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

OTP agrees to acquire another Serbian bank

The Serbian unit of Hungary’s OTP Bank signed an agreement to buy 100% of Serbian peer Findomestic Banka from its Italian owner, OTP announced on Friday.

How Mervyn broke the Rock: Exclusive extract from new book

A new book by veteran financial journalist Ivan Fallon charts the course of Lloyds Bank through the financial crisis – bringing together for the first time the accounts of all the big players in the drama.

Paschi Seen Accelerating Partner Search After Rights Offer

Monte Paschi shares fell as much as 4 percent and were 3.1 percent lower at 1.738 euros

'Alpha male' bank culture condemned

The boss of Virgin Money has hit out against the "alpha maleness of banking" that demands people "win at all costs".

RBS wants to take banking CRM back to the 1970s with huge data investments

RBS is investing hundreds of millions of pounds in data projects, so that it can change the bank’s relationship with the customer. Make it more personal.

Millions of Barclays customers will NOT be able to use Apple Pay

MILLIONS of Barclays bank account customers will be barred from using Apple's contactless payment system when it launches in the UK next month.

HSBC Joins Citigroup, SocGen in Brazilian Foreign-Bank Graveyard

HSBC Holdings Plc this week became the third foreign retail bank to abandon or scale back in Brazil in the past two years

Hungary c.bank ready to provide EUR 1.1 bn to convert remaining FX loans

The Council has set a maximum amount of EUR 1.1 billion for the conversion into forints of the loans

National Australia Said to Target September IPO for U.K. Arm

National Australia Bank Ltd., the nation’s fourth-largest lender by market value, plans to seek about 800 million pounds ($1.2 billion) in an initial public offering of its British unit as early as September

Barclays has moved from 'sales pitch' to content

Barclays has replaced the "good old sales pitch" with a clear process for how to push out editorial content

George Osborne plans sale of bailed-out bank RBS to private investors at £13bn loss to taxpayers

The UK taxpayer holds an 81 per cent stake in RBS after a series of capital injections amounting to £45bn.

Chancellor expected to unveil plans for RBS share sell-off

The Chancellor is expected to unveil plans next week to start selling off the government's 80 per cent stake in Royal Bank of Scotland.

Lloyds shares to be sold to retail investors within 12 months, says Treasury

Another one per cent has been sold off by the Treasury, reducing its stake in the bank to 19 per cent.

ING and BNP Paribas among bidders for HSBC Turkey

ING Group NV, BNP Paribas and Bahrain-based Arab Banking Corp have submitted bids to buy HSBC's Turkish business, a source familiar with the process said.

Deutsche Bank Makes Retail Sector Push

Deutsche Bank has named a new head of global retail investment banking coverage in New York as part of a trio of changes aimed at winning market share in the sector.

RBS may need to bulk up Williams & Glyn to improve competition

The CMA has no powers to order changes, but the Treasury could ask RBS

RBS may need to bulk up Williams & Glyn to improve competition

A sign is displayed outside of a branch of The Royal Bank of Scotland in central London, Britain May 20, 2015.

UK's last independent savings bank to shut four branches

IT is the UK's last independent savings bank - a 180-year-old institution which "stuck to its knitting" through the financial crisis and appeared to weather the storm with ease.

RBS mulls bid for UK govt-owned mortgage portfolio - Sky News

The state-owned bank is looking to deploy some of its surplus funds through the potential purchase

Poland's Belka says banks must prepare for converting Swiss-franc mortgages

Polish banks should prepare to convert Swiss-franc mortgages into the zloty by withholding dividends

Retail Banking