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

TSB suffers first full-year loss as IT fiasco costs weigh on profit

Bank paid compensation and waived fees when customers were left without account access

Santander profits drop amid cost pressures

The bank’s total operating income also dropped, coming in at £3.6bn compared with £3.8bn the previous year.

UniCredit ordered to tell clients about breach of mobile bank accounts

The incident has been closed and resolved both with clients and competent authorities,” the bank said.

Expat buy to let mortgage rates cut again

Equally, weak prices which reflect Brexit uncertainty present a strong buying opportunity for expatriate buy to let buyers in the UK.

Santander to close 140 branches across the UK

The bank said that more customers habits have changed and are using “online and mobile channels” more and more which has created less visitors to their branches.

RBS buys stake in technology start-up

The bank is aiming to take on new digital-only challenger banks.

Chetwood Financial gets full UK banking licence and new cash

This news come with Chetwood’s latest consumer lending product, LiveLend Reward Loan – “the dynamic loan”, which adapts the lending rates as the consumer’s lending score improves.

Sociéte Générale’s Contemplated Sale of Euro Bank to Bank Millennium

Sociéte Générale will continue to provide corporate and investment banking services in Poland through its Global Banking and Investor Solutions business

State-owned German banks end merger talks as buyout firms circle

Frankfurt-based public lender Helaba terminates discussions with state-owned NordLB

HSBC leaves customers waiting for data reforms

HSBC will be subjected to extra monitoring and, if the situation deteriorates, an external consultant could be appointed to oversee the process.

Another 772 bank branches bite the dust in 2018 as more customers access their accounts online

Writing for The Mail on Sunday today, Joe Garner, chief executive of Nationwide Building Society, says: ‘There is no reason that we can’t have branches and new technology.’

RBS cuts pay of first female finance chief: She'll earn up to £400k less than male predecessor

Gender equality campaigners said Murray should get the same as her predecessor

Revised budget deficit positive for Italian banks, but headwinds still threaten

The material widening of sovereign and other Italy-related spreads on the back of political uncertainty came at a highly inopportune moment for the country’s banks.

Barclays branch closure is a 'great blow' to the town

THE closure of Barclays in Bridport is a ‘great blow’ as customers decide to move to a ‘safer’ bank.

RBS bosses launch probe into 'culture of bullying' at bank

Staff at the state-backed lender have allegedly been subjected to persistent intimidation, threats and humiliation.

HSBC team relocates in Oxford

"We have ambitious growth plans in the region and this new office is a great base for our expanding team of relationship managers."

Barclays set to close its operations center in Lithuania, to lay off some 260 people

Barclays said the changes in Lithuania are part of an expansion of its strategic relationship with HCL, which becomes the bank's IT services partner worldwide.

Luminor to close down bank accounts of e-residents ignoring due diligence

We always remind clients via various channels (email, mail, phone, online bank) to update their information

Hungary banking group Takarek aims to create universal bank

Takarek Group posted a loss of 12.3 billion forints under Hungarian accounting standards last year despite a general economic upswing and a boom in lending, which has bolstered the profitability of most lenders in Hungary.

KCB joins global banks in responsible banking initiative

Launched in Paris, the 28 founding banks set out a clear purpose for the banking industry itself, and enable investors, policy makers and regulators, clients and civil society to compare banks and hold them accountable for their environmental, social and

Retail Banking