Wealth Management Competitor Tracker: January 2008

Table of Contents

• Overview
  • Catalyst
  • Summary
• Table of Contents
• The Roundup
  • Mergers and acquisitions, 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
  • Bank of New York Mellon
    • UK: BNY Mellon Wealth Management appoints Rupert Phelps to London Family Office role (Staffing) - January 2008
  • Barclays
    • UK: Barclays Wealth makes private banker appointment in UK (Staffing) - January 2008
  • Bessemer Trust (whole business)
    • US: Bessemer Trust appoint new senior staff to its Boston office (Staffing) - January 2008
  • BNP Paribas
    • Hong Kong: BNP Paribas appoints Asia (Ex-Japan) CEO (Staffing) - January 2008
    • UK: BNP Paribas names head of European equity derivatives flow sales (Staffing) - January 2008
  • Citigroup
    • US: Citibank opens new wealth management financial center in Boston (Organic growth) - January 2008
  • Commerzbank
    • Nigeria: Commerzbank opens wealth management representative office in Lagos (Organic growth) - January 2008
  • Credit Suisse
    • India: Credit Suisse granted Portfolio Management Scheme License in India (Organic Growth) - January 2008
    • Switzerland: Credit Suisse promote a new regional head for Fribourg office (Staffing) - January 2008
  • Deutsche Bank
    • US: Deutsche Bank announces private bank hires for the US Private Bank on the west coast (Staffing) - January 2008
    • US: Deutsche Bank names new head of advisory solutions for the New York office (Staffing) - January 2008
    • US: Deutsche Bank adds staff in US West Coast operation (Staffing) - January 2008
  • KBC
    • France: KBC forms agreement to acquire Paris-based Richelieu Finance (M&A) - January 2008
  • Merrill Lynch
    • Russia: Merrill Lynch opens new office in Moscow (Organic growth) - January 2008
  • Morgan Stanley
    • Spain: Morgan Stanley to sell Spanish wealth management business to La Caixa to focus on UHNW segment (Divestment) - January 2008
    • EXTRA COMPANIES
    • UK: Standard Life Enters Discretionary Investment Management Market (Organic growth) - January 2008
• Product innovation and customer targeting: the developments
  • Citigroup
    • UK: Citibank targets expatriates by expanding its fund manager offering (Customer Targeting) - January 2008
  • Julius Baer
    • Switzerland: Julius Baer opens a branch in Verbier to target holidaying clients (Customer targeting) - January 2008
  • RBC Financial Group
    • Global/Canada: RBC Asset Management launches RBC O' Shaughnessy US Growth Fund II (Product innovation) - January 2008
  • Wachovia
    • US: Wachovia Wealth Management targets attorneys in California (Customer targeting) - January 2008
  • Westpac
    • Australia: Westpac targets less affluent customers with financial planning services (Customer targeting) - January 2008
• APPENDIX
  • Methodology
  • Index of strategies by company
    • Bank of New York Mellon
    • Barclays
    • Bessemer Trust
    • BNP Paribas
    • Citigroup
    • Commerzbank
    • Credit Suisse
    • Deutsche Bank
    • Julius Baer
    • KBC
    • Merrill Lynch
    • Morgan Stanley
    • RBC Financial Group
    • Wachovia
    • Westpac
  • Index of strategies by geography
    • Western Europe
      • France
      • Spain
      • UK
    • Central and Eastern Europe
      • Russia
    • North America
      • US
    • Africa
    • Asia
      • Australia
      • India
  • Index of strategies by trend
    • M&A
    • Organic Growth
    • Product innovation
    • Customer targeting
    • Staffing
  • Further reading
  • Ask the analyst
  • Datamonitor consulting
  • Disclaimer