Super League In-Depth Analysis: HSBC Private Bank 2017 – Tracking the world’s major competitors in wealth management

2017-08-16
Price :
Published : Aug-2017
No. of Pages : 29

Super League In-Depth Analysis: HSBC Private Bank 2017 – Tracking the world’s major competitors in wealth management

Summary

“Super League In-Depth Analysis: HSBC Private Bank 2017″, is a comprehensive analysis of HSBC’s private bank operations. It offers insight into the company’s strategy, financial results, marketing activities, customer targeting, and product innovation.

Headquartered in London, HSBC Holdings is a global universal bank. HSBC Private Bank is a brand used by its Global Private Banking division that caters to individuals with more than $5m (or local currency equivalent) in assets. Some wealth management operations are also run within HSBC’s Retail Banking and Wealth Management business.

The report includes –
- Insight into HSBC Private Bank’s growth strategy.
- Overview of the firm’s organizational structure.
- Clear presentation of its geographical coverage and expansion strategy.
- Analysis of the firm’s financial performance, including comparison with other global wealth managers.
- Examination of key target client groups.
- Analysis of HSBC Private Bank’s product and service proposition and how it is unique compared to those of its competitors.
- Review of HSBC Private Bank’s marketing and social media activities.

Scope

- HSBC Private Bank aims to be the private bank of choice for wealthy clients already banking with HSBC divisions, particularly entrepreneurs and family business owners.
- HSBC is withdrawing from non-core markets, focusing on selected hubs in Europe and Asia Pacific.
- In light of regulatory scrutiny and cost inefficiencies, HSBC Private Bank is dedicated to reducing staff numbers and operations in key markets.
- HSBC Private Bank’s assets under management (AUM) decreased for the fourth consecutive year in 2016, reflecting the company’s divestment activities. Net new money dropped into the red, down from £1bn in 2015.

Reasons to buy

- Examine the financial performance and key ratios for HSBC Private Bank and benchmark this competitor against other global wealth managers.
- Explore HSBC Private Bank’s geographical positioning and growth strategy.
- Understand HSBC Private Bank’s client targeting strategies and examine whether these have been successful.
- Learn more about HSBC Private Bank’s marketing strategy, social media presence, and digital innovations.

Filed in: Banking & Finance, Wealth Management
Publisher : GlobalData
More Reports
Title Price Buy Now

The Global Wealth Market in 2017

The Global Wealth Market in 2017 Summary Global wealth market is on a continuous growth path. Worldwide liquid onshore assets will exceed $100tn by the end of 2017. However, the market is not homogenous: rates and reasons for growth differ between affluent segments, the level of economic development in any given nation, and local conditions. This means that understanding not just the actual size of a market, but also all of the above factors is crucial for wealth managers expanding to new countries and developing client targeting strategies. At the end of 2016, worldwide liquid assets held onshore by affluent individuals (those with assets exceeding $50,000) totaled $92.4tn. 2017 will see 5.4% growth, adding another $5.3tn to the global affluent wealth market. Although combined, t......
$5250

UK Travel Insurance: Market Dynamics & Opportunities 2017

UK Travel Insurance: Market Dynamics & Opportunities 2017 Summary In 2016, the UK travel insurance market experienced a decrease of 18% in the number of policies being written, which resulted in GWP dropping 9%. Profitability within the market has remained low despite a slight increase in travel insurance premiums, as the number of UK residents visiting abroad without travel insurance increases. With the overwhelming majority of visits abroad by UK residents being to Europe and the number of visits to this region increasing in 2016, the downturn in policy uptake by UK travelers could be explained by reliance upon the European Health Insurance Card (EHIC) system. Cost of claims for travel insurers increased in 2016 to £368.5m, despite the total number of claims falling almost 3% a......
$3450

UK SME Insurance: Market Dynamics and Opportunities 2017

UK SME Insurance: Market Dynamics and Opportunities 2017 Summary After recording a growth every year since 2012, the United Kingdom SME insurance market suffered a sharp decline in 2016. The market was worth £6.4bn in GWP in 2016, down 9.0% year-on-year. This was caused by tough economic conditions and an uncertainty surrounding the Brexit, which led to increased liquidations, reduced growth in the number of businesses open, and SMEs spending less on insurance. Declines in the number of businesses and insurance spend for companies with between five and nine employees has been particularly damaging. The number of companies in this size category fell by 4.1%, which is considerable as there are a large number of them and they have a high insurance penetration rate. Total SME insuran......
$3450

