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

KPMG appoints Downey to EMEA head role

Downey joined KPMG in 1989 after a career in the civil service

Deutsche Bank private wealth unit boosts London City executives team

Matthew Garnham and Corin George have joined the desk as vice presidents, relationship managers.

Credit Suisse, UBS could cut a total 7,000 jobs

UBS is to cut 3,000-5,000 jobs as part of cost-saving measures to offset falling profit, while rival Swiss bank Credit Suisse may announce 1,000-2,000 cuts, Der Sonntag newspaper reported.

Former Aegon communications chief joins the ABI

“There are a lot of issues for the ABI to tackle. I am looking forward to working with the team.”

RBC Wealth Management boosts Eastern Europe desk

They have been mandated to expand RBC Wealth Management’s reach into the Eastern European markets, including the CIS (Commonwealth of Independent States) region.

Silicon Valley Bank Strengthens UK Private Equity Services Group

Silicon Valley Bank, financial partner to the technology, life science, cleantech, private equity and venture capital industries, has bolstered its UK- based Private Equity Services Group

Barclays to Cut Europe Equity Jobs in Cost Reduction Plan

Barclays is cutting just under 10 percent of staff in its equities division in Europe, Middle East and Africa as part of a plan to reduce costs amid a slump in trading volumes, said people with knowledge of the matter.

Legal & General reshuffles overseas business

L&G sees substantial opportunities to accelerate the growth of our international businesses using many of the capabilities and synergies from our market leading UK businesses.