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

The 12 UK banks with the best public reputation

A new study from the Reputation Institute gives all of the UK's top retail banking players a score out of 100.

UK's Metro Bank buys mortgage portfolio from Cerberus Capital

The company has provided limited detail on terms of the transaction.

Lloyds completes MBNA acquisition

Given the transaction will enhance Group net interest margin by c.10bps per annum there will be a c.5bps benefit to net interest margin in 2017.

UK retail banks’ reputation improves but RBS, TSB and HSBC still lag, survey shows

Nationwide topped the ranking, followed by Virgin Money and Halifax

Deutsche Bank gets Polish bank sale underway

Deutsche will most likely split the business, selling portfolios of zloty-denominated mortgages, consumer loans and loans for small and medium firms.

Banco BNI Europa Partners with P2P Lender

The Portuguese economy has experienced strong GDP growth of 2.8% in the 1st quarter of 2017 and in 2016 captured the largest amount of foreign direct investment in the last 20 years.

Commerzbank said to offer early retirement to 3,000 staff

The bank is giving some employees until the end of June to decide and others until the end of August, according to the people.

Seedrs joins NatWest alternative finance panel

There is no commission paid as a result of any referrals, ensuring maximum transparency and no conflict of interest.

Intesa to cut costs and close branches in strategy shift

Chief executive aims to boost insurance and asset management

Nordic fight to host Nordea heats up as rumours of Sweden departure swirl

Some of the attractions of moving to Finland for Nordea could be softer capital requirements as well as more stable fees for resolution and deposit guarantees.

Ireland’s Linked Finance gains FCA approval

The approval comes as Ireland’s Department of Finance kicks off a public consultation into the regulation of P2P lending.

Sberbank of Russia to Start Accepting JCB Cards

Sberbank has the largest POS terminal network in the country.

Italy's Veneto banks may need more private capital

It's a problem because the state cannot cover the losses, an Italian government.

RBI posts consolidated profit of € 220 million

Profit after tax increases 86.1 per cent

Bank Of Ireland Wins Global Retail Banking Award

All winners were selected by an independent judging panel and by Retail Banker International editorial team members.

Lloyds bank 'back in private hands after Government sells final stake'

At its peak, Lloyds was 43% owned by the state after the Government spent £20.3 billion of taxpayers' cash to bail it out during the banking crisis.

Al Rayan Bank Opens New London Office

Al Rayan Bank’s real estate asset book now exceeds £1.2bn

Seylan Bank raises US $ 75mn to expand small and medium enterprise lending

This is a significant moment for the bank. It is the first time that we have partnered with three globally recognized and respected DFIs, an investment fund and a regional bank.

Russian bank VTB beats forecasts with $488 mln Q1 profit

It has seen its financial performance recover in recent quarters as the Russian economy is gradually emerging from a deep slump linked to weak oil prices.

Litigation funder bought by banking giant in £31m deal

Close Brothers, which posted pre-tax profits of £131.4m for the six months ending 31 January 2017, describes itself as a group focused on building ‘leading positions’ in the specialist markets in which it operates.