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

Spain's Banco Popular considering sale of Miami unit -report

The Spanish lender could hire Deutsche Bank to handle the sale if it went ahead, Cinco Dias reported, without saying where it got the information.

Georgia's TBC Bank first-half profit buoyed by strong lending

Cost-to-income ratio stood at 44.7 percent, from 41.1 percent a year earlier.

Lloyds investors fret over CEO's future and who could replace him

The intense scrutiny of his private life has led some investors to fear Horta-Osório could quit before the task of restructuring Britain's biggest mortgage lender is complete.

KBC Group: Strong first-half profit of 1.1 billion euros.

Against background of low interest rates, modest economic growth in Belgium and firmer growth in Central Europe

Hungary's CIB Bank posts profit in the first half of 2016

The group’s capital adequacy ratio was 19.5% a the end of June and CIB said it would keep aiming at conserving its solid capital status.

RBSI profits up

We are making early progress with our new strategy.

Reverta hires KPMG Baltics as adviser for selling remaining assets

Four applicants had submitted their bids in the tender, and the bid of KPMG Baltics was found to be the most cost effective.

Clydesdale emerges as rival suitor for RBS's Williams & Glyn unit

CYBG reportedly ready to step into the fight and offer rival bid to Spanish giant Santander

Coutts report an operating profit of £41m as at Q2 2016

Private Banking continues to support its clients with net loans and advances of £11.8 billion

German Profits To Ease Italian Woes

HypoVereinsbank, or HVB, is Germany’s third-largest private bank.

UniCredit's HVB says won't move capital to Bank Austria

HVB's Weimer said any money would have to come from parent UniCredit.

As we celebrate our sixth anniversary, we would like to thank all our customers, colleagues and investors who have supported us in our mission to develop Metro Bank into a major banking force in the UK.

Santander UK makes second attempt to buy RBS branches

Santander could buy 316 branches from RBS, which are currently earmarked for launch as the new Williams & Glyn brand

Credit Agricole completes ownership overhaul, retail suffers

It focuses the listed bank more on asset management, insurance and investment banking activities. It is also expected to bolster capital and help finance dividends.

France's Axa will not contribute to new Italian bank bailout fund

We don't intend to pay into the Atlante (II) fund, just as we did not pay into Atlante I, for the obvious reason that we are shareholders of the bank (Monte dei Paschi) and have participated very extensively in the clean up of the bank

ING reports business uplift from 'Think Forward' digital strategy

ING records strong commercial growth and continued progress on Think Forward strategic priorities

Banque PSA Finance and Santander Group Extend Partnership from Europe to Brazil

The partnership is helping to strengthen the competitiveness of Banque PSA Finance in Brazil to the benefit of the three Brands’ Peugeot, Citroën and DS’ customers.

Fosun International offers to invest in Portuguese bank

Acquiring stakes in BCP will also strengthen Fosun's overseas financial enterprises, such as commercial and private banking services.

Commerzbank Scraps Full-Year Target, Sees Decline in Profit

They have slumped about 44 percent this year, while the Stoxx Europe 600 Banks Index has slipped 30 percent.

Monte dei Paschi approves privately-backed rescue plan

Monte dei Paschi said it had secured underwriters to back its plan, which calls for the sale of 9.2 billion euros in bad loans and a 5 billion-euro capital increase.

Retail Banking