Wealth Management Competitor Tracker, May 2008

Published by: Datamonitor

Published: Jul. 4, 2008 - 161 Pages

Table of Contents

Overview

Catalyst

Summary

Table of Contents

The Roundup

M&A, partnerships, organic growth and staffing

M&A

Organic growth

Staffing

Product innovation and customer targeting

Product innovation

Customer targeting

M&A, Partnerships, organic growth and staffing: The developments

ANZ

UAE: ANZ opens representative office in Dubai (Organic Growth)May 2008

Banca del Gottardo

Italy: BSI sells Banca del Gottardo Italia (M&A)May 2008

Bank of America

US: Bank of America expands private wealth management team in Boston (Staffing)May 2008

US: Bank of America announces new private wealth management appointments in Albuquerque (Staffing)May 2008

BBVA

Spain: BBVA signs agreement with Infosys Technologies (Partnership)May 2008

Bessemer Trust

US: Bessemer Trust makes appointment to associate fiduciary counsel (Staffing)May 2008

BNP Paribas

Thailand: BNP Paribas and Thanachart Securities announce wealth management alliance (Partnership)May 2008

Citigroup

UAE: Citi Private Bank launches new office in Abu Dhabi (Organic Growth)May 2008

India: Citibank opens new branch in Maharashtra offering wealth management services (Organic Growth)May 2008

Credit Suisse

India: Credit Suisse opens wealth management business in Mumbai (Organic Growth)May 2008

UK: Credit Suisse launches new private banking office in Birmingham (Organic Growth)May 2008

Deutsche Bank

Hong Kong: Deutsche Bank increases staffing numbers in Hong Kong (Staffing)May 2008

Russia: Deutsche Bank announces key appointments in Russian franchise (Staffing)May 2008

HSBC

India: HSBC to acquire majority share of IL&FS Investsmart in India (M&A)May 2008

UK: HSBC Private Bank opens new Scottish office (Organic Growth)May 2008

JP Morgan Chase

US: Bear Sterns stockholders approve merger with JP Morgan Chase (M&A)May 2008

Macquarie Bank

Australia: Macquarie Group appointments of new managing director and CEO (Staffing)May 2008

OCBC

Singapore: OCBC Private Bank opens its new private bank centre in Singapore (Organic Growth)May 2008

RBC

Canada: RBC completes its acquisition of Phillips, Hager and North (M&A)May 2008

Sal. Oppenheim

Hungary: Sal Oppenheim opens a private banking office in Budapest (Organic Growth)May 2008

Luxemburg: Sal. Oppenheim purchases Mercuria Services' domiciliation business strengthening its family office network (M&A)May 2008

St George

Australia: St George and Westpac announced a proposed merger to create Australia's largest bank (M&A)May 2008

Product innovation and customer targeting: the developments

Barclays

UK: Barclays launch FX trading service for private investors (Targeting Customers)May 2008

Citigroup

Greece: Citibank launches African capital protected equity fund for affluent Greeks (Product Innovation)May 2008

Morgan Stanley

US: Morgan Stanley targets high net worth investors with commodities fund (Customer Targeting)May 2008

APPENDIX

Methodology

Further reading

Ask the analyst

Datamonitor consulting

Disclaimer

Abstract

• Track the strategies announced by 50+ of your key competitors
• Assess which geographies and strategic areas are seeing the most activity

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