Retail Banking Competitor Tracker - October 2009

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

Competition is beginning to return to UK mortgages.

Citibank maintains its focus on China despite its need to restructure.

Postbank's new iPostbank application sees mobile banking gain momentum in Germany.

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

[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 22 months of developments is also delivered alongside the report 4
Key Trends and Developments in October 5
Competition is beginning to return to UK mortgages 5
Citibank maintains its focus on China despite its need to restructure 5
NAB is abolishing fees on certain accounts 6
Postbank's new iPostbank application sees mobile banking gain momentum in Germany 6
Competitor activity fell in October 7
Product and service innovation stories became more dominant in October 7
M&A, new product and new service stories made up the majority of stories in October 8
Product, Services and Innovation 10
Abbey 10
UK: Abbey unveils mortgages with no upfront costs 10
UK: Abbey lowers fixed rates and introduces new tracker rate mortgage 10
Banque Populaire 11
France: Banque Populaire offers solutions for young working people 11
Citibank 11
US: Citibank launches Citi Mobile en Espanol 11
Thailand: Citibank expands range of tailored financial solutions for mid- and high-income customers 11
Clydesdale Bank 12
UK: Clydesdale Bank offers new £20 bank notes 12
Commonwealth Bank of Australia (CBA) 12
Australia: Commonwealth Bank enhances its NetBank customer service 12
Crédit Agricole 13
France: LCL offers 100% online banking through e.LCL 13
HBOS 13
UK: Halifax introduces daily overdraft charging structure 13
HSBC Bank 14
UK: First direct launches fee free remortgage offset trackers 14
National Australia Bank (NAB) 15
Australia: NAB waives bank fees on customers accounts 15
Nationwide Building Society 15
UK: Nationwide offers range of mortgage deals 15
Nedbank 17
South Africa: Nedbank relaxes lending criteria for home loans 17
South Africa: Nedbank offers salary protection scheme 17
Postbank 18
Germany: Postbank offers iPostbank to locate ATMs, branches and cash service stations 18
Standard Chartered 18
Singapore: Standard Chartered offers dream home service at a property showroom 18
M&A, Partnerships and Organic Growth 19
ABN AMRO 19
UK: ABN Amro Group splits into ABN Amro Bank and The Royal Bank of Scotland 19
Australia and New Zealand Banking Group (ANZ) 19
China: ANZ opens rural bank in China 19
Citibank 19
China: Citi launches Dalian Wafangdian Citi Lending in China 19
Japan: Citi sells NikkoCiti Trust and Banking to Nomura Trust & Banking 20
US: Citi concludes the sale of Norwegian consumer finance business to Gjensidige Bank 20
Deutsche Bank 20
Netherlands: Deutsche Bank agrees to acquire ABN Amro's Netherlands business 20
Industrial and Commercial Bank of China (ICBC) 21
Thailand: ICBC buys ACL Bank Public Company from Bangkok Bank 21
State Bank of India (SBI) 21
India: SBI plans more acquisition in Indonesia 21
Société Générale 21
France: Société Générale announces the acquisition of a 20% stake in Crédit du Nord 21
Appendix 22
Methodology 22
Further reading 22
Ask the analyst 22
Datamonitor consulting 22
Disclaimer 22
List of Tables
Table 1: The 100 companies and subsidiaries covered by Datamonitor's Retail Banking Competitor Tracker 3
List of Figures
Figure 1: M&A stories fell in October more significantly than product innovation and customer targeting events 8
Figure 2: New products and services, and M&A activity, dominated this month's news stories 9

[Inhaltsverzeichnis ausblenden]

List of Tables
Table 1: The 100 companies and subsidiaries covered by Datamonitor's Retail Banking Competitor Tracker 3

List of Figures
Figure 1: M&A stories fell in October more significantly than product innovation and customer targeting events 8
Figure 2: New products and services, and M&A activity, dominated this month's news stories 9
[Tabellenverzeichnis ausblenden]