Banking industry service providers for financial markets participants
Comments
Content
Types of Service Providers and their targets
Providers
Presence
Loca
l
Service
Range of
products
Personalize
d
Narrow
Target
Globa
l
Standardize
d
Wide
Universal/Commercial
Banks
X
X
X
Merchant/Investment
banks
X
X
X
Trust Banks
o
Category I
Traditional Private Banks
Global Clientele
X
X
X
X
o
Financial boutiques
X
o
Ateliers
X
X
Independent Asset
Managers
X
X
o
Intermediaries
X
X
X
Category II
o
X
HNWI's &
UHNWI's
Category III
X and o defines a different strength of the item: X means strongly related to the item; o weak relation to the
o
X item
X
The picture that evolves, therefore, is that private banking (or wealth management) industry is rather
Life
Insuranceand
Companies
X
X
X
X
fragmented
is subject to intense
competition.