Wealth Management Competitor Tracker, June 2009

Publication Date	July 2009
Publisher	Datamonitor
Product Type	Report
Pages	19
ISBN Number	not applicable
Product Code	DAT13301

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Summary

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

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

Content

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
Soci?(C)t?(C) G?(C)n?(C)rale
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
Table 1: The 57 companies covered by Datamonitor's Wealth Management Competitor Tracker
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