Super League In-Depth Analysis: DBS Wealth Management 2018

Super League In-Depth Analysis: DBS Wealth Management 2018

Summary

DBS Group is a financial services company with a presence in 18 markets. It has four main business segments and offers wealth management services through its Consumer Banking/Wealth Management (CBWM) unit. The wealth business is further divided into three tiered propositions, with a focus on Asia.

This competitor profile provides a comprehensive analysis of DBS's wealth operations. It offers insight into the company’s strategy and financial performance, including key data on assets under management. Customer targeting and service propositions are covered, as are product innovation and marketing activities.

The report also provides -
- Insight into DBS Wealth Management’s growth strategy.
- An overview of the firm’s organizational structure.
- Clear presentation of the company’s geographical coverage and expansion strategy, including M&A activity.
- Analysis of the firm’s financial performance, including comparison with other global wealth managers.
- Examination of key target client groups.
- Analysis of DBS Wealth Management’s product and service proposition and how it is unique compared to those of its competitors.
- A review of DBS’s marketing and social media activities.

Scope

- DBS completed the integration of the recently acquired ANZ wealth and retail business in China, Hong Kong, Indonesia, Singapore, and Taiwan. This significantly strengthened its presence in Asia, positioning it as the leading wealth manager in the region.
- DBS Wealth Management is investing heavily in digital transformation, in line with group strategy. It rolled out several enhancements to its DBS iWealth app in 2017.
- DBS Wealth Management has grown its revenues consistently in recent years. The acquisition of ANZ’s wealth business helped it grow revenues by 25% in 2017.
- DBS Private Bank announced plans to strengthen its presence in the Middle East over the next five years, diversifying its geographic presence.

Reasons to buy

- Examine the financial performance, key ratios, and AUM growth for DBS and its wealth management division, and benchmark this competitor against other global wealth managers.
- Understand DBS Wealth Management’s current strategic objectives and their impact on financial performance.
- Discover DBS Wealth Management’s key products and its client targeting strategies and examine whether these have been successful.
- Learn more about DBS Wealth Management’s marketing strategy, social media presence, and digital innovations.