[Report] Wealth Management Competitor Tracker Market Research, Trends, Analysis TOC

Overview
- Catalyst
- Summary
Table of Contents
- M&A, partnerships, organic growth and staffing
  - M&A
  - Partnerships
  - Organic Growth
  - Staffing
  - Product innovation
  - Property investment
M&A, Partnerships, organic growth and staffing: The developments
- ANZ
  - Asia: ANZ announces expansion plans for Asia private banking business (Organic growth) - February 2008
- Barclays
  - India: Barclays Wealth appoints head of Investment & Production in India (Staffing) - February 2008
- Citigroup
  - US: Citi Global Wealth Management to acquire Legg Mason' s trading and technology platforms (M&A) - February 2008
  - Singapore: Citibank opens Citigold Select Center in Paragon, Singapore (Organic growth) - February 2008
  - UK: Citibank opens new CitiGold branch at St Paul' s (Organic growth) - February 2008
  - US: Citibank opens two wealth management offices in Boston (Organic growth) - February 2008
  - Hong Kong: Citibank announces new branches in Kowloon Bay and Tai Po, Hong Kong (Organic growth) - February 2008
  - Vietnam: Citi and CapitaLand sign MoU on Vietnam real estate-based investment fund (Partnership) - February 2008
- Credit Suisse
  - US: Credit Suisse Private Banking opens branch in Northbrook, Illinois (Organic growth) - February 2008
  - Europe: Credit Suisse hire European CEO (Staffing) - February 2008
- DBS
  - Taiwan: DBS acquires Bowa Bank assets including 43 distribution outlets in Taiwan (M&A) - February 2008
  - Asia: DBS appoints new CEO (Staffing) - February 2008
- Deutsche Bank
  - US: Deutsche Bank expands staff in its Dallas and Boston offices (Staffing) - February 2008
- Hang Seng
  - Hong Kong: Hang Seng announces new head of Investment and Insurance (Staffing) - February 2008
- Mellon Financial Corp.
  - US: The Bank of New York Mellon to add wealth management positions (Staffing) - February 2008
- Merrill Lynch
  - US: Merrill Lynch hires president of US banking operations (Staffing) - February 2008
- Morgan Stanley
  - Asia: Morgan Stanley appoints CEO for its Asia business (Staffing) - February 2008
- Northern Trust
  - Asia: Northern Trust makes appointments to its Asia-Pacific team (Staffing) - February 2008
- RBC Financial Group
  - India: RBC opens representative office in Mumbai (Organic growth) - February 2008
  - US: RBC to acquire Ferris, Baker Watts, Incorporated to expand its US wealth management business (M&A) - February 2008
- Sarasin
  - Germany: Bank Sarasin expands its market presence in Germany (Organic growth) - February 2008
  - Qatar: Bank Sarasin expands its market presence in the Middle East (Organic growth) - February 2008
  - Switzerland: Bank Sarasin and AIG Private Bank name joint venture bank (Partnership) - February 2008
- Schroders
  - Singapore: Schroders acquires private client advisory unit from Commonwealth Bank of Australia (M&A) - February 2008
- Sociéte Générale
  - Russia: Sociéte Générale finalizes acquisition of majority stake in Rosbank (M&A) - February 2008
- Standard Chartered
  - US: Standard Chartered completes acquisition of American Express Bank (M&A) - February 2008
Product innovation and customer targeting: the developments
- Mellon Financial Corp.
