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

Banks urgently need to update the way they monitor their systems

The industry reflects on the payday technical difficulties that effected HSBC, Nationwide and Virgin Money customers

Modernising banking in Romania: the Raiffeisen Bank approach

Bogdan Popa, VP of Operations & Technology at Raiffeisen Bank Romania, delves into the Romanian banking landscape, focusing on how technology enhances banking services.

Lloyds Banking Group and NatWest supported by ‘better than expected’ interest rate environment - analyst

At the same time, RBC analyst Benjamin Toms noted that “competition has not been that aggressive” over deposit pricing in the sector.

NatWest's deal for Sainsbury's Bank may be modest but provides long-term potential

The acquisition allows NatWest to diversify its offerings and tap into Sainsbury’s established customer base, potentially leading to a more integrated financial services model within the retail space.

CPI falls to Bank of England target of 2%

The Consumer Prices Index (CPI) rose 2% in the 12 months to May 2024, down from 2.3% in the 12 months to April.

Santander to take in-house-built tech platform global

Earlier this year, Santander set out plans to launch its Openbank digital offering

Britain's Lloyds Bank consolidates London offices

Lloyds will leave its building at 125 London Wall, in the capital's City financial district, by 2025, the bank said.

Starling Bank posts third annual profit ahead of expected London listing

Its revenue increased to £682.2m from £452.8m in 2023.

NatWest issues debit card warning with '10 million customers' affected

Betting has seen a big year-on-year increase, with an increase of 3.62 per cent on the same month last year.

ING ends retail banking for private individuals in Luxembourg

The decision followed an evaluation of the bank’s activities and market potential.

Crédit Agricole SA: 2024 capital increase reserved for employees of the Crédit Agricole Group

The maximum number of shares that may be issued is 32 million

Bank of Ireland says bonus caps stop it competing for top overseas talent

Lender has once again taken aim at crisis-era limits on remuneration, saying they damage the competitiveness of its overseas businesses

Erste Bank Hungary launches in-app flight delay insurance

The insurance is powered by leading European B2B2C insurtech Companjon, which specializes in fully digital, AI-driven embedded insurance solutions.

BNP Paribas CEO dampens hopes for European bank M&A revival

Hurdles include differing regulations and labour laws, the lack of a euro zone-wide deposit insurance scheme and politics.

CaixaBank welcomes 75 members from international banks at the WSBI Banking Innovation Conference

Over the course of two days, CaixaBank’s managers and team leaders will share with their international counterparts the entity's strategies in key areas such as innovation, new technologies, cybersecurity, and sustainability.

Bank branch closures: Lloyds, Santander and more shut down 6,000 locations - which brand has axed the most sites?

High street banks have cited the changing consumer behaviour as to why locations have been forced to close down in recent years.

NAB partners UK fintech Banked to boost merchant adoption of A2A payment solutions

The first group of NAB business clients to adopt the functionality are to go live with A2A payments “in the first half of 2024”.

BBVA refuses to raise offer for Spanish bank merger with TSB owner Sabadell

BBVA offered an exchange ratio of one newly issued BBVA share for every 4.83 Sabadell shares, a premium of 30 per cent to their closing price on 29 April, the last session before it made the offer.

DNB Bank Reshuffles Management, Establishes Business Banking Norway Unit

In order to deliver the best services to our customers in the future as well, we must develop even faster.

Banks accused of withholding more than £200m from SMEs

The average SME in the UK has around £75,000 of business savings and is offered less than 1.6% interest on average on this balance by the big banks.

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