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

Bank of America Taps Adviser for Potential London Office Move

The hiring of the adviser is the first step in what would be a multiyear process should BofA decide to relocate.

Atom bank saves high street borrower with five-day mortgage turnaround

The case was brought to Atom bank after a high street lender had failed the broker and client involved over a three month period.

Nykredit Realkredit to acquire Spar Nord Bank for $3.5bn

The mortgage lender has decided to buy shares of Spar Nord Bank for $29.5 each.

Unwelcome in Germany, UniCredit CEO zeroes in on Italy

Its announcement in September prompted backlash from politicians, industry and unions.

Santander urges caution as scammers cheat sports fans out of £240,000 in ticket fraud

Ticket scams happen when a scammer sells a fake ticket for an event to an unsuspecting customer, or a ticket that never existed in the first place.

Capco partners with Natwest for connectivity changes

NatWest’s partnership with Capco has already helped the bank improve customer experiences, and comply with UK and European regulatory payment standards

German minister sees UniCredit ditching Commerzbank tie-up plans

Commerzbank’s management, employees and German Chancellor Olaf Scholz have voiced opposition to a takeover, but at least one big investor and some business leaders favour talks.

Bank lending to return to growth in 2024 despite inflationary pressures

Total bank lending to UK businesses and households is forecast to return to growth this year

Nationwide, NatWest, Lloyds and Santander customers alerted to £258 payment

Customers with some of the more established high street banks may find they can get a better deal with one of these banks.

Access Bank UK expands footprint with Hong Kong branch

The launch of the Hong Kong branch establishes Access Bank UK

Completion of the acquisition of Tesco's retail banking business and commencement of long-term strategic partnership with Tesco

The acquired business includes credit cards, unsecured personal loans, deposits and the operating infrastructure which, following completion of the acquisition, will continue to be operated under the ownership and management of Barclays UK.

Barclays completes Tesco Bank acquisition

The agreement sees around 2,800 Tesco Bank employees working on banking products transferring to Barclays, from the 3,540 people currently work for Tesco’s banking wing.

Banco Santander to cut UK jobs as part of cost-saving efforts

The Guardian reported that most of the layoffs have already been completed, with the remaining cuts expected to conclude by the end of 2024.

NatWest launches building efficiency assessment tool

The tool will provide a quick insight on how customers can potentially improve the energy efficiency of their buildings and benefit from associated cost savings.

These neobanks score points in retail banking

Raiffeisen ranks 4th in the 2024 Consumer Bank Ranking for Switzerland with 62.9 score points.

Santander scoops best ESG initiative in payments prize at Pay360 Awards

The bank has received this accolade alongside Giesecke+Devrient (G+D), its partner in the processing and recycling of bank cards to turn them into street furniture.

Greece kicks off sale of stake in National Bank which could raise €727m

The price range has been set to between €7.30 to €7.95, Greece's bank bailout fund HFSF (Hellenic Financial Stability Fund) said on Monday.

VersaBank Recognized for continuing leadership in banking technology

Bank Named CIO Awards Canada Winner by IDC and CIO

Majority of advisers say consumer duty has been positive

At the start of the all day event, advisers present voted by 92 per cent to 8 per cent that the new rules have had a positive impact.

Nationwide offers £175 bank account switching bonus and 1% cashback

Previously when it has offered this switching bonus, it has seen a record number of people switch account.

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