  - US: BNY Mellon wealth management launches Internet platform: Private Workbench (Product innovation) - February 2008
  - OTHER COMPANIES
- Henderson Global Investors
  - UK: Henderson targets high net worth individuals with launch of its Pan-European fund (Customer targeting) - February 2008
- Friends Provident
  - UK: Friends Provident adds feature to wealth solutions bond (Product innovation) - February 2008
APPENDIX
- Methodology
- Index of strategies by company
  - ANZ
    - Asia: ANZ announces expansion plans for Asia private banking business (Organic growth) - February 2008
  - Bank of New York Mellon
    - UK: BNY Mellon Wealth Management appoints Rupert Phelps to London Family Office role (Staffing) - January 2008
    - US: BNY Mellon wealth management launches Internet platform: Private Workbench (Product innovation) - February 2008
  - Barclays
    - UK: Barclays Wealth makes private banker appointment in UK (Staffing) - January 2008
    - India: Barclays Wealth appoints head of Investment & Production in India (Staffing) - February 2008
  - Bessemer Trust
    - 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
    - UK: Citibank targets expatriates by expanding its fund manager offering (Customer Targeting) - January 2008
    - US: Citi Global Wealth Management to acquire Legg Mason' s trading and technology platforms (M&A) - February 2008
    - Singapore: Citibank opens Citigold Select Center in Paragon, Singapore (Organic growth) - February 2008
    - UK: Citibank opens new CitiGold branch at St Paul' s (Organic growth) - February 2008
    - US: Citibank opens two wealth management offices in Boston (Organic growth) - February 2008
    - Hong Kong: Citibank announces new branches in Kowloon Bay and Tai Po, Hong Kong (Organic growth) - February 2008
    - Vietnam: Citi and CapitaLand sign MoU on Vietnam real estate-based investment fund (Partnership) - February 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
    - US: Credit Suisse Private Banking opens branch in Northbrook, Illinois (Organic growth) - February 2008
    - Europe: Credit Suisse hire European CEO (Staffing) - February 2008
  - DBS
    - Taiwan: DBS acquires Bowa Bank assets including 43 distribution outlets in Taiwan (M&A) - February 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
    - US: Deutsche Bank expands staff in its Dallas and Boston offices (Staffing) - February 2008
  - Julius Baer
    - Switzerland: Julius Baer opens a branch in Verbier to target holidaying clients (Customer targeting) - 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
  - Northern Trust
    - Asia: Northern Trust makes appointments to its Asia-Pacific team (Staffing) - February 2008
  - RBC Financial Group
    - Global/Canada: RBC Asset Management launches RBC O' Shaughnessy US Growth Fund II (Product innovation) - January 2008
    - India: RBC opens representative office in Mumbai (Organic growth) - February 2008
    - US: RBC to acquire Ferris, Baker Watts, Incorporated to expand its US wealth management business (M&A) - February 2008
  - Sarasin
    - Germany: Bank Sarasin expands its market presence in Germany (Organic growth) - February 2008
    - Qatar: Bank Sarasin expands its market presence in the Middle East (Organic growth) - February 2008
    - Switzerland: Bank Sarasin and AIG Private Bank name joint venture bank (Partnership) - February 2008
  - Schroders
    - Singapore: Schroders acquires private client advisory unit from Commonwealth Bank of Australia (M&A) - February 2008
  - Sociéte Générale
    - Russia: Sociéte Générale finalizes acquisition of majority stake in Rosbank (M&A) - February 2008
  - Standard Chartered
    - US: Standard Chartered completes acquisition of American Express Bank (M&A) - February 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
- Index of strategies by geography
  - Western Europe
    - Switzerland: Credit Suisse promote a new regional head for Fribourg office (Staffing) - January 2008
    - Switzerland: Julius Baer opens a branch in Verbier to target holidaying clients (Customer targeting) - January 2008
    - Switzerland: Bank Sarasin and AIG Private Bank name joint venture bank (Partnership) - February 2008
  - France
    - France: KBC forms agreement to acquire Paris-based Richelieu Finance (M&A) - January 2008
  - Germany
    - Germany: Bank Sarasin expands its market presence in Germany (Organic growth) - February 2008
