World Market Retail Banking Competitor Monitor - September 2011

• Publication date: November 2012

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, industry entries and withdrawals, partnerships, product innovation, and customer targeting, the Retail Banking Competitor Tracker provides succinct summaries of key stories...

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, industry entries and withdrawals, partnerships, product innovation, and customer targeting, the Retail Banking Competitor Tracker provides succinct summaries of key storiesProvides a definitive source of information on all your competitors' key strategies.Offers insight into how the key competitors is evolving through M&A activities, partnerships and organic growth.Detailed insight into new product developments within retail banking.Independent Commission on Banking market research report heralds a new era in UK bankingFirst National Bank launches a mobile payments service in South Africa, easing payment options for the poor and underbankedRoyal Bank of Scotland cuts ATM access, with a risk of other UK banks following suitHow can I keep up to date on new product developments, mergers and take over s, distribution and partnerships?Where can I get insight on how the major retail banks are adapting to the ever-changing economic climate?

Global Commercial Banking Industry

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 three years of developments is also delivered alongside the report
•Highlights this month
?Independent Commission on Banking: a new era for UK banking
?Royal Bank of Scotland cuts ATM access, with a risk of other UK banks following suit
?First National Bank launches a mobile payments service in South Africa, easing payment options for the poor and underbanked
PRODUCTS, SERVICES, AND INNOVATION
•Allied Irish Bank
?Ireland: bank on the go with AIB Mobile Banking
•Banco Sabadell
?Spain: Banco Sabadell launches the Sterling Champion Deposit for its UK customers
•Barclays
?UK: Barclays launches a national business lending campaign
•Dexia Bank
?Belgium: Dexia launches its New Family Plan, a product and service offer adapted to the modern family set-up
•EFG EUR bank
?Greece: EFG EUR bank provides a four-week event risk timeline for Greece
•First National Bank
?South Africa: First National Bank launches Pay2Cell, a mobile payments solution
•Groupe Caisse d'Epargne
?France: Caisse d'Epargne offers a banking solution for students
•Halifax
?UK: Halifax launches the new Halifax Savers Prize Draw, designed to acknowledge the importance of saving and to reward positive saving habits
•HSBC
?Australia: HSBC targets the Australian refinance industry with Homeloanwork
•Lloyds TSB
?UK: Lloyds TSB launches its enhanced mobile banking service
•NatWest
?UK: NatWest launches the "Ambitions Bus" business advice service
•OCBC
?China: OCBC launches the "PLUS! Lite" branch to provide a personalized service for customers
•Permanent TSB
?Ireland: Permanent TSB launches a EUR 10m loan fund in support of the Better Energy Homes scheme
•Postbank
?Germany: Postbank launches its updated online banking service
•Santander
?UK: Santander extends its Loyal Mover range and cuts fees
•The Co-operative Bank
?UK: The Co-operative Bank transforms its Britannia branches to enable customers to open current accounts and complete everyday activities
•Yorkshire Building Society
?UK: Yorkshire Building Society launches a two-year cash Individual Savings Account
M&A, PARTNERSHIPS, AND ORGANIC GROWTH
•ABN Amro
?Germany: ABN Amro to take over LGT Bank Deutschland
•Akbank
?Turkey: Akbank NV and Akbank AG merge
•AMP Bank
?Australia: AMP launches a distribution center for financial planning in Camberwell
•Banca Monte dei Paschi di Siena
?Italy: Banca Monte dei Paschi di Siena sells Monte Paschi Monaco to Andorra Banc Agricol
•Banca Popolare
?Italy: Banca Popolare agrees the take over of Efibanca
•Bank of New Zealand
?New Zealand: BNZ opens a new store in Christchurch Airport
•BBVA
?Spain: BBVA opens an office in San Francisco to tap Silicon Valley’s latest technology trends
•CIMB
?Malaysia: CIMB Group Holdings takes over SICCO Securities in Thailand
•DBS Group
?China: Nikko Asset Management Group seals its alliance with DBS Bank to become Asia's largest regional asset manager
•EFG EUR bank
?Greece: draft merger agreement approved between Alpha Bank and EFG EUR bank Ergasias SA
•HSBC
?Canada: HSBC Bank Canada agrees to sell the full-service investment advisory business of HSBC Securities (Canada)
•ICICI Bank
?Singapore: ICICI Bank launches its second distribution branch in Singapore
•ING Direct
?Australia: ING Direct broadens its reach with term deposits at Australia Post
•ING Group
?Amsterdam: ING closes the sale of its car lease activities to BMW Group
•Intesa Sanpaolo
?Italy: merger by incorporation of BN Finrete in liquidation into Intesa Sanpaolo
•Sberbank
?Russia: Sberbank announces the signing of a co-operation agreement with Mizuho Corporate Bank and ZAO Mizuho Corporate Bank (Moscow)
•Standard Bank of South Africa
?Nigeria: Standard Bank Group celebrates its 500th African branch outside South Africa
•Standard Chartered
?China: Standard Chartered takes over Gryphon Partners Advisory and Gryphon Partners Canada
•Swedbank
?Ukraine: Swedbank exits its distribution sector in Ukraine
APPENDIX
•Ask the analyst
•Disclaimer

TABLES
•Table: The 100 industry players and subsidiaries covered by Datamonitor’s Retail Banking Competitor Tracker

Companies mentioned
Agricultural Bank of China, ASB Bank Limited, Banco BPI, Banco Espirito Santo, Banco Santander, S.A., Bank of China Limited, Bank of India, Bank of New Zealand, Bankinter, Bayerische Motoren Werke AG (BMW Group), BBVA, CIMB Group Holdings Berhad, Citigroup Inc., Danske Bank, East West Bancorp, Inc., EFG EUR bank Ergasias, ERGO Versicherungsgruppe AG, Fortis, GarantiBank International N.V., HSBC Bank Canada, Hutchison 3G UK Limited, ING GROEP N.V., International Business Machines Corporation, Lloyds Banking Group plc, Monetary Authority of Singapore, National Australia Bank Group Limited, National Bank of Canada, Nationwide Building Society, New Zealand Post, OP-Pohjola Group, Parcelforce Worldwide, Pearson plc, Punjab National Bank, Royal Bank of Scotland Group PLC, Sberbank, Shanks Group plc, Societe Generale, Sumitomo Mitsui Banking Corporation, The Governor and Firms of the Bank of Ireland, UniCredit Group, Wm Morrison Supermarkets Plc, Yorkshire Building Society