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Global Private Banking and Wealth Management - The New Realities D Maude

Global Private Banking and Wealth Management - The  New Realities By D Maude

Global Private Banking and Wealth Management - The New Realities by D Maude


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Summary

Wealth management is one of the areas in which banks and other personal financial services players are investing heavily. But the market is changing fast. Going forward, players therefore need to adapt their strategies to the new realities: what worked in the past will not, for the most part, be appropriate in the future.

Global Private Banking and Wealth Management - The New Realities Summary

Global Private Banking and Wealth Management - The New Realities by D Maude

Wealth management is one of the areas in which banks and other personal financial services players are investing heavily. But the market is changing fast. Going forward, players therefore need to adapt their strategies to the new realities: what worked in the past will not, for the most part, be appropriate in the future. This unique book, written by a former McKinsey consultant, offers an up-to-date, detailed, practical understanding of this exciting area of financial services.

About D Maude

DAVID MAUDE is an independent consultant. A former consultant at McKinsey & Company, he serves financial institutions around the world, advising on their key strategic, organisational and operational issues. He has also worked in strategy for Barclays, and spent six years as a senior economist at the Bank of England and HM Treasury. He co-authored the pioneering Euromoney book, Private Banking: Maximising Performance in a Competitive Market, published in 1996. He may be contacted at [email protected].

Table of Contents

Preface. Acknowledgements. 1. Global Market Overview. 1.1 The wealth management market. 1.2 Key drivers. 1.3 Industry economics. 1.4 Competitive landscape. 2. Industry Challenges: New and Old. 2.1 Clients. 2.2 Products, pricing and channels. 2.3 Competitors and business models. 2.4 External environment. 3. Clients. 3.1 Key characteristics. 3.2 Client segmentation. 3.3 Client value management. 4. New Products and Pricing. 4.1 New products and services. 4.2 Product sourcing and management. 4.3 Pricing. 5. Distribution Channels. 5.1 Relationship managers. 5.2 Other traditional channels. 5.3 New and emerging channels. 5.4 Multichannel management. 6. Players. 6.1 Types of players. 6.2 Business system upheaval. 6.3 Consolidation. 7. Operational Excellence. 7.1 Smart operational sourcing. 7.2 Lean operations. 7.3 Technology transformation. 7.4 Value-added support services. 7.5 Instilling operational excellence. 8. Organisational Design. 8.1 Organisational structure. 8.2 Business unit interfaces. 8.3 International dimension. 9. Regulatory and Tax Issues. 9.1 Money laundering vulnerability. 9.2 Regulatory initiatives. 9.3 Tax initiatives. 10. The Future. 10.1 Introduction. 10.2 Sources of new profitable growth. 10.3 Future industry structure. 10.4 Critical success factors. 10.5 Conclusions. Appendices. Appendix 1: Country wealth market analyses. Appendix 2: FATF 40 recommendations. Appendix 3: FATF special recommendations on terrorist financing. Appendix 4: The Wolfsberg anti-money-laundering principles. Glossary of Terms. Bibliography. Index.

Additional information

GOR011044773
9780470854211
0470854219
Global Private Banking and Wealth Management - The New Realities by D Maude
Used - Like New
Hardback
John Wiley & Sons Inc
20060630
360
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
The book has been read, but looks new. The book cover has no visible wear, and the dust jacket is included if applicable. No missing or damaged pages, no tears, possible very minimal creasing, no underlining or highlighting of text, and no writing in the margins

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