Global Retail Banking Competitor Tracker - June 2011

Introduction

Datamonitor's Retail Banking Competitor Tracker is a monthly product providing updates on key events relating to major players in retail banking across the globe. Covering major developments such as M&A activity, market entries and withdrawals, partnerships, product innovation, and customer targeting, the Retail Banking Competitor Tracker provides succinct summaries of key stories

Features and benefits

* Provides a definitive source of information on all your competitors' key strategies.
* Offers insight into how the competitive landscape is evolving through M&A activities, partnerships and organic growth.
* Detailed insight into new product developments within retail banking.

Highlights

Australasian banks announce assistance packages for customers affected by natural disasters in the region.
Merger talks between RHB and two other Malaysian banks - CIMB and Maybank - fall through.
Yet again, June saw a slew of further announcements, launches of, and upgrades to, mobile banking applications and mobile-optimized online banking websites.

Your key questions answered

* How can I keep up to date on new product developments, mergers and acquisitions, distribution and partnerships?
* Where can I get insight on how the major retail banks are adapting to the ever-changing economic climate?
[Studien Infos ausblenden]

OVERVIEW
Catalyst
Summary
Methodology
INTRODUCTION
This tracker provides both one-month and 12-month views of developments
Each month Datamonitor tracks the most relevant announcements from 100 competitors
Datamonitor’s Retail Banking Team provides analysis of the key developments every month
A fully searchable database of the past two years of developments is also delivered alongside the report
Highlights this month
RHB attempts (and fails) to secure a merger partner
CIMB launches a youth banking program
Still more mobile banking stories
Several Australian banks announce the introduction of assistance packages for customers affected by recent natural disasters
PRODUCTS, SERVICES, AND INNOVATION
ANZ
Australia: ANZ announces the introduction of assistance packages for customers affected by the New South Wales floods
Banco Bradesco
Brazil: Bradesco and Samsung develop a banking app for connected TVs
Brazil: Bradesco evaluates biometric technology for online banking
Bank of China
Japan: Tokyo branch issues its first home mortgage loan
China: Bank of China's mobile banking system is comprehensively upgraded
Barclays
UK: Barclays introduces a flexible savings bond
UK: Barclays extends its "Great Escape" remortgage product to 85% loan-to-value
BBVA
Spain: BBVA launches its first application for the iPhone
BNP Paribas
France: BNP Paribas supports Neighbours' Day
BPCE
France: Caisse d'Epargne launches its first banking application on the iPad
Cheltenham & Gloucester
UK: Cheltenham & Gloucester launches a new three-year Step Bond
CIMB
Malaysia: CIMB Bank Launches CIMB YOUth
Citibank
Malaysia: Citibank opens a "smart banking" branch in Malaysia
Co-operative Bank
UK: Co-operative Bank introduces Trusteer Rapport to improve security for online banking customers
UK: Co-operative Bank launches a new account for Chelsea fans
First direct
UK: first direct revamps the structure of its mortgage range
First National Bank of South Africa
South Africa: FNB sees mobile banking growth in Africa
HSBC Bank Australia
Australia: HSBC launches a renminbi product range in Australia
Australia: HSBC introduces a day-to-day account in Australia
Kiwibank
New Zealand: Kiwibank launches a new mortgage facility
New Zealand: Kiwibank announces a special home loan package for Christchurch
National Australia Bank
Australia: NAB launches a new mobile-friendly website
Australia: NAB introduces a relief package for customers affected by the New South Wales floods
Nationwide
UK: Nationwide announces a new addition to its savings range
UK: The Mortgage Works reduces its mortgage rates and introduces new products
NatWest
UK: NatWest updates its iPhone app
Northern Rock
UK: Northern Rock adds a savings video guide to its website
PKO Bank Polski
Poland: PKO Bank Polski upgrades its iPKO mobile banking facility
Santander
UK: Santander adds new deals and cuts its mortgage rates
Sberbank
Russia: Sberbank's online tax payment service goes live
SNS
Netherlands: SNS Bank launches a current account with in-credit interest
Standard Bank of South Africa
South Africa: Standard Bank Group introduces an Australian dollar account
Standard Chartered
Hong Kong: Standard Chartered introduces service pledges
Hong Kong: Standard Chartered equips its Personal Financial Consultants with tablet computers
St.George Bank
Australia: St. George offers help to storm and flood victims in New South Wales
Australia: St.George Bank launches new mobile banking apps
Tesco Bank
UK: Tesco Bank announces a schedule for the launch of banking services
Westpac
Australia: Westpac customers to receive new RSA security tokens
Australia: Westpac provides Disaster Relief Packages following the floods and storms in New South Wales
Yorkshire Building Society
UK: Yorkshire Building Society introduces a 90% LTV Drop Lock mortgage
M&A, PARTNERSHIPS, AND ORGANIC GROWTH
Allied Irish Bank
Ireland: Allied Irish Bank sells its half-share in Bulgarian American Credit Bank for just €100,000
Banco do Brasil
Brazil: Banco do Brasil and Banco BIC Angola express their interest in buying Banco Português de Negócios
Banco Sabadell
Spain: Banco Guipuzcoano to be renamed Sabadell Guipuzcoano
Bank of East Asia
China: Bank of East Asia opens a branch in Harbin, Heilongjiang Province, China
Hong Kong: Bank of East Asia opens branches in Shun Tak Centre, Hong Kong
Bank of Singapore
Singapore: Bank of Singapore opens a new private banking client center
CIMB
Malaysia: CIMB Group ceases negotiations with RHB
Citibank
China: Citibank opens a hi-tech branch in Changsha, China
India: Citigroup reduces its stake in Housing Development Finance Corporation to 9.9%
Russia: Citibank acquires part of HSBC's retail operations
DnB NOR
Poland: DnB NOR considers selling its Polish operations and increasing its exposure to the Baltic states
First National Bank of South Africa
South Africa: FNB rolls out its 100th low-cost banking branch
ICBC
Pakistan: ICBC Karachi and Islamabad branches officially open to business
Intesa Sanpaolo
Italy: Intesa Sanpaolo sells its remaining 25% stake in Findomestic to BNP Paribas
Maybank
Malaysia: Maybank and POS Malaysia to extend banking services to 26 post offices in Sabah
Malaysia: Maybank is no longer pursuing a merger with RHB
National Australia Bank
Australia: NAB receives a license to open its first Chinese branch in Shanghai
Nordea
Sweden: Swedish government delays the sale of its remaining stake in Nordea
Pohjola Bank
Estonia: Pohjola Bank opens a branch in Estonia and plans further openings in Latvia and Lithuania
Sberbank
Russia: China Investment Corporation considers buying a stake in Sberbank
Standard Bank of South Africa
South Africa: Standard Bank Group on track to boost South Africans' lending
State Bank of India
India: State Bank of India to open an Australian subsidiary within a year
India: SBI set to launch operations in Jeddah
APPENDIX
Ask the analyst
Datamonitor consulting
Disclaimer
[Inhaltsverzeichnis ausblenden]