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

Danske Bank's quarterly losses mount

Lloyds Banking Group said it expects to meet its targets on cost savings, capital strength and margins earlier than expected

BNP Paribas eyes Germany push after earnings slip

French bank BNP Paribas unveiled a plan to boost its presence in relatively resilient Germany after fresh cost cuts failed to offset sliding earnings in markets like Italy in the second quarter.

BBVA earns €2.88 billion in the first six months

Diversification allowed us to navigate a complex crisis while maintaining the strength and recurrence of our revenues.

Santander profit jumps on lower debt set-aside

The number was in line with analysts' expectations.

Barclays Cuts Back In Spain

Barclays Bank is shutting 18 branches in Andalucia as part of a move to reduce by 35% the number of branches it has in Spain

Watchdogs back Co-op's £219m Royal London deal

Financial watchdogs have approved a planned £219m deal by the Co-operative Group to sell its life insurance and asset management arm.

Santander launches Help to Buy equity loan solely via intermediaries

Santander has launched its first range of Help to Buy equity loan mortgages, which are available solely through intermediaries.

ICICI Bank to close two of its 11 branches in UK

ICICI Bank, the largest private sector lender in the country, is set to close a couple of its branches in the UK.

Lloyds Banking Group Explores Selling Australian Units

The U.K.Government Backed Lender is seeking cash to fill capital deficit

Italy's Intesa Sanpaolo in talks to sell Ukrainian lender -source

Italy's biggest retail bank Intesa Sanpaolo is in talks to sell its Ukrainian subsidiary Pravex-bank

U.K. Hires JPMorgan to Advise on Selling Lloyds, RBS Stakes

The U.K. hired JPMorgan Chase & Co. whose Senior Advisers include former Prime Minister

Handelsbanken Second-Quartert Profits Beat Forecasts

Operating profits in the quarter reached 4.72 billion Swedish crowns

Swedish bank Handelsbanken mounts a challenge in the UK

With its focus on building long-term customer relationships, Handelsbanken stands out on British high streets. Simon Read reports from Stockholm on a different kind of bank

Commerzbank Sale Hides as Much as It Reveals

Germany's second-largest bank said it is selling 5 billion euros ($6.5 billion) of loans to Wells Fargo & Co. and the private-equity firm Lone Star Funds at a 3.5 percent discount to book value.

UK rebuffs private equity in Lloyds sale

Lloyds is expected to report a sharp rise in profit, which would raise hopes it can start paying dividends again in 2014 and increase its attractiveness to investors.

S&P cuts credit ratings of two major Italian banks

Over the past decade, Italy has been the slowest growing economy in the eurozone.

Axis Bank to open for business in Britain

Britain is encouraging new banks to open to increase competition in financial services.

Santander to scrap Abbey for Intermediaries brand next Wednesday

Santander has been a consistent supporter of the intermediary market and by bringing all our intermediary product brands together under Santander for Intermediaries

‘Smoking gun’ document is uncovered in Co-op fiasco that could prove Lloyds was warned of branch-deal danger more than a year ago

The Treasury Select Committee is expected to summon Co-op Bank chiefs this month to give their version of events.

UniCredit seeking acquisitions in Poland

The group is looking for a target which specializes in activities slightly differing from its own

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