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

Wise to Open Everyday Banking Accounts in UK in Deposit Push

The London-based money transfer company is launching an account that will hold money and pay out a 3.26% variable interest rate on balances

Lloyds Banking Group and University of Glasgow announce groundbreaking agentic AI research programme

As the partnership continues, the Group will develop and improve their understanding of how to harness the benefits of agentic AI.

2026 CaixaBank General Shareholders’ Meeting approves a final dividend of 2,320 million euros and increases total annual dividend to 3,500 million euros

This represents an increase of 15% in the annual gross dividend per share compared with 0.4352 euros gross per share in the previous year.

Lloyds IT glitch exposed data of nearly 450,000 customers, MPs told

More than 114,000 customers actively clicked on transactions that did not belong to them

Lloyds supports Trent & Dove with new £88m finance package

The finance package will help Trent & Dove continue its work maintaining high‑quality homes, developing new properties, and supporting neighbourhood projects.

Monument Bank to launch UK's first tokenised retail deposits programme

The project is being run in partnership with blockchain company Midnight, with Monument planning to tokenise up to £250 million of retail customer deposits in the first phase.

Clearhaus becomes Denmark's first acquirer to launch payment facilitator solution

They no longer need each merchant to sign up separately with a payment provider – a capability that has not previously been offered by Danish acquirers.

Metro Bank partners Equals Money for FX Forwards solution

The new service will enable Metro Bank commercial and corporate clients to better manage currency risk, and ensure greater predictability in cash flow and planning.

ProCredit group ends 2025 with strong loan growth and digital retail banking transformation in full momentum; financial results reflect strategic transition

The year-end result of EUR 83.5 million corresponded to a RoE of 7.8%.

UK banks keep £100 limit for contactless card payments despite FCA scrapping it

Banking lobby group says lenders are holding off changes as there is no widespread consumer demand for now

Deutsche Bank says it will profit from battle for Commerzbank

"Whatever the outcome, I think we will benefit," Sewing said.

J.P. Morgan Payments rolls out virtual B2B card in Europe

European corporates can now access J.P. Morgan Payments’ expertise through its virtual card offerings to optimize their working capital by automating payment creation and reconciliation.

Vinted Pay obtains FCA EMI licence in the UK

Vinted Pay currently provides wallet services to members across multiple European countries.

Lloyds, Halifax and Bank of Scotland ‘technical glitch’ showing other users’ transactions to customers

It is not thought that users were able to see information such as account numbers or names attached to payments.

UK businesses adopting AI see strong gains in profitability and productivity

The findings come as investment in AI accelerates, with two thirds (66%) of UK businesses confirming they have invested in AI.

Banks are structurally disadvantaged in the lending business. How they adapt is a strategic imperative.

It is a durable reorganization of who intermediates capital in the middle market—one that banks and their technology partners must address with urgency and clarity.

ABN Amro extends Worldline contract as payments firm launches share capital increase

ABN AMRO and Worldline share a distinguished partnership built over decades.

Raiffeisen reportedly close to taking over Garanti Bank Romania

Garanti BBVA Romania was put up for sale again last year by the BBVA group after a previous attempt to sell the subsidiary in 2020 was halted during the COVID-19 pandemic.

Irish banks launch Zippay digital payment service to compete with Revolut

Zippay is an in-app service offered through customers’ existing mobile banking apps and will begin rolling out on a phased basis to users from Tuesday

CIBC Caribbean to discontinue Great Britian pound cheques and bank draft services

Clients currently holding Great Britian pound cheques and bank drafts are strongly encouraged to present them at one of the bank’s branches for encashment or deposit them to an account before 31 March 2026 to ensure timely processing.

Retail Banking