- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

European banks show signs of recovery

Strengthening economy and cost-cutting lift UniCredit, SocGen and Commerzbank

Banks asked to be ready for hard Brexit

A transition period could provide time for banks to adjust to new rules of trade.

ECB lowers emergency funding cap for Greek banks to 19.8 bln euros

Greek banks have relied on emergency liquidity assistance(ELA) since February 2015 after being cut off from the ECB’s funding window.

Women have same investment knowledge as men but lack confidence - HSBC

Also find financial jargon more off-putting

The Solvency II Review: What happens next?

Conference on "The review of Solvency II” organised by the National Bank of Belgium

Cyprus announces 3-year investment strategy

There has been an impressive recovery of the Cypriot economy

Warning Credit Suisse and Nomura could face mis-selling claims on short volatility funds

Access to non-sophisticated investors

European asset management hits new records in 2017

BlackRock was the most popular European asset manager last year, bringing in €62.7bn of assets. Net inflows were €16.5bn.

BNP Paribas profit hit by lower revenue

This low level is due in particular to the good control of risk at loan origination, the low interest rate environment and the continued improvement in Italy thanks to the repositioning on better corporate clients.

Former Deutsche Bank CEO Ackermann defends his history

While admitting that he too had "made mistakes", the former CEO expressed his view that these were "comparatively very limited."

People more likely to 'trust John Lewis than financial advisers'

Annuities least trusted product

No silver spoon for children of many wealthy parents, survey finds

The survey was carried out among parents aged over 50 with assets of more than £250,000 including pensions but excluding any additional property wealth they may also have.

Guernsey funds stats reflect private equity boom

Recent enquiries would suggest that 2018 will see considerable interest from managers dealing with Brexit issues and other managers looking to put down roots in Guernsey.

No more Mr. Nice Guy by Tim Price

They followed up with arguably an even more damning statistic about the comparative weakness of European profitability.

'My heart is in the Highlands', Robert Burns

There is so much division in society at the moment and a constant rush to judgment. It’s almost as if people are waiting to find fault.

‘Dog’ investments are hiding in the undergrowth of soaring markets warns Bestinvest

The fund saw a change of master last summer with a new fund manager handed the lead, so it remains to be seen whether they can bring the unruly fund to heel.

New-build luxury London homes could have higher discounts than existing properties - Coutts

The latest edition of the Coutts London Prime Property Index (CLPPI), published today, analyses the market for London residential property worth between £1m and £10m for Q4 2017, focusing on 15 parts of the capital.

A Worryingly ‘Exceptional’ Week by Gary Dugan

Investor panic is the greatest risk these markets.

Bosses urged to tackle staff pensions ignorance & people before profit

Employers must do more to educate staff on pensions as UK 18-24 year olds retirement dreams struggle to match reality, with social conscience taking priority over profit, says CISI survey

Half of professional athletes fail to seek financial advice

The research found that 48% of athletes have not thought about planning their finances

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