  - Spain
    - Spain: Morgan Stanley to sell Spanish wealth management business to La Caixa to focus on UHNW segment (Divestment) - January 2008
  - UK
    - UK: BNY Mellon Wealth Management appoints Rupert Phelps to London Family Office role (Staffing) - January 2008
    - UK: Barclays Wealth makes private banker appointment in UK (Staffing) - January 2008
    - UK: BNP Paribas names head of European equity derivatives flow sales (Staffing) - January 2008
    - UK: Standard Life Enters Discretionary Investment Management Market (Organic growth) - January 2008
    - UK: Citibank targets expatriates by expanding its fund manager offering (Customer Targeting) - January 2008
    - UK: Citibank opens new CitiGold branch at St Paul' s (Organic growth) - February 2008
  - Russia
    - Russia: Merrill Lynch opens new office in Moscow (Organic growth) - January 2008
    - Russia: Sociéte Générale finalizes acquisition of majority stake in Rosbank (M&A) - February 2008
  - North America
    - Global/Canada: RBC Asset Management launches RBC O' Shaughnessy US Growth Fund II (Product innovation) - January 2008
  - US
    - US: Bessemer Trust appoint new senior staff to its Boston office (Staffing) - January 2008
    - US: Citibank opens new wealth management financial center in Boston (Organic growth) - January 2008
    - 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
    - US: Wachovia Wealth Management targets attorneys in California (Customer targeting) - January 2008
    - US: Citi Global Wealth Management to acquire Legg Mason' s trading and technology platforms (M&A) - February 2008
    - US: Citibank opens two wealth management offices in Boston (Organic growth) - February 2008
    - US: Credit Suisse Private Banking opens branch in Northbrook, Illinois (Organic growth) - February 2008
    - US: Deutsche Bank expands staff in its Dallas and Boston offices (Staffing) - February 2008
    - US: The Bank of New York Mellon to add wealth management positions (Staffing) - February 2008
    - US: RBC to acquire Ferris, Baker Watts, Incorporated to expand its US wealth management business (M&A) - February 2008
    - US: Standard Chartered completes acquisition of American Express Bank (M&A) - February 2008
    - US: BNY Mellon wealth management launches Internet platform: Private Workbench (Product innovation) - February 2008
  - Africa
    - Nigeria: Commerzbank opens wealth management representative office in Lagos (Organic growth) - January 2008
  - Middle East
    - Qatar: Bank Sarasin expands its market presence in the Middle East (Organic growth) - February 2008
  - Asia
    - Hong Kong: BNP Paribas appoints Asia (Ex-Japan) CEO (Staffing) - January 2008
    - Asia: ANZ announces expansion plans for Asia private banking business (Organic growth) - February 2008
    - Singapore: Citibank opens Citigold Select Center in Paragon, Singapore (Organic growth) - February 2008
    - Hong Kong: Citibank announces new branches in Kowloon Bay and Tai Po, Hong Kong (Organic growth) - February 2008
    - Vietnam: Citi and CapitaLand sign MoU on Vietnam real estate-based investment fund (Partnership) - February 2008
    - Taiwan: DBS acquires Bowa Bank assets including 43 distribution outlets in Taiwan (M&A) - February 2008
    - Asia: Northern Trust makes appointments to its Asia-Pacific team (Staffing) - February 2008
    - Singapore: Schroders acquires private client advisory unit from Commonwealth Bank of Australia (M&A) - February 2008
  - Australia
    - Australia: Westpac targets less affluent customers with financial planning services (Customer targeting) - January 2008
  - India
    - India: Credit Suisse granted Portfolio Management Scheme License in India (Organic Growth) - January 2008
    - India: Barclays Wealth appoints head of Investment & Production in India (Staffing) - February 2008
    - India: RBC opens representative office in Mumbai (Organic growth) - February 2008
- Index of strategies by trend
  - M&A
    - France: KBC forms agreement to acquire Paris-based Richelieu Finance (M&A) - January 2008
    - Spain: Morgan Stanley to sell Spanish wealth management business to La Caixa to focus on UHNW segment (Divestment) - January 2008
    - US: Citi Global Wealth Management to acquire Legg Mason' s trading and technology platforms (M&A) - February 2008