Offshore Investment: Booking Center Preferences 2017

Offshore Investment: Booking Center Preferences 2017 Summary Offshore investment market is growing once again, reassuring all banks and wealth managers serving this lucrative, if challenging segment that the Common Reporting Standard (CRS) and recent scandals have not put it into a terminal decline. However, the shape of post-CRS world is likely to be very different than what it was before: more concentrated, institutionally oriented, and with slower growth. Key findings include in this report - - Growth will slow in the retail non-resident sector as the CRS inclines more investors to book onshore, and obtain their geographic diversification via other means. Amongst the largest international financial centers (IFCs), those with the largest portion of institutional AUM such as Lux......
$5250

UK Employers’ Liability Insurance: Market Dynamics and Opportunities 2017

UK Employers' Liability Insurance: Market Dynamics and Opportunities 2017 Summary An unexpected extent of the changes to the Ogden rate has shaken the employers' liability (EL) market. Premium rate rises have been forced on a sector characterized by over-capacity and high levels of competition. In spite of the recent rate increases, underlying market dynamics persists, and the sector faces a period of continued turbulence, due to uncertainties over key pieces of legislation and the performance of the economy. Key findings include in this report - - UK EL market gross written premium (GWP) contracted by 7.4% in 2016. - Insurers have responded to the 2017 discount rate change with significant reserve strengthening and premium rate rises, which has led to estimates of more robust G......
$3450

Super League In-Depth Analysis: J.P. Morgan Private Bank 2017 – Tracking the world’s major competitors in wealth management

Super League In-Depth Analysis: J.P. Morgan Private Bank 2017 - Tracking the world's major competitors in wealth management Summary "Super League In-Depth Analysis: J.P. Morgan Private Bank 2017", is a comprehensive analysis of J.P. Morgan Private Bank's wealth management operations. It offers insight into the company's strategy, financial results, and marketing activities. It also covers recent merger and acquisition (M&A) activity, customer targeting, and product innovation. JPMorgan Chase & Co. is a US-based financial services company and the parent holding company of both J.P. Morgan and Chase. J.P. Morgan Private Bank is a brand used by its Asset & Wealth Management (AWM) business segment to cater to individuals and institutions with more than $10m in investible assets. Sp......
$1295

Super League In-Depth Analysis: RBC Wealth Management 2017 – Tracking the world’s major competitors in wealth management

Super League In-Depth Analysis: RBC Wealth Management 2017 - Tracking the world's major competitors in wealth management Summary "Super League In-Depth Analysis: RBC Wealth Management 2017", competitor profile is a comprehensive analysis of RBC's wealth management operations. It offers insight into the company's strategy, financial results, and marketing activities. It also covers recent merger and acquisition (M&A) activity, customer targeting, and product innovation. Headquartered in Toronto, Canada, RBC Wealth Management is one of the five main business segments of RBC. RBC Wealth Management has five divisions, including the company's Global Asset Management unit. RBC Wealth Management has 1,800 investment advisors in Canada and 1,800 financial advisors in the US. It operates 1......
$1295

UK SME Adoption of Employee Benefits 2017

UK SME Adoption of Employee Benefits 2017 Summary "UK SME Adoption of Employee Benefits 2017", report highlights the opportunities in offering employee benefits by sizing the number of SMEs in the UK. It discusses the penetration of employee benefits among SMEs and factors affecting this, such as pension auto-enrolment. It explores how employee benefits are purchased, which are the top insurers, and the importance of offering benefits in attracting and retaining employees. The report explores the provision of 10 employee benefits among UK SMEs across pensions, protection insurance, and healthcare benefits, which include private company pensions, pension contributions into a NEST government auto-enrolment scheme, life insurance, critical illness insurance, income protection insuran......
$7500

Payments in Malaysia 2017: What Consumers Want?

Payments in Malaysia 2017: What Consumers Want? Summary Malaysian payments market remains cash-reliant, but has high growth potential as it moves towards digital payments. As the government and banks started to provide basic financial and banking services by expanding banking infrastructure, launching new branches, promoting agent banking networks, and making efforts to change consumer payment habits, payment cards gradually became more accepted. The growth of POS terminal penetration, the complete migration to EMV standards with contactless functionality, and significant recent developments in the e-commerce environment have all contributed to the ongoing digital transformation of this market. To increase debit card usage, the government introduced a regulation to cap interchange......
$3450

Payments Landscape in Taiwan: Opportunities and Risks to 2021

Payments Landscape in Taiwan: Opportunities and Risks to 2021 Summary GlobalData's "Payments Landscape in Taiwan: Opportunities and Risks to 2021", report provides detailed analysis of market trends in the Taiwanese cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, payment cards, cash, direct debits, and cheques during the review-period (2013-17e). The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2017e-21f). It also offers information on the country's competitive landscape, including the market sh......
$2750