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

Lloyds Bank’s performance overhaul could see headcount slashed

A Lloyds spokesperson stressed to HR magazine that the approach it is taking is “relatively common across our industry and others” and that it is about turnover.

Strategic considerations for non-Banks in the Swiss mortgage lending market in the next low interest rate cycle

This blog examines the market shifts, regulatory enablers and operating models shaping this transformation, and outlines how institutional investors can participate effectively.

Commerzbank to issue €500 million in callable non-preferred debt

Commerzbank will act as the stabilization coordinator for the offering, with Canadian Imperial Bank of Commerce, Natixis, and Erste Group Bank AG serving as stabilizing managers.

Banks have closed more than one in three branches in the past five years

Following the closures last year, banks agreed to set up 350 hubs on UK high streets by 2029, to be operated by the Post Office.

Santander lifts rates and cuts others, Molo trims BTL prices

These prices are open to individual and limited company borrowers.

Halifax named Defaqto Home Insurer of the Year

Halifax achieved the highest overall score across practices

Coop Norway announces new core banking platform

The Oslo-based co-op is working on the project with Mambu, which specialises in digital banking tech, and IT consultancy Knowit

New Look could be put up for sale as Rothschild appointed to conduct review

The company has experienced numerous restructurings in recent years, including a £100m refinancing in 2023 and a £30m equity boost earlier this year to expedite its digital transformation

Starling Bank snaps up UK fintech firm in small business push

The London-based firm said as part of the takeover, Ember’s tax and bookkeeping software will be built into Starling’s app and online bank.

Bank set to leave city centre site after 146 years

The bank is leaving their 146-year-old building in Queen Square to relocate to the Mander Centre, also in the city.

Lloyds set to introduce new £300 rule this month in UK bank first

This is a banking first, that could soon pick up in populariry with other banks.

Wonderful Payments launches ‘enterprise engine for UK Open Banking’

At the same time, 31 organisations, Wonderful Payments among them, have committed initial funding for the creation of a new payments operator that will take forward the initial phase of commercial variable recurring payments.

Lloyds secures contract to provide banking services for several government departments and public sector organisations

The commencement of banking services by Lloyds will take place through a phased approach from 2025.

Card spending grows 1.4 per cent in July, as stable confidence in household finances and mixed weather boost non-essentials

The overall retail category had a positive month, up 1.9 per cent, after marginal growth of 0.2 per cent in June.

Retail Banking