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

Alpha Bank to acquire Citibank's Greek retail arm

As a result of the acquisition approximately 730 highly skilled employees working for Citi's retail operations will be transferred to Alpha Bank.

Creditors of ailing Austrian Hypo bank face losses

On the eve of the cabinet decision, the ratings agency Standard & Poor's said it would consider lowering the credit rating of seven Austrian banks

Tesco Bank opens its first current account

Tesco will today shake up the retail banking industry when it becomes the first supermarket to launch a current account in competition with high street banks.

Syz & Co launches retail shares for Oyster European Selection

Brendahan relies on bottom up stockpicking in key areas

Challenger bank Shawbrook swings to profit after three years

By business line, the bank grew most in commercial property lending

UK Asset Resolution continues to make good progress

Underlying profit before tax was £1,523m for the 15 months

Bulgaria’s mega banks offered a pleasant surprise to their shareholders

The other half of the financial result will be used to provide lending to new projects.

Access Bank Mulls London Stock Exchange Listing

Shareholders of Access Bank had two months ago approved plans by the bank to raise $1 billion to enhance its operations.

Barclays Bank opens new base on Newcastle Quayside

Barclays said the relocation to the new premises represents one of the biggest real estate deals to have taken place in Newcastle in recent years

Barclays open multi-million pound Newcastle base

The bank has consolidated all its North East regional divisions and training facilities into the St Anns Street premises, in what is the biggest capital investment Barclays has made this year.

Cyprus bank deposits rise, but only with non-EU inflows

Bank deposits in Cyprus rose last month for the first time since December 2012, the central bank said Wednesday, but that was only possible due to money from outside the European Union.

Lloyds Banking Group Confirms Float Of TSB

Taxpayer-backed Lloyds Banking Group is to sell-off 25% of TSB next month

Lloyds Banking Group lines up part-sale of TSB

TSB is set to return to the stock market after a 19-year absence

UniCredit Tiriac Bank profit up 18 pct in Q1

The consolidated net profits on minority interests of UniCredit Tiriac Bank and UniCredit Consumer Financing have advanced by 18 percent over the first quarter of 2014 compared to Q1 of 2013, to 72.1 million lei

UK lenders facing regulatory crackdown as BoE prepares to pop London housing bubble

With Barclays and Santander among those that could see lending curbed

We don’t have a target for closures, says Barclays. Oh yes you do, say villagers as 20 branches are quietly culled

Barclays says: ‘There is no target for bank closures.’ It is a claim the bank is making while embarking on a quiet cull of branches up and down the country.

Dormant bridging lender gets long-awaited buyout

B&C also understands, that Associate Director, Simon Atherton, has left voluntarily as a result

Barclays sounding out buyers for Spanish retail bank: sources

It will park its retail banking operations in Spain, Italy, France and Portugal in a "bad bank", and these will be sold, separated or floated.

Lloyds Banking Group cuts 645 more jobs

Lloyds says that following today’s announcement, it has now made 13,055 of those job cuts.

BRF merger affects Jyske Bank's record expectations of the first six months.

Jyske Bank has announced its expectations of the coming financial statements for the first six months of the year pointing to a record pre-tax profit of DKK 3bn.

Retail Banking