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

Metro Bank creates 900 jobs

With around 100 places available, it will roll out sector-specific programmes across IT, HR and cashiering.

Generali reports best year in Bank’s history

Operating efficiency and the development of recurring business are proof of the soundness of a business model that ensures sustainable growth over time.

Dutch bank NIBC doubles profit in run-up to possible IPO

JC Flowers prepared NIBC for an IPO a decade ago, but had to change course when the financial crisis crippled the bank, which had made large bets on U.S. subprime mortgage loans.

Bulgaria: Merger of UBB and CIBANK completed

KBC’s Bulgarian bank activities branded as United Bulgarian Bank

Raiffeisen full-year net profit more than doubles

As of January 2017, RZB contributed business is fully included.

Lloyds axes 930 jobs as António Horta-Osório prepares fresh strategy

Lloyds said the redundancies would partly be offset by the creation of 465 new roles

AIB has eyes on Irish arm of Investec

AIB is understood to be weighing a takeover bid for Investec Ireland, the specialist bank and asset manager.

Billionaire Scot plans to launch his own bank

Dubbed “the man who broke HBOS”

Investing in companies that cheat

Steinhoff is not an exceptional event. One of the more regular known unknowns of our short 21st century is corporations that cheat and lie, with dire consequences for its lenders and bondholders

Nordea Q4 Profit Down 43%; Expects 2018 Profit To Grow

Costs are being reduced as part of improved cost efficiency structures throughout the organisation.

Russia's VTB to consider purchase of Vozrozhdenie bank: agencies

Kostin told reporters at the World Economic Forum in Davos, Switzerland, that the senior management of state-run VTB would consider acquiring Vozrozhdenie after their return to Moscow.

Al Rayan Bank wins ‘Best Islamic Bank in the UK’ honour

The bank has been named as the ‘Best Islamic Bank in the UK’ at the 2017 Islamic Finance News Awards.

Gatehouse Bank partners with Blueprint

I am very pleased about this partnership, as there is clear synergy with Blueprint

HSH Nordbank suitors J.C. Flowers and Cerberus to begin exclusive talks

J.C. Flowers, which owns 5 percent of HSH, and Cerberus submitted a joint bid with a headline price of more than 700 million euros ($860 million), a person familiar with the matter had said last week.

Tandem gets banking licence after closing Harrods Bank acquisition

Tandem is an app-led banking service that lets customers see all their financial information in one place and pro-actively helps them save money.

Belgian bank Belfius IPO possible in Q2 - finance minister

Belfius, the Belgian retail arm of bailed-out lender Dexia

Banca Generali announces 2017 net inflows of €6.87 billion

Net inflows of managed products grew sharply by 50% to €6.0 billion, including €407 million recorded in December 2017.

PSD2: The new regulatory framework for payments that's set to change global banking

Its not just another banking regulation, but rather a strategy

EBRD, BNP Paribas agree on mandatory buyout of UkrSibbank's shares from minority shareholders

BNP Paribas will act as an authorized entity to acquire and fulfill all obligations under the agreement.

Ex-Metro Bank chief plans specialist lender

COLG aims to launch the lender within two years and is currently in the process of obtaining a banking licence

Retail Banking