activity.
OVERVIEW

Catalyst
Summary
Methodology
Table of Contents
Introduction
The Wealth Management Competitor Tracker provides both one month and 12 month views of developments
Each month, Datamonitor tracks the most relevant announcements from 55 competitors
Datamonitor's Wealth Management Team provides analysis of the key developments at both the one month and 12 month level
A fully searchable database of the past 12 months of developments is also delivered alongside the report
Key Trends and Developments in March
There were some notable developments within the wealth management industry during March
ANZ received approvals for its acquisition of certain RBS businesses
Deutsche Bank acquires Sal. Oppenheim Group
Sarasin opens a branch in Hong Kong
In March, there was a sudden decline in the number of strategic developments in the wealth management industry
There were a total of 16 competitor developments in March
M&A and staffing were the predominant activities in the wealth market in March
Competitor activity was strong in Europe
Product Innovation and Customer Targeting
Bank of America
Bank of America launches a new campaign
Citigroup
Citibank launches new financial education book series
Investec
Investec introduces a music and entertainment banking team
Mellon Financial Corp
BNY Mellon Asset Management introduces a new fund
Sarasin
Sarasin launches a sustainable equity fund
Standard Chartered
Standard Chartered introduces a new website for female entrepreneurs
M&A, Partnerships and Organic Growth
ABN Amro
ABN Amro announces merger with Fortis Bank Nederland

ANZ

ANZ announces opening of India branch
ANZ receives approvals for RBS business acquisitions
Deutsche Bank
Deutsche Bank acquires Sal. Oppenheim Group

HSBC

HSBC opens a branch in Los Angeles
Julius Baer
Julius Baer acquires parts of ING Bank
Sarasin
Sarasin opens a branch in Hong Kong
Staffing
Barclays
Barclays Wealth strengthens MENA banking team
Credit Suisse
Credit Suisse announces the appointment of Federico Imbert as CEO
Soci?t? G?n?rale
Soci?t? G?n?rale Private Banking appoints new private bankers
Vontobel
Vontobel appoints Jean-Pierre de Glutz
Appendix
Methodology
Further reading
Ask the analyst
Datamonitor consulting
Disclaimer

LIST OF TABLES

Table 1: The 55 companies covered by Datamonitor's Wealth Management Competitor Tracker

LIST OF FIGURES

Figure 1: There was a sharp drop in the number of total competitor developments in March
Figure 2: In March, the majority of developments were in M&A activity
Figure 3: The majority of development activities in March occurred in Europe

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Wealth Management Competitor Tracker, March 2010
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