Investec Private Bank (South Africa) : Company Profile and SWOT Analysis by WealthInsightReports


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									Investec Private Bank (South Africa)


Investec Private Bank (South Africa)                                              Key Employees
                                                                                  Name                       Job Title
Fast Facts
                                                                                                             Head - (Regional)-
                                       100 Grayston Drive, Sandton,               Andy Leith                 Specialist Banking,
Headquarters Address
                                       Johannesburg, 2196,South Africa
                                                                                                             Investec Limited
Telephone                               + 27 11 2867000                                                      Managing Director -
                                                                                                             Investec Limited and
Fax                                     + 27 11 2867777                           Bernard Kantor             Investec plc, Head -
                                                                                                             (Global) - Specialist
                                                                                                             Banking, Investec Group
                                                                                                             Head - (Global) -
                                                                                  Glynn Burger               Specialist Banking,
Ticker Symbol, Stock Exchange          N/A
                                                                                                             Investec Group
                                                                                                             Chief Executive Officer -
Number of Employees                    N/A                                        Hendrik du Toit            Investec Asset
Fiscal Year End                        December                                                              Chief Executive Officer -
                                                                                  Henry Blumenthal
                                                                                                             Investec Limited
Revenue (in US$ million)               N/A                                                                   Director - Investec Limited
                                                                                                             and Investec Plc, Head -
                                                                                  Stephen Koseff
                                                                                                             (Global) - Specialist
                                                                                                             Banking, Investec Group
                                                                                                             Head - (Global)-Wealth
                                                                                  Steve Elliott              and Investment, Investec
SWOT Analysis                                                                                                Group

Strengths                              Weaknesses                                 Company Overview
Comprehensive service offerings        Fee-based business model
                                                                                  Investec Private Bank (South Africa) (IPBSA) is
                                                                                  the private banking and wealth management
Established presence in South Africa
                                                                                  arm of Invested Limited (IL), a subsidiary of
                                                                                  Investec Group (Investec) in South Africa.
Strong network of the parent company                                              Investec is a leading bank and asset manager
                                                                                  that offers a range of financial services in the
Opportunities                          Threats                                    UK, South Africa, Australia, and other European
                                                                                  countries. IPBSA offers a wide range of private
Growing wealth industry in South Africa Increase in compliance costs              banking and wealth management services to
                                                                                  high-net-worth individuals (HNWIs have a net
Impact of Basel III on the Wealth      Stiff competition in the private banking   worth of US$1 million or more, excluding their
Management Industry                    market                                     primary residence), corporate clients and
                                       Turbulence in the global market
                                                                                  wealthy families. Key service offerings of the
                                                                                  company include asset management advisory
                                                                                  serivces, wealth and investment management,
                                                                                  and private banking services. It has a presence
                                                                                  in Johannesburg, Cape Town, Durban, East
                                                                                  London, Knysna, Nelspruit, Pietermaritzburg,
                                                                                  Pretoria, Port Elizabeth, and Winelands. IPBSA
                                                                                  is headquartered in Johannesburg, South Africa.

                                                                                  Key Competitors
                                                                                  Absa Group Limited (Ticker: ASA)

                                                                                  Capital Alliance Holdings Limited

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