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

Monte Paschi mandates Mediobanca on bad loan platform

Monte dei Paschi and Mediobanca declined to comment.

Yorkshire And Clydesdale Bank Launch Digital Challenger Bank B

UK regionals Clydesdale and Yorkshire Bank are joining the digital revolution in banking with the launch of an online and mobile-only bank dubbed B.

Intesa Sanpaolo sells two units for $1.2 billion

The deal is expected to be finalized by the end of this year and will generate a net capital gain of about EUR892 million in Intesa Sanpaolo's 2016 consolidated income statement, the lender added.

Commerzbank looks to build on gains of recent years

The deal did indeed define Mr Blessing’s time at the top — but in a way few imagined.

FBN Bank (UK) reviews strategy under new CEO

FBN Bank (UK) is set to expand its teams, not only on the front line, but also by hiring people in its risk distribution unit to assist in originating deals

Barclays Bank is now even more unpopular in Gibraltar

Gibraltar is well prepared for this, not unexpected, further failure of the Barclays business by bolstering the provision of alternative banking facilities.”

UK’s CYBG banking group to launch new digital banking platform

UK-based Yorkshire Bank and Clydesdale Bank – which together form CYBG – will launch a new digital banking platform in the coming weeks, as CYBG gets ready to become a standalone challenger bank. The new platform is called “B” and

German Bank Commerzbank Plans to Launch Own P2P Lending Marketplace Within First Half of 2016

The marketplace aims to connect SMEs seeking funding with investors.

We don't need challenger banks - there's enough competition already

And, some would argue, rightly so. But the whole point of the challenger mantra, much loved of former business secretary Vince Cable, was to provoke the incumbents to deliver a better service and better range of products.

Spanish Bank Deals in Portugal Raise Hackles

Pushback shows how nationalistic hand-wringing can create snags for cross-border financial deals

Worst is over for Hungary's battered banks - survey

Polish banks' share prices have collectively lost nearly a quarter of their value since a presidential election last May.

UK banks have yet to address the elephant in the room

With limited revenue growth opportunities, the focus on costs and quality of infrastructure appears to be one of the few critical areas within the banks’ “control”.

Pressure on UK high street banks at ‘all-time high’

Redress for past mis-selling, particularly in relation to payment protection insurance, was one of the main factors hitting profitability.

German Bank Branches Dying Off

According to official Bundesbank statistics, the number of German bank branches closing their doors increased once again last year.

Amazon delivery tie-up with Barclays fuels hopes for bank branch network to stay open on the high street

The scheme is part of an effort by Barclays to find new uses and revenues for its network.

Barclays to sell Iberian card interest

BARCLAYS is close to selling its Spanish and Portuguese credit card business, sources say, in a deal that could raise up to €600million (£484million).

RBS to close Indian banking operations

UK lender gives up on finding a buyer amid regulatory approval fears

Spain's BBVA looking for another Turkish bank buy -paper

The Spanish lender said last year it was considering bidding for HSBC's Turkish business. HSBC announced a couple of months after receiving bids that it had decided to retain it.

Metro Bank’s revolutionary banker Vernon Hill

Welcoming you into his bank with a handshake and a smile, he is as convivial as the most American stereotypes of customer service.

Bank of Scotland promises to help UK turn around trade gap

Bank of Scotland today pledged to help hundreds of Scottish businesses become first-time exporters as part of a wider effort to help plug Britain’s trade deficit.

Retail Banking