    - Taiwan: DBS acquires Bowa Bank assets including 43 distribution outlets in Taiwan (M&A) - February 2008
    - US: RBC to acquire Ferris, Baker Watts, Incorporated to expand its US wealth management business (M&A) - February 2008
    - Singapore: Schroders acquires private client advisory unit from Commonwealth Bank of Australia (M&A) - February 2008
    - Russia: Société Générale finalizes acquisition of majority stake in Rosbank (M&A) - February 2008
    - US: Standard Chartered completes acquisition of American Express Bank (M&A) - February 2008
  - Partnerships
    - Switzerland: Bank Sarasin and AIG Private Bank name joint venture bank (Partnership) - February 2008
  - Organic Growth
    - UK: Standard Life Enters Discretionary Investment Management Market (Organic growth) - January 2008
    - UK: Standard Life Enters Discretionary Investment Management Market (Organic growth) - January 2008
    - Russia: Merrill Lynch opens new office in Moscow (Organic growth) - January 2008
    - US: Citibank opens new wealth management financial center in Boston (Organic growth) - January 2008
    - Nigeria: Commerzbank opens wealth management representative office in Lagos (Organic growth) - January 2008
    - India: Credit Suisse granted Portfolio Management Scheme License in India (Organic Growth) - January 2008
    - Asia: ANZ announces expansion plans for Asia private banking business (Organic growth) - February 2008
    - Singapore: Citibank opens Citigold Select Center in Paragon, Singapore (Organic growth) - February 2008
    - UK: Citibank opens new CitiGold branch at St Paul' s (Organic growth) - February 2008
    - US: Citibank opens two wealth management offices in Boston (Organic growth) - February 2008
    - Hong Kong: Citibank announces new branches in Kowloon Bay and Tai Po, Hong Kong (Organic growth) - February 2008
    - US: Credit Suisse Private Banking opens branch in Northbrook, Illinois (Organic growth) - February 2008
    - India: RBC opens representative office in Mumbai (Organic growth) - February 2008
    - Germany: Bank Sarasin expands its market presence in Germany (Organic growth) - February 2008
    - Qatar: Bank Sarasin expands its market presence in the Middle East (Organic growth) - February 2008
  - Staffing
    - Switzerland: Credit Suisse promote a new regional head for Fribourg office (Staffing) - January 2008
    - UK: BNY Mellon Wealth Management appoints Rupert Phelps to London Family Office role (Staffing) - January 2008
    - UK: Barclays Wealth makes private banker appointment in UK (Staffing) - January 2008
    - UK: BNP Paribas names head of European equity derivatives flow sales (Staffing) - January 2008
    - US: Bessemer Trust appoint new senior staff to its Boston office (Staffing) - January 2008
    - 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
    - Hong Kong: BNP Paribas appoints Asia (Ex-Japan) CEO (Staffing) - January 2008
    - India: Barclays Wealth appoints head of Investment & Production in India (Staffing) - February 2008
    - US: Deutsche Bank expands staff in its Dallas and Boston offices (Staffing) - February 2008
    - US: The Bank of New York Mellon to add wealth management positions (Staffing) - February 2008
    - Asia: Northern Trust makes appointments to its Asia-Pacific team (Staffing) - February 2008
  - Product innovation
    - Global/Canada: RBC Asset Management launches RBC O' Shaughnessy US Growth Fund II (Product innovation) - January 2008
    - US: BNY Mellon wealth management launches Internet platform: Private Workbench (Product innovation) - February 2008
  - Property investment
    - Vietnam: Citi and CapitaLand sign MoU on Vietnam real estate-based investment fund (Partnership) - February 2008
    - Customer targeting
    - Switzerland: Julius Baer opens a branch in Verbier to target holidaying clients (Customer targeting) - January 2008
    - UK: Citibank targets expatriates by expanding its fund manager offering (Customer Targeting) - January 2008
    - US: Wachovia Wealth Management targets attorneys in California (Customer targeting) - January 2008
    - Australia: Westpac targets mass affluent customers with financial planning services (Customer targeting) - January 2008
- Further reading
- Ask the analyst
- Datamonitor consulting
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Wealth Management Competitor Tracker, February 2008

Table of Contents