Wealth Management Competitor Tracker, June 2009

Published by: Datamonitor

Published: Jul. 30, 2009 - 19 Pages

Table of Contents

Overview

Catalyst

Summary

Methodology

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 57 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 June

There were a few notable developments within the wealth management industry during June

Citi and Morgan Stanley launch Morgan Stanley Smith Barney joint venture

Sarasin Group launches its operation in India as Sarasin-Alpen (India)

In June, activity in the wealth management market declined

There were a total of 18 competitor developments in June

Staffing changes have accounted for the largest share of wealth developments since January 2009

Wealth management activity was evenly split between the major financial regions in June

Product innovation and customer targeting

Credit Suisse

Credit Suisse increases its offerings to clients in Qatar

M&A, Partnerships and Organic Growth

ABN AMRO

ABN AMRO and RBS announce partner bank agreement for international transaction banking

Citi

Citi and Morgan Stanley launch Morgan Stanley Smith Barney joint venture

Julius Baer

Julius Baer announces the opening of Brig branch in Switzerland

Sarasin

Sarasin Group launches its operation in India as Sarasin-Alpen (India)

Sarasin launches a new office in Berne

Staffing

Barclays

Barclays Wealth announces additional appointments to the Isle of Man board

Barclays Wealth appoints new global chief risk officer

Bessemer Trust

Bessemer Trust appoints David McNeel as the central US region head

Bessemer Trust appoints Mark Lipson as head of the western US region

Credit Suisse

Tee Fong Seng appointed vice chairman of Private Banking Asia Pacific at Credit Suisse

Credit Suisse expands wealth management team in India

Deutsche Bank

Deutsche Bank Private Wealth Management hires four members

HSBC

HSBC Private Bank appoints new global head of private wealth solutions

Morgan Stanley

Morgan Stanley Private Wealth Management hires team to expand coverage of Latin American markets

Wayne Chrebet joins Morgan Stanley's as a financial advisor

Société Générale

Olivier Lecler appointed COO of Global Investment Management and Services

UBS

UBS appoints Chi-Won Yoon as chairman and CEO of Asia Pacific

Appendix

Methodology

Further reading

Ask the analyst

Datamonitor consulting

Disclaimer

List of Tables

Table 1: The 57 companies covered by Datamonitor's Wealth Management Competitor Tracker

List of Figures

Figure 1: Activity in the wealth management industry was below the average in June

Figure 2: Staffing continued to account for the majority of developments for the month

Figure 3: Wealth management activity was evenly distributed between the major global regions

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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