财富管理企业的动向：2008年3月

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
  • Catalyst
  • Summary
• 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幯廨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