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

Commerzbank Second Quarter 2023 Earnings: Revenues Beat Expectations

The increase in margin was primarily driven by lower expenses.

NatWest imposes new cash limits in latest de-banking row

The move has raised fears that increasing curbs on the use of paper money across the system could have negative consequences for consumer

HSBC bank chief issues apology over calling UK 'weak'

Tensions between US and China have continued to worsen in recent years.

NatWest caps off tumultuous week with mixed results

Deposits have also stabilised after disappointment in this area in Q1, even if the bank is paying up to retain these.

CaixaBank reports a net profit of €2.14 billion up to June (+35.8%) driven by strong commercial performance, with NPL ratio at record lows

During the first half of the year, core revenues increased by 31.3% year-on-year, to €7.11 billion.

Lloyds braces for loan losses as borrowers face £360 monthly mortgage jump

The banking group revealed its half-year profit increased by more than a fifth compared with last year.

Barclays wins UK Supreme Court case over push payment fraud

Phillip alleged Barclays owed her a duty to ignore her instructions if the bank had reasonable grounds to suspect she was being defrauded.

NatWest to shutter 143 branches in 2023

NatWest's plans adds to a wave of closures announced by the UK big banks in the first months of the year.

CaixaBank lets customers split the cost of direct debit bills through Bizum

This is a service designed for a range of joint expenses, such as rent paid on a shared flat or the cost of utilities with a partner.

Santander removes smoothing from funds

Due to this, a number of funds have been subject to a number of revised smoothed rates over the past year.

Eurobank eyes control of Hellenic Bank

The Greek lender aims to increase its profits from international operations by broadening its presence in these developing wealth management markets.

Tandem Bank on the hunt for London home

Tandem’s London team were previously housed in offices in Holborn, London, until the lease expired and are now temporarily working from WeWork.

NatWest, Lloyds, Barclays and HSBC among banks quizzed over savings rates

Interest rate rises have led lenders to hike mortgage costs, but savings rates have not been rising as fast.

A mixed performance for Italy’s banks

This year’s performance rankings also saw large Italian banks

Access Bank UK, Daniel Ford educate investors on real estate investing in UK

The Roadshow provided an opportunity for the firms to educate Nigerian investors on investing in real estate in UK, highlighting the benefits and methods of such investment.

HSBC to leave Canary Wharf for central London HQ

Private-equity firm Orion Capital Management bought the 556,000-square-foot property in 2019, seeking to update its environmental credentials and offer rooftop terraces with views of its namesake cathedral.

CaixaBank is the first bank in Spain to launch the "wallets" service for international payments

The new FXWallets service is bringing to international payments all the advantages and security of traditional accounts

Santander axes popular current account as new product launched with £30 a month perk

Some Santander customers will be given the option to switch to the new account while keeping all their old details

Deutsche Bank's new retail boss primed for sector shake-up

Banks have lost the role they played in society over the last 20 to 30 years.

When is the next interest rate announcement and how much could it rise?

The purpose of adjusting the Bank Rate is to influence the spending behaviours of individuals, ultimately impacting the overall economy.

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