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

Axa Wealth: Remove barriers to investing

Choice and flexibility will be key for product development with a focus on adaptability to meet the varying needs of consumers’ life stages.

Royal Group to invest $5 billion in Serbia bank

Abu Dhabi-based Royal Group is set to invest $5 billion in establishing a bank in Serbia, AMEinfo has investigated.

RBS set to raise $4bn from US listing of Citizens

RBS said yesterday it would sell 140 million shares in Citizens at between $23 and $25 each in the New York IPO, and could sell a further 21 million shares in an over-allotment option granted to the underwriters of the offer.

Lloyds Banking Group + Barclays Plc: Are LLOY and BARC the Two Best Plays in UK Retail Banking Sector?

Lloyds Banking Group plc and Barclays plc have both been tipped as being best-in-class for investors looking to take advantage of the recovery in UK retail banking names

Foreign-owned retail bank branches May Face Closure in UK Crackdown

At least seven foreign-owned retail bank branches in the UK, including some Indian ones, could be forced to close down in a crackdown on overseas banks in a bid to insulate the British economy from global crises.

Polish watchdog okays BGZ bank takeover by BNP Paribas

The offer values Poland's No.11 lender by assets at almost 4.52 billion zlotys

Two bidders in talks with UniCredit over bad loan unit-sources

The unit, UniCredit Credit Management Bank, manages more than 40 billion euros (31.51 billion pounds) of non-performing loans that belong to both UniCredit - Italy's biggest bank by assets - and to third parties.

Barclays completes sale of UAE retail arm to ADIB

We remain on track to rebalance Barclays as part of our strategy to deliver sustainable returns for our shareholders

Richard Branson's Bank to List on London Stock Exchange to Tune of £2bn

Virgin Money is poised for floatation as early as October

KEB eyes expansion in Europe, Middle East

Korea Exchange Bank has set its eyes on overseas markets, particularly Europe and the Middle East, in an effort to sharpen its competency and future growth.

Rafidain Bank plans to open its branch in London

Rafidain Bank announced on Saturday, its intention to re-open its branch and resumption of its activity in the British capital London after the settlement of all debts incurred on the bank to the United Kingdom.

Job fears in Barclays office closure in central Cardiff

Fears of jobs losses have been raised over the possible closure of a city centre Barclays office in Cardiff.

Italy’s Top Banks Seeking Up to $36 Billion From ECB

Italy’s seven biggest banks are seeking to borrow as much as 30.3 billion euros in the European Central Bank’s first auction of cheap cash designed to boost loans to companies and individuals,

BGZ Bank Jumps to Record as BNP Starts $1.4 Billion Bid

The bid by France’s biggest bank is subject to regulatory approval.

German lender Helaba confident on ECB bank health check

German public-sector lender Helaba said it was confident of its strong capital base ahead of health checks of the banking sector by the European Central Bank and European Banking Authority in the coming weeks.

UniCredit to Sell Riskiest Bank Debt as Borrowing Costs Fall

UniCredit is reopening the market as the European Central Bank completes a review of bank assets before results of stress tests are published in October

Secure Trust Bank eyes SME opportunities

As names go, Secure Trust Bank is a hard one to beat for a banking organisation.

Corpbank looks to Oman for restructuring

The Bulgarian National Bank is in a state of total passivity on the case of Corpbank

Russia approves pumping $6.6bn into state banks

The Russian government has approved injecting 239 billion rubles ($6.6 billion, 5 billion euros) into two of the country's largest, state-controlled banks that have been hit with Western sanctions.

BayernLB says is well prepared for ECB stress tests

The lender nevertheless said the sale of banking subsidiary MKB in Hungary would contribute to a consolidated loss for the full year