UOB Private Banking : Company Profile and SWOT Analysis

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					UOB Private Banking


UOB Private Banking                                                          Key Employees
                                                                             Name                        Job Title
Fast Facts
                                                                                                         Head - HNWI Banking,
                                     80 Raffles Place UOB Plaza 1, #07-01,   Goh Cheng Ean
Headquarters Address                                                                                     Malaysia
                                     Singapore, 048624,Singapore
                                                                                                         Head - Group Personal
                                                                             Khoo Boo Jin Eddie
Telephone                            + 65 68816888                                                       Financial Services
                                                                                                         Chief Financial Officer,
Fax                                  N/A                                     Lee Wai Fai                 Head - Group Finance and
                                                                                                         Corporate Services
Website                              www.uob.com.sg/private/index.html                                   Head - Portfolio
                                                                             Mok Chek Pfam
Ticker Symbol, Stock Exchange        N/A                                                                 Head - Global Markets and
                                                                             Ong Sea Eng Terence
                                                                                                         Investment Management
Number of Employees                  N/A                                                                 Chairperson - Board of
                                                                             Wee Cho Yaw
Fiscal Year End                      December                                                            Chief Executive Officer,
                                                                             Wee Ee Cheong
                                                                                                         Deputy Chairperson
Revenue (in US$ million)             N/A

                                                                             Company Overview

                                                                             UOB Private Banking is the private banking and
                                                                             wealth management arm of United Overseas
SWOT Analysis                                                                Bank (UOB), which is based in Singapore. The
                                                                             company offers a range of private banking and
Strengths                            Weaknesses                              wealth management services to high-net-worth
                                                                             individuals (HNWIs have a net worth of US$1
Broad range of service offerings     Fee-based business model                million or more, excluding their primary
                                                                             residence) and wealthy families. The company’s
Focus on wealth management                                                   private banking services are classified as private
operations                                                                   banking, wealth banking, privilege banking and
Growing assets under management                                              privilege reserve services. Its private banking
                                                                             and wealth services include financial planning,
                                                                             investment management, investment services
Opportunities                        Threats
                                                                             and advisory trust and fiduciary planning, and
Expansion of private banking and     Ambiguous pricing practices in the      lending facilities, among others. UOB Private
wealth management services           wealth management industry              Banking provides privilege reserve services to
                                                                             clients with minimum investable assets worth
Growing wealth in the BRICS region   Exposure to toxic assets                SGD2 million or more and private banking
                                                                             services to clients with minimum investable
Positive outlook for the financial
                                     Fluctuations in market interest rates   assets worth SGD5 million or more. UOB
planning services segment
                                                                             Private Banking had SGD56 billion in assets
                                                                             under management as on December 31, 2011.
                                                                             The company had historical AuM figures of
Description: "This SWOT analysis and company profile is a crucial resource for industry executives and anyone looking to gain a better understanding of the company's business. WealthInsight's 'UOB Private Banking : Company Profile and SWOT Analysis' report utilizes a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format. WealthInsight strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report."
PARTNER WealthInsight
WealthInsight provides detailed data and insightful analysis on the global wealth sector. With decades of experience providing business information, we help organizations in the wealth industry make informed decisions, position themselves more effectively and uncover and capitalize on opportunities to win new business. At the core of WealthInsight is our proprietary HNWI database of the world’s wealthiest individuals. Your business can utilize this database to identify which wealthy individuals to reach out to. You can use our reports and briefings to analyze where the greatest opportunities lie.