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

Commerzbank sees opportunity to expand wealth management business

Commerzbank's wealth management business has about 70,000 customers

Rothschild bankers made partners

The 202-year-old investment bank has set up a partnership for 48 of its most senior bankers as the final step of a drawn-out process to unite its French and British branches

Schroders set to unveil London relocation plans

The development is managed by Brookfield Office Properties and Oxford Properties in partnership with the City of London Corporation, which owns the freehold. The development is scheduled to be completed by late 2016.

Coutts Index Reveals Passion Investments have risen 77pc since 2005

Launched today, the new Coutts Index aims to provide the global benchmark for monitoring the performance of passion assets.

Tetragon takes big stake in Ashcourt Rowan

Guernsey-domiciled hedge fund firm TFM - which hunts out opportunities in assets and asset classes in believe to be ‘superior’ based on their track record and expertise bought the stake though its Tetragon Financial Group Master fund

Barclays chief Antony Jenkins defends 'controversial' bank bonuses

Antony Jenkins, chief executive of Barclays, has defended pay in the banking sector as he guest-edited the Today programme

RHJ International Announces Spin-off of Ripplewood Merchant Banking Operations

As part of this arrangement, RHJI holds a 19% interest in KBA and will retain access to future unique investment products and services for existing and future clients.

Hartmann Capital to Wind up After £1.5m Client Money Shortfall

London-based investment firm Hartmann Capital has applied to wind up after identifying a number of problems and being censured by the FCA.

The top three financial New Year resolutions for HNW individuals

In an international survey carried out by deVere Group in the last quarter of 2013, 38 per cent of those polled said that their ultimate objective for the year ahead was to build their retirement funds.

£2m: Average Pay Award for JP Morgan's Top Staff in 2012 Revealed

Banks disclose figures in dying hours of 2013 to comply with new European rule demanding information on bankers' pay

Peter Hargreaves and Katherine Garrett-Cox awarded CBEs

Hargreaves Lansdown co-founder Peter Hargreaves and Alliance Trust chief executive Katherine Garrett-Cox have both been awarded a CBE in the New Year’s honours list.

Swiss private banking in clinch with high cost level

Nevertheless, the biggest wealth managers lost some market share to medium-sized competitors. Post-crisis low turnover and low interest rates still put pressure on returns, while cost levels remained sticky.

Antwerp Diamond Bank Bought By Shanghai Investor

The deal has been anticipated for years, ever since the Belgian government bailed out KBC for $9.5 billion during the financial crisis of the late 00's.

Duffield's Brompton buys Way Group's global fund range

As a result, WAY will continue to focus on the core business of trust management.

EW Group Makes Further Loan To European Wealth Management

The loan is a two-year loan and bears interest of 10%, payable monthly

Aberdeen Asset deputy in £5.4m shares payout

Aberdeen Asset Management's veteran deputy chief executive Andrew Laing has enjoyed a £5.4 million payday as he became the latest senior figure at the acquisitive fund manager to cash in stock.

Kleinwort Benson Announces Update on Regulatory Process for Proposed Acquisition of BHF-BANK

This information has already been provided.

Brooks Macdonald Group Acquisition

Option Agreement to Acquire Levitas Investment Management Services

UBS takes big stake in Ashcourt Rowan

The news follows an announcement by Ashcourt that it had entered into an agreement to buy UKWM, a north west England-focused discretionary and pensions management group, for £14.25 million. It ensnare

Towry acquires Lighthouse subsidiary AR in £500k deal

The firm said: “Having been approached and concluded that the holding was not strategic in nature, the group accepted the offer made for its shareholding in Deverill Black.”

Wealth and Asset Management