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

RBS to face fury of investors at AGM over bonuses for bank bosses

Ross McEwan, chief executive of Royal Bank of Scotland, in line for £1m a year in share allowances that sidestep EU bonus cap

Popular buys Citi's retail, credit card business in Spain

Spain's Banco Popular has agreed to buy Citi's retail banking and credit card business in Spain, a sign that foreign banks are retreating from the country's financial services market in the wake of the financial crisis.

Bulgaria ready to rescue Corpbank after bank run

It was not immediately clear how much capital would be needed to prop up Corpbank - which had loans of almost 5 billion levs ($3.5 billion) as of March, and capital of 622 million levs - and the subsidiary.

HSBC to create 200 new jobs across Scotland

New posts will be created at offices in Glasgow, Edinburgh, Hamilton and Aberdeen.

TSB to be valued at £1.3bn

Lloyds Banking Group is set to value spun-off retail bank TSB at £1.3 billion when it prices its share offer on Thursday.

Jyske Bank Group cuts 177 full-time jobs

Due to a lower level of activity, declining loan volumes except for new home loans, the IT conversion of Spar Lolland to Jyske Bank and a merger of staff functions at BRFkredit and Jyske Bank

Russia's Sberbank Plans German Banking Operation

Germany is a large market, and we are just going to dip our toe in the direct banking space

Dutch to change bank debt rules

The Dutch government proposed to amend its tax rules to make it easier for lenders there to tap into Europe’s fastest-growing market for bank debt.

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

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