Industry Analysis & Industry Trends
The Private Banking Services industry performed well over the five years to 2014, weathering the recession as the rich got richer. Growth is expected to continue in the five years to 2019 as more consumers attain wealth. Operators will need to refocus on high-net-worth consumers as that market expands.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Private Banking Services industry comprises a large number of mid-sized companies, with the average establishment employing 12 people. As a result of the large amount of participants in this industry, market share concentration is low, with the top four companies accounting for less than 40.0% of total industry revenue. While there are large players in this industry, no player accounts for more than 10.5% of revenue. The industry is highly competitive with both large commercial banks and investment banks competing with smaller private banks for business, further leading to a low market share concentration for the industry.
In the past five years, mergers and acquisitions in the financial sector have increased the size of the private banking divisions in larger institutions... purchase to read more