Abstract
Overview
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
- View the analysis of wealth management M&A activity and other trends over
the quarter.
- Track the strategies announced by 50+ of your key competitors
- Assess which geographies and strategic areas are seeing the most activity
Table of Contents
- Overview
- Table of Contents
- The Roundup
- M&A, partnerships, organic growth and staffing
- M&A activity supported expansionary aims, mainly inthe US and
Asia-Pacific markets
- Wealth appointments continued to be concentrated in the USmarket, with
limited activity noted in European and emerging markets
- Product innovation and customer targeting
- Product innovation was driven by capital protectedinvestments and
indices
- Wealth managers in Europe and the US focused on specificwealthy
customer segments
- M&A, Partnerships, organic growth and staffing: Thedevelopments
- ANZ
- Australia: ANZ opens private banking branch in Canberra(Organic
Growth) - March 2008
- Banca del Gottardo
- Switzerland: Banca del Gottardo acquired by BSI (M&A)- March 2008
- Bank of America
- US: Bank of America announes leadership changes in premierbanking annd
investments (Staffing) - March 2008
- Barclays
- Russia: Barclays to acquire Russian bank Expobank(M&A) - March 2008
- Bessemer Trust (whole business)
- US: Bessemer Trust appoints head of Latin American andinternational
business development (Staffing) - March 2008
- Citigroup
- China: Citibank China opens new Beijing headquarters(Organic Growth) -
March 2008
- DBS
- India: DBS expands operations in India (Organic Growth) -March 2008
- Vietnam: DBS receives approval for Vietnam office (OrganicGrowth) -
March 2008
- Deutsche Bank
- China: Deutsche Bank increases equity stake in Hua XiaBank (M&A) -
March 2008
- US: Deutsche Bank names managing director and clientadvisor in Boston
(Staffing) - March 2008
- HSBC
- China: HSBC China launches private banking business(Organic Growth) -
March 2008
- Taiwan: HSBC completes acquisition of the Chinese Bank inTaiwan
(M&A) - March 2008
- Vietnam: HSBC one of the first to incorporate in Vietnam
(OrganciGrowth) - March 2008
- UK: HSBC Private Bank appoints new chief executive(Staffing) - March
2008
- JPMorgan Chase
- US: JPMorgan Chase purchases Bear Stearns (M&A) -March 2008
- Mellon Financial Corp.
- US: The Bank of New York Mellon to sell Mellon BusinessBank and focus
more on wealth management (Divestment) - March 2008
- US: The Bank of New York Mellon to add wealth managementpositions in
Pittsburgh (Staffing) - March 2008
- Northern Trust
- US: Northern trust appoints president of globalinvestments (Staffing)
- March 2008
- PNC
- US: PNC completes conversion of Yardville National Bank(M&A) -
March 2008
- US: PNC completes the sale of Hillards Lyons (Divestment)- March 2008
- RBC Financial Group
- US: RBC Dain Rauscher to become RBC Wealth Management(Re-branding) -
March 2008
- SEB
- India: SEB opens representative office in New Delhi, India(Organic
Growth) - March 2008
- Standard Chartered
- Vietnam: Standard Chartered receives approval toincorporate in Vietnam
(Organic Growth) - March 2008
- UBS
- US: UBS opens private wealth management office in Houston,Texas
(Organic Growth) - March 2008
- Switzerland: UBS makes staff proposal to Board ofDirectors (Staffing)
- March 2008
- Product innovation and customer targeting: thedevelopments
- Citigroup
- India: Citibank launches Citigold Select for high networth clients
(Customer targeting) - March 2008
- Deutsche Bank
- Hong Kong: Deutsche Bank targets entrepreneurs andbusiness leaders
through the hire of six senior Hong Kong private bankers(Customer
targeting) - March 2008
- RBC Financial Group
- Canada: Royal Bank of Canada launches Canada' s first VisaInfinite card
(Product innovation) - March 2008
- Sarasin
- Switzerland : Sarasin introduces Sustainable WaterFund (Product
innovation) - March 2008
- Société Générale
- France : Société Générale launches SGI-orbeoCarbon Credit Index
(Product innovation) - March 2008
- St George
- Australia: St George increases deposit rates for Pensioneraccount
(Customer targeting) - March 2008
- UBS
- Switzerland: UBS launches CMCI Food Index (Productinnovation) - March
2008
- Vontobel
- Switzerland: Vontobel launches Exchange Traded StructuredFunds with
conditional or full capital protection (Product innovation) -March 2008
- Other companies:
- Legal & General
- UK: Legal & General launches international index trust(Product
innovation) - March 2008
- APPENDIX
- Methodology
- Index of strategies by company
- ANZ
- Banca del Gottardo
- Bank of America
- Bank of New York Mellon
- Barclays
- Bessemer Trust
- BNP Paribas
- Citigroup
- Commerzbank
- Credit Suisse
- DBS
- Deutsche Bank
- HSBC
- JP Morgan Chase
- Julius Baer
- KBC
- Merrill Lynch
- Morgan Stanley
- Northern Trust
- PNC
- RBC Financial Group
- Sarasin
- Schroders
- SEB
- Sociét・ G駭駻ale
- St George
- Standard Chartered
- UBS
- Unicredit
- Vontobel
- Wachovia
- Westpac
- Index of strategies by geography
- Western Europe
- France
- Germany
- Spain
- UK
- Russia
- North America
- US
- Africa
- Middle East
- Asia
- Australia
- India
- China
- Index of strategies by trend
- M&A
- Partnerships
- Organic Growth
- Staffing
- Product innovation
- Property investment
- Ethical investments
- Exchange traded funds
- Customer targeting
- Entrepreneurs
- Mass Affluent
- Further reading
- Ask the analyst
- Datamonitor consulting
- Disclaimer
金融/保険
その他のカテゴリ
FAQ