2023 Highlights Digital Consumer Bank Europe
2023 Highlights
Wealth Management & Insurance
'We want to become the best Wealth and Insurance
Manager in Europe and the Americas'
Strategic priorities
Total assets under management
460
Total fees generated as % of the Group's total fees²
31%
Santander
■
Private Banking
ROTE
72.2%
Continue building our global platform leveraging the connectivity of our teams
Keep developing a more sophisticated value proposition
■ Nurture our PB segments, with a global service supporting cross-border clients
in Private Wealth
EUROMONEY
AWARDS FOR EXCELLENCE
LATIN
AMERICA
BEST BANK FOR
WEALTH
MANAGEMENT
2013
EUROMONEY
GLOBAL PRIVATE
BANKING AWARDS
2023
Underlying attributable profit (€ mn)
1,467
Total contribution to Group's profit (€ mn)
3,129
Santander
Continue to be the preferred funds partner for our retail network
■ Become a relevant player in the Alternatives businesses
PUM The Banker
GLOBAL PRIVATE
BANKING AWARDS
2023
WINNER
Best Pre Bank in Spain
PUM The Banker
GLOBAL PRIVATE
BANKING AWARDS
2023
WINNER
Best Private BarkinMed
Asset Management
■
Grow in the Institutional and Private Banking segments
Contribution to Group's profit
+15% YoY
مية
EOE
Private banking clients (k)
260
Private banking net new money (€ bn)
13.7
Santander Asset Management - net sales (€ bn)
9.0
Insurance - Gross written premiums
+12% YoY
222
Santander
Santander
Insurance
■ Enable digital investment platforms in all countries
■ Work to be the preferred insurance provider for our customers
■ Focus on improving customer lifetime value and user experience through
innovative programmes
Leverage data analytics to deliver better service to our customers
Our ESG commitment: reach €100bn Socially Responsible Investments (SRI) AuMs by 2025
GLOBAL
Private
Banking
INNOVATION
AWARDS 2029
PAN-FINANCE
AWARD WINNER 2023
Santander Asset.
Management
XXXIV
Premios
Fondos
Expansión allfunds
2023
Note: new global business definitions as published on 20 December 2023. YoY changes in constant euros.
(1) Total assets marketed and/or managed. Private Banking + SAM excluding AuM of Private Banking customers managed by SAM.
(2) Includes all fees generated by asset management and insurance businesses, even those ceded to the commercial network.
More information at https://www.santander.com/en/about-us/where-we-are/wealth-management-insurance
23View entire presentation