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.
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
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 December
There were some notable developments within the wealth management industry during December
ANZ acquires ING wealth management in Australia and New Zealand, and RBS in Taiwan, Singapore, Indonesia and Hong Kong
Barclays Wealth makes several key appointments
In December, wealth management strategic initiatives picked up
There were a total of 25 competitor developments in December
M&A and staffing activity were both high in the wealth market in December
Competitor activity was balanced across Europe, Asia and the US
Product Innovation and Customer Targeting
Bank of New York Mellon
BNY Mellon provides analytics to clients through Portsmouth Financial Systems
DBS
DBS China launches gold fund linked structured investment products
Morgan Stanley
Morgan Stanley Investment Management introduces a program for minority and woman-owned asset managers
Northern Trust
Northern Trust to offer environmental analytics for clients
M&A, Partnerships and Organic Growth
ABN Amro
ABN Amro and Deutsche Bank sign share purchase agreement
ANZ
ANZ acquires ING wealth management in Australia and New Zealand
ANZ completes acquisition of RBS in 6 Asian markets, and opens its tenth branch in Vietnam
Banco Populare
Banco Populare signed agreement for the sale of Banco Popular Ceska Republika
BBVA
BBVA increases its stake in China Citic Bank to 15%
Citi
Citi opens branch in Chongqing China
Hang Seng
Hang Seng Bank expands its network by opening its branch in Guangzhou
Intesa Sanpaolo
Banca Monte dei Paschi di Siena sells 50 branches to the Intesa Sanpaolo Group
KBC
KBC Bank acquires outstanding 49.54% stake in ?SOB Slovakia to take complete ownership
Staffing
Barclays
Barclays Wealth appoints Duncan Gourlay as a private banker
Barclays Wealth appoints Roland Kitson as a new director in Wealth Intermediaries
Barclays Wealth Intermediaries appoints a new relationship manager
Barclays Wealth appoints Richard Comeau as investment representative
Bessemer Trust
Bessemer Trust announces the appointment of managing director and senior resident officer
BNY Mellon
BNY Mellon appoints Frank Froud and Hani Kablawi as heads of client management for US and Europe
Deutsche Bank
Deutsche Bank Private Wealth Management appoints managing director and head of global investment solutions
Julius Baer
Julius Baer announces the appointment of new CEO Dubai
Northern Trust
Northern Trust appoints David Blowers to head wealth management across Midwest
Sal. Oppenheim
Sal. Oppenheim announces new appointments as focus shifts to private banking
Standard Chartered
Standard Chartered appoints group head of wealth management
Standard Chartered private bank hires Diego Y. Polenghi as head of sales
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 small rise in the total developments in December
Figure 2: December activity was balanced between M&A and staffing
Figure 3: Asia, Europe and the US were the regions/countries with the most activity in December
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 December
There were some notable developments within the wealth management industry during December
ANZ acquires ING wealth management in Australia and New Zealand, and RBS in Taiwan, Singapore, Indonesia and Hong Kong
Barclays Wealth makes several key appointments
In December, wealth management strategic initiatives picked up
There were a total of 25 competitor developments in December
M&A and staffing activity were both high in the wealth market in December
Competitor activity was balanced across Europe, Asia and the US
Product Innovation and Customer Targeting
Bank of New York Mellon
BNY Mellon provides analytics to clients through Portsmouth Financial Systems
DBS
DBS China launches gold fund linked structured investment products
Morgan Stanley
Morgan Stanley Investment Management introduces a program for minority and woman-owned asset managers
Northern Trust
Northern Trust to offer environmental analytics for clients
M&A, Partnerships and Organic Growth
ABN Amro
ABN Amro and Deutsche Bank sign share purchase agreement
ANZ
ANZ acquires ING wealth management in Australia and New Zealand
ANZ completes acquisition of RBS in 6 Asian markets, and opens its tenth branch in Vietnam
Banco Populare
Banco Populare signed agreement for the sale of Banco Popular Ceska Republika
BBVA
BBVA increases its stake in China Citic Bank to 15%
Citi
Citi opens branch in Chongqing China
Hang Seng
Hang Seng Bank expands its network by opening its branch in Guangzhou
Intesa Sanpaolo
Banca Monte dei Paschi di Siena sells 50 branches to the Intesa Sanpaolo Group
KBC
KBC Bank acquires outstanding 49.54% stake in ?SOB Slovakia to take complete ownership
Staffing
Barclays
Barclays Wealth appoints Duncan Gourlay as a private banker
Barclays Wealth appoints Roland Kitson as a new director in Wealth Intermediaries
Barclays Wealth Intermediaries appoints a new relationship manager
Barclays Wealth appoints Richard Comeau as investment representative
Bessemer Trust
Bessemer Trust announces the appointment of managing director and senior resident officer
BNY Mellon
BNY Mellon appoints Frank Froud and Hani Kablawi as heads of client management for US and Europe
Deutsche Bank
Deutsche Bank Private Wealth Management appoints managing director and head of global investment solutions
Julius Baer
Julius Baer announces the appointment of new CEO Dubai
Northern Trust
Northern Trust appoints David Blowers to head wealth management across Midwest
Sal. Oppenheim
Sal. Oppenheim announces new appointments as focus shifts to private banking
Standard Chartered
Standard Chartered appoints group head of wealth management
Standard Chartered private bank hires Diego Y. Polenghi as head of sales
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 small rise in the total developments in December
Figure 2: December activity was balanced between M&A and staffing
Figure 3: Asia, Europe and the US were the regions/countries with the most activity in December
