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

Banks on the high street 'to halve in number'

Study claims public's demand for 24-hour access will make retail branches obsolete

Is it time to ring-fence investment banks from themselves?

This, the cacophony argues, should either take the form of a full Glass-Steagall-style separation or the ring-fencing of the banks’ retail and small business banking arms to protect them from their nastier and larger investment banking cousins.

Barclays reassures staff that Bob Diamond's 'baby' is safe

"This is inevitable in a situation such as this – but it is simply speculation. In the face of that, it is important that you hear from us, on behalf of the Board, an unequivocal statement: our strategy and business model were right for Barclay

FN100 methodology: Investment banking

In previous years, the investment banking category has included the heads of the corporate and investment banking arms of European banks, mainly because their group chief executives were included under the ‘chief executives’ category.

UK banks 'spending millions to influence govt policy'

In addition, lobbyists managed to end government plans to create a new watchdog to oversee the financial industry.

Britain and banking: Back to the 1830s

In Britain during the early 19th century, paper money was not as we know it today – all reassuringly bearing the head of the Queen and the stamp of the Bank of England.

The Real Loss For Jamie Dimon And JPMorgan Chase: Their Integrity

The disaster that has emanated from JPMorgan’s chief investment office continues to grow.

Jefferies eyes Asia as European revenues slip

The US bank said in a filing on Monday that revenues in Europe for the six months to May 31 were $202.8m, down 15% on the $235m it made during the same time last year.

Investment Bankers Face Termination As Europe Fees Fall

Investment bankers in Europe are girding for a second wave of job cuts in less than a year after the euro area’s debt crisis drove fees from mergers and securities underwriting to a nine-year low.

Lloyds Banking nears loan-portfolio sale: report

The appointments are part of group chief executive Jonathan Polin’s change management programme, and what is described as an acknowledgement of the pair’s contribution in the group’s restructure.

BAILED-OUT Royal Bank of Scotland

A Sun investigation uncovered the plan which will be greeted with fury by angry taxpayers.

Ailing Britain's central bank turns money taps back on

There is no guarantee the new cash injection, which the bank linked directly to the worsening backdrop in the euro zone, will offer a major boost to an economy officially in recession since late last year.

Moody’s: Barclays could move away from investment banking

Moody’s highlighted that senior resignations, including chief executive Bob Diamond, chairman Marcus Agius and chairman of the securities industry and financial markets association Jerry del Missier, meant that shareholders had uncertainty “su

ECB moves to kill zombie bank financing

The ECB said Tuesday that it won’t accept any more government guaranteed bonds as collateral.

FSA bank chief Andrew Bailey warned Barclays over culture

Andrew Bailey, the head of the Financial Services Authority's bank supervision arm, was the senior regulator who warned Barclays' executives of failings in its culture, the Times reports.

ECB Tightens Lending Rules on Banks

In a statement on its website, the ECB said it would cap at current levels the amount of government-guaranteed debt that banks can post as collateral in return for its loans.

UK banks losing global clout to Chinese rivals

Chinese banks are steaming ahead of their UK and continental European counterparts in world rankings, according to findings released by The Banker magazine.

Helaba Takes Over S-Group Bank Business of WestLB

The S-Group Bank will be transferred with a goodwill of zero Euro.

HSBC Holdings is the only UK bank remaining in the global top-ten for tier-1 capital strength

UK banks continue to lose ground in terms of international strength and stature.

Global investment banking fee income falls 25%

The fees totalled nearly $14 billion in the second quarter, down from more than $18 billion in the first quarter of 2012. Year to date, fees have totalled $32 billion, down 25 percent from the same period in 2011.

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