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

Lloyds and NatWest among 6 banks offering up to £200 free cash in switching deals

Six major banks are dangling up to £200 to tempt switchers in the latest round of the current account cashback wars.

CrediaBank’s Bold Bid for HSBC Malta Signals a Shift in European Banking

For HSBC, the keenness to exit Malta reflects a wider retrenchment strategy: over the past decade, the UK-based giant has scaled back in peripheral EU markets to focus on Asia, its main profit driver.

Monument Bank has not ruled out London listing, CEO says

Ian Rand says UK challenger bank ‘absolutely’ sees IPO as an exit strategy in the coming years

Lloyds Bank warns 'existing' customers to act within next 24 hours

The major UK high street bank, which is rivalled by NatWest, Nationwide, Santander, HSBC UK, and more, is offering £200 for anyone willing to move their money.

France’s fiscal outlook deteriorates, but a full-blown crisis remains unlikely

To avoid a vote of no confidence, he must secure tacit support from either the left or the far-right, a scenario unlikely unless the budget proposal undergoes significant revisions.

Sabadell CEO expects BBVA to improve its offer for the bank

The premium BBVA offered over Sabadell's April 29, 2024, closing share price has shrunk from 30% to a negative differential of about 8%.

Lloyds closes in on £120m takeover of fintech Curve

Britain's biggest high street bank network could announce the acquisition of a company once-feted as one of the country's hottest fintech start-ups as soon as this week, Sky News learns.

UniCredit’s Commerzbank takeover unlikely, says German bank CEO

Speaking at a banking conference, Bettina Orlopp also affirmed that the ultimate decision will be left to the shareholders.

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.

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