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

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

Royal Bank of Scotland sheds 1,800 jobs

Taxpayer-owned Royal Bank of Scotland said it plans to cut as many as 1,800 jobs at its Ulster Bank division by 2016.

NRI set to launch new bank in London

A Singapore-based NRI is launching a bank here tomorrow to provide latest services to its customers in the UK.

BNP Paribas to Expand in Germany

French Bank Seeks to Rekindle Growth as it Cuts Costs

Church of England bids for RBS branches

The Church of England has blessed a consortium of financiers

Barclays closes Algarve agencies

Barclays Bank will be closing down at least five agencies in the Algarve

Rabobank may sell its Polish arm BGZ this year -report

Dutch Rabobank may sell its Polish mid-sized lender

Unicredit experiments with self-service branches

Some banks have responded to the changing landscape by introducing video ATM technology

Barclays to sell on data from savers and track mobile phones

The bank will also start tracking customers through their mobile phones or other "devices" - to help protect them from fraud.

Lloyds, RBS, Barclays, Co-op and Nationwide responsible for higher-than-expected capital shortfall of £27.1bn

Five of Britain’s biggest lenders have been told by the Bank of England they must raise more than £13bn between them

IARB welcomes findings of Parliamentary Commission on Banking Standards

IARB welcomes findings of Parliamentary Commission on Banking Standards and endorses commitment to high professional standards throughout banking

Co-op Bank to fill £1.5bn hole

The Co-operative Group has reached agreement with the City regulator that the hole in the Co-op Bank is around £1.5bn, I have learned.

NAB may spin off UK business

National Australia Bank boss Cameron Clyne says he would consider a sharemarket spin-out of the bank's British business

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