Retail Banking Competitor Tracker - February 2010

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.

Scope

*Information on new product developments, mergers and acquisitions, distribution and partnerships.

*Insight on how the major retail banks are adapting to the ever changing economic climate.

Highlights

Citibank expands in Asia.

BNP Paribas - there's an app for that.

Banamex and Accival establish Mexico's first virtual bank.

Reasons to Purchase

*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.


Report Highlights
Citibank expands in Asia.

BNP Paribas - there's an app for that.

Banamex and Accival establish Mexico's first virtual bank.
[Studien Infos ausblenden]

Overview 1
Catalyst 1
Summary 1
Methodology 1
Table of Contents 2
Introduction 3
This tracker provides both one-month and 12-month views of developments 3
Each month Datamonitor tracks the most relevant announcements from 100 competitors 3
Datamonitor's Retail Banking Team provides analysis of the key developments at both the one-month and 12-month level 4
A fully searchable database of the past two years of developments is also delivered alongside the report 4
Key Trends and Developments in February 5
Citibank expands in Asia 5
BNP Paribas launches an augmented reality iPhone application 5
Banamex and Accival establish Mexico's first virtual bank 5
February saw an equal number of product innovation and M&A-related stories 6
Detailed analysis of the news shows that new initiatives and services stories increased in February 7
Products, Services and Innovation 8
Akbank 8
Turkey: Akbank offers vehicle loans at lower cost to its salary account customers 8
Alliance & Leicester 8
UK: Alliance & Leicester offers a £100 cash gift for those switching to its Premier current account 8
Banco BPI 8
Portugal: Banco BPI changes the layout of its website 8
Portugal: BPI provides 2009 tax returns in digital format 8
Portugal: BPI establishes a fund to help the population of Madeira 8
Bank of Ireland 9
Ireland: Bank of Ireland will not renew its sponsorship contract with Padraig Harrington 9
Bank of Brazil 9
Brazil: Bank of Brazil is to provide financing to students for higher education 9
BBVA 9
Spain: BBVA entices football fans by providing free insurance 9
BNP Paribas 9
France: BNP Paribas launches an iPhone application 9
Citibank 10
Mexico: Accival and Banamex open first virtual bank in Mexico 10
Deutsche Bank 10
Germany: SAP to provide core banking system to Deutsche 10
La Caixa 10
Spain: La Caixa launches new mobile banking service in partnership with Telefónica 10
Nationwide Building Society 11
UK: New product range launched by the Mortgage Works 11
RBS 11
UK: Natwest and RBS offer some respite to residential mortgage customers 11
St.George Bank 12
Australia: St.George to provide big bank services and small bank experience 12
Australia: St.George Bank offers its customers eStatements as an environmental initiative 12
United Overseas Bank 12
Singapore: United Overseas Bank to provide interest-free educational loans to Vietnamese undergraduates 12
M&A, Partnerships and Organic Growth 14
ABN AMRO 14
The Netherlands: ABN Amro demerged to create ABN Amro Bank NV and Royal Bank of Scotland NV 14
ANZ 14
Australia: ANZ officially makes clear its intentions to establish a branch in Chongqing 14
BBVA 14
US: Guaranty branches successfully rebranded by BBVA Compass 14
Bank of Brazil 15
Brazil: Bank of Brazil sponsors crocodile carnival 15
Brazil: Bank of Brazil extends its air tickets financing offer until February 28, 2010 15
Citibank 15
Hong Kong: Citi opens six new branches in Hong Kong 15
Singapore: Citi bank to open at least four branches and 50 ATMs by the end of 2010 15
Thailand: Citi Advance strengthens relationship with the Mall Group 16
Crédit Agricole 16
France: Crédit Agricole announces commencement of negotiations with BBVA 16
Intesa Sanpaolo 16
France: Crédit Agricole and Intesa Sanpaolo enter into an agreement 16
KBC 16
US: KBC to focus on retail and private banking business 16
Millennium BCP 17
Portugal: Banco Comercial Português to retain 5% stake in Millennium Bank Turkey 17
Rabobank 17
US: Rabobank set to acquire Napa Community Bank 17
Raiffeisen Zentralbank Österreich 17
Austria: Raiffeisen Zentralbank Österreich and Raiffeisen to consider merger as strategic option 17
State Bank of India 17
Indonesia: State Bank of India looks at acquiring options 17
Société Générale 18
Russia: Société Générale to combine its Russian subsidiaries with Rosbank 18
Appendix 19
Methodology 19
Further reading 19
Ask the analyst 19
Datamonitor consulting 19
Disclaimer 19
List of Tables
Table 1: The 100 companies and subsidiaries covered by Datamonitor's Retail Banking Competitor Tracker 3
List of Figures
Figure 1: Story activity increased in February on all fronts 6
Figure 2: New initiatives and services led the growth in stories in February 7

[Inhaltsverzeichnis ausblenden]