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

Allica Bank applies for Swedish banking licence as it targets European expansion

The move follows Allica's $155 million Series D funding round in February, which valued the bank at almost $1.2 billion.

NatWest revives US expansion plans after UK ringfencing rule changes – report

Recently, the lender received approval from the US Federal Reserve to open a representative office in Connecticut.

NatWest partners Enterprise Nation to back small businesses

By partnering NatWest it aims to grow the community to 250,000 members, tapping into NatWest Accelerator's 12 physical hubs, mentoring, guidance on funding, and digital app.

UK credit card repayments weaken as balances grow in June: FICO

Over the same period, the average active balance increased 1.4% to £1,975 ($2,693), the highest level in the series and 4.7% above June 2025.

Nationwide launches free credit score widget

Users will also be able to see what factors influence their score, making it easier to understand what this means and how it can affect key financial decisions.

Monte dei Paschi board approves dual exchange offers for Banco Bpm and Banca Generali

The decision came on Thursday, at the end of an extraordinary board meeting.

Jefferies prefers ABN Amro over ING

The U.S. broker lifts its EPS estimates by around 5% for the group and continues to see value in ABN Amro shares, supported by the transition to a less capital-intensive business model, solid execution in Dutch retail banking, and the delivery of synergie

Santander repurchases 20 million shares in buyback program

The purchases were made at weighted average prices ranging from €12.8441 to €12.9676 per share.

Metro Bank profit jumps as it bucks branch closure trend

The FTSE 250 bank recorded a £60.7m pre-tax profit, up 41 per cent from the same period last year.

Lloyds pledges £45bn of new SME lending under Accelerate 2030

Net interest income, the difference between what the bank charged borrowers and what it paid savers, rose 9 per cent to £7.3 billion, lifting total net income by 9 per cent to £9.7 billion.

Banco Sabadell realigns its structure to accelerate transformation, simplify management and strengthen execution of its business plan

The composition of the Management Committee remains unchanged, preserving governance stability while supporting this new phase of transformation.

Barclays Expects Earnings and Central Bank Decisions to Set the Market Tone

While strong second-quarter earnings have continued to underpin investor confidence, the bank warned that rising oil prices, higher bond yields and renewed inflation concerns are creating a less supportive environment for risk assets.

Recognise Bank achieves milestone year with record lending and £8.9m profit

The bank’s loan book grew by over 50% over the year

Barclays supports the development of commercial fusion power in the UK

Fusion is a complementary technology alongside nuclear fission, including gigawatt-scale, small modular reactors and next-generation reactor technologies.

EBRD providing financing of up to US$ 15 million to Bank Eskhata

Both loans will be supported by technical cooperation funds, which will help Bank Eskhata to build capacity and improve its marketing practices.

Why Ulster Bank won’t have further bank branch closures until at least 2029

Pledge reflects UB’s belief that branches continue to have an important role to play alongside digital banking

Santander UK pledges not to shut further bank branches

These cuts came less than a year after the business reduced its UK branch network by nearly a quarter, shutting 95 branches and putting 750 jobs at risk.

WFW advises lenders on £231m financing for Fidra Energy’s West Burton C BESS project

The project is being developed by Fidra Energy (“Fidra”), the Edinburgh-headquartered battery storage platform backed by leading global energy investor EIG and the National Wealth Fund.

Germany prepares terms for Commerzbank bid talks – report

The Italian bank wants direct contact with German government and is ready to offer concessions and respond to Berlin’s concerns.

Santander customers told to check banking app as service axed

Instead, customers wanting to check how much they've paid in fees will have to log into Santander's online or mobile banking services.

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