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

Barclays CEO Sees Fewer Bankers Earning Top Pay on Overhaul

Barclays Plc Chief Executive Officer Antony Jenkins said the U.K. bank will have fewer “very highly paid” workers after revamping investment banking.

UK green bank passes £5bn milestone

The UK Green Investment Bank has mobilised more than £5 billion of funding for clean energy projects in the two years since starting up.

Barclays Announces Changes to Its Benchmark Fixed Income Indices

Minimum credit rating for Barclays’ flagship WGILB and EGILB indices to be lowered to Baa3/BBB- from A3/A-

BNY Mellon appointed trustee and portfolio administrator for Avoca CLO XII Limited

Arranged by Credit Suisse, Avoca CLO XII Limited is the third European CLO 2.0 KKR has launched. BNY Mellon has been appointed as trustee and portfolio administrator on all three issues.

RBS Said to Weigh Sale of Mideast Loans Amid CEO Review

Royal Bank of Scotland Group Plc, the U.K.’s largest taxpayer-owned bank, is weighing the sale of its Middle East corporate-loan book as it review its international business

Barclays Mulls Eight-Way Restructuring Before BOE Rules

Barclays Plc is considering shifting its businesses into eight entities in response to rules forcing Britain’s largest lenders to separate retail operations from riskier investment-banking units, an internal document shows.

Where should you work in investment banking if you’re a social creature

You may even find yourself at parties after work.

Crash, recovery and why boring is good for banks

It was a chilling, stark moment, says Anthony Browne, head of the British Bankers’ Association: the day in September 2008 when Lehman Brothers collapsed, triggering a worldwide financial crisis.

Citi Becomes the ‘Bank for the Bridge’

Citi, the global bank, has provided the first major corporate donation to the Garden Bridge Trust and will be its official banking partner

Barclays’ strategy backfires as role-based pay hits £111k per head

Barclays' investment bank is not complying with the strategy set out for it

ECB Hires Managers for ABS Purchases Due to Start Next Month

The European Central Bank picked four asset managers to aid purchases of asset-backed securities that it says will start next month.

Societe Generale puts Brazil assets up for sale

French banking group Societe Generale has been negotiating the sale of its Brazilian assets to major local banks for the past four months

Interview - Head of Customer Innovation & Perception, HSBC

Improving customer experience has become the Holy Grail of banking.

Bank Of China Opens Regional Centre In Budapest

The BoC is in close cooperation with Hungary’s Eximbank, and has so far assisted Wanhua’s investment project at the Hungarian company Borsodchem with jointly provided loans totalling 70 million euros, Szijjártó said.

Monte Paschi has biggest capital gap in ECB tests, may seek merger

If growth doesn't return, it will be very difficult to have a solid banking system in the long term

Wells Fargo to move into Ireland

Wells Fargo is assessing the Irish market with a view to entering it in the coming months.

Societe Generale to move London branch to Canary Wharf

A worker looks at his phone at the Canary Wharf business district in London February 26, 2014.

Nordea Bank Committed to Banking Operations in Russia

CEO Cites Slowing Russian Growth and Need to Screen Transactions for Compliance with Sanctions as Obstacles

Barclays invests £2m in digital agency to help it win blue-chip clients

Barclays has agreed a £2m trade loan to digital marketing firm 77Agency to help them land blue-chip contracts.

Barclays Dark Pool Won’t Regain Ranking, Bernstein Says

Barclays Plc will never recover its second-place ranking among U.S. dark pool operators because a lawsuit alleging it lied to customers has permanently damaged its reputation

Investment Banking