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

JP Morgan Chases the prize of digital banking in the UK

JPMorgan has the brand prestige, technology and deep pockets to make a powerful first impression.

The German investment bank that's expanding fast globally

The investment banking business, run by Chris Bowman with Matt Armitt and with Ben Wright co-heading advisory, now has 40 people up from 10 four years ago, and has priced eight IPOs already in 2020.

Deutsche Bank CFO Sees Robust Investment Banking Revenue

Says revenue from trading, advisory to drop less than expected

BNP Paribas Asset Management and Dynamic Credit Group agree partnership to boost private debt solutions

This deal offers PDRA the opportunity to accelerate the development of its Dutch mortgage capability.

Rothschild, Jefferies Outmuscle Big Banks in U.K. Deals Bonanza

“They’re constantly good on defense advice,” said Rupert Younger, director of the Oxford University Centre for Corporate Reputation. “It looks like relationship banking is back.”

Heligan Group reports year-to-date deals

Tim Watts, Heligan Group Partner, Jersey, commented: “Around two-thirds of transactions were in securetech and related businesses, and our potential deal flow in these areas for Q4 2021 remains strong.”

Goldman Sachs’s Petershill Plans London Listing

Listing would cash in on a boom for private equity, raising $750 million and valuing the vehicle at more than $5 billion

Citigroup eyes UK and Ireland investment banking growth amid ‘feeding frenzy’ deal boom

The UK investment banking market is booming, and Citigroup is expanding

Credit Agricole’s profit doubles even as investment banking lags

Its cost of risk – a reflection of provisions against loan loss – was down by 66.8%, while revenue rose 18.8%.

VTB accelerates relocation to Frankfurt as UK losses balloon to $213mn

That had led to business lines and other bankers being relocated from London to Frankfurt in the wake of Brexit and the retention of severe sanctions against the bank.

Societe Generale joins Wall Street pay battle with salary bump

French bank hikes packages for front office roles as war for talent continues

Me me me … bankers chasing bigger bonuses

Investment banks, and banks generally, had a great run last year – thanks to taxpayers

The market is overlooking the change in Europe’s investment banks

Resilience through the pandemic shows how much has changed for sector

Credit Agricole Profit Beats as Bad Loan Provisions Decline

After setting aside billions of euros last year when the pandemic shut down the economy, European lenders are showing optimism that vaccination could stymie a recovery, translate into falling provisions and boost profits.

Bank of Ireland at a competitive disadvantage on remuneration - CEO McDonagh

Ms McDonagh said the restrictions were the 'right thing at the right time' but now was the time for a remuneration policy shift as the government prepares to sell down its near 14% stake in Bank of Ireland.

Global Banks’ $170 Billion Haul Marks Most Profitable Year Ever

Banks with wealth and asset management units enjoyed buoyant equity markets as the world economy began to recover, aided by unprecedented government support programs.

SocGen reports best first-half performance in 5 years

Paris-based bank’s €1.4bn second-quarter net income is 68% ahead of analysts’ forecasts

Income investing in the summer of the UK ‘super dividend’

Income investors are enjoying a bumper crop of payouts this summer — but are they sustainable?

EBRD and Jordan Securities Commission strengthen cooperation

The EBRD is providing technical assistance to bolster the resilience of Jordan’s