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

Anshu Jain haunted by rainmaker past as Deutsche Bank fines multiply

Anshu Jain is under pressure to keep Deutsche Bank out of the headlines and focus on fulfilling its potential

BNP Paribas plans to float separate clearing business division

The business restructuring of Capital Markets and Securities Services units will also help BNP Paribas to deal with ever changing regulatory environmen

Barclays Investors Urged to Oppose Pay Chief Re-Election

Barclays Plc shareholders should vote against the re-election of the bank’s compensation committee chairman John Sunderland and oppose its pay awards.

BNY Mellon reappointed by Sweden's AP7 to provide global custody and collateral services for $28.8 billion in assets

BNY Mellon, a global leader in investment management and investment services, has been reappointed by Swedish state pension fund Sjunde AP-fonden to provide global custody and collateral services to assets valued at $28.8 billion.

Hounding of investment banks 'puts City in danger’

Britain's leading fund managers have warned London risks losing its place as Europe’s financial centre if investment banks are “hounded” out of the country due to public anger over bonuses.

After ABN, other Dutch banks eye new life

If growth was your main objective then you’ve got a difficulty in this market

BNP targets annual growth above six percent for investment bank

It also said it had increased its Asia staff by 400 net as part of a hiring spree to increase exposure to Asia Pacific

BNP Cutting 1,600 Jobs in Ukraine as Turmoil Escalates (1)

BNP Paribas SA, France’s largest bank, is cutting 1,600 jobs at its Ukrainian unit, or more than 20 percent of the workforce, as the country faces mounting unrest and a standoff with Russia.

BNP Seeks Annual Revenue Growth Above 6% at Investment Bank

BNP Paribas SA, France’s biggest bank, is seeking a rebound at its corporate and investment bank as it sets out three-year growth plans amid signs Europe’s economy is recovering.

Fund manager pay outstrips investment banks

Asset management companies are matching pay levels in the investment banking industry in response to rising competition for talent between the two sectors.

Dubai banker bonuses nearly twice as high as in London

Professionals shouldn’t underestimate the fluidity of recruitment in banking in the U.A.E

Downsized Dutch banks start again in tough local market

Dutch banks ABN Amro and ING, once the pride of Amsterdam's international financial hub, are emerging from government bailouts to face a very different future in their local markets.

Is this the most simultaneously interesting and underpaid trading job in an investment bank?

If you want to work as a trader in an investment bank, you probably haven’t thought of targeting the ‘capital management desk’.

Deutsche Bank on track for FY targets, hikes bosses pay

Deutsche Bank is on track to meet its 2015 targets in investment banking

Credit Agricole eyes four billion euros net profit by 2016

Credit Agricole aims to lift net profit by 60 percent to over four billion euros in 2016

Investment banks should cut balance sheets by $1 trillion

Investment banks must take tough decisions to quit ailing business areas and should reduce their balance sheets by $1 trillion or almost a tenth to lift profitability

Bankers are not all wolves - TSB will bring trust back to banking

Banks have spent the past six years making headlines – for all the wrong reasons.

Barclays Said to Miss Alibaba IPO Fees by Defying SoftBank’s Son

The investment bank lost the chance to be among firms sharing hundreds of millions of dollars in fees from Alibaba Group Holding Ltd.’s initial public offering when it advised and financed Charlie Ergen’s failed effort to buy Sprint Corp. last

Deutsche Bank Said to Plan Job Cuts at Investment Bank

Who asked not to be identified because the details aren’t public.Managing directors are included in the plan, they said.

Barclays to sell IPRS unit as part of investment bank overhaul

Shares in Barclays were given a lift by stories that the bank is weighing up the possible disposal of its Index, Portfolio and Risk Solutions unit, with two rival buyers mooted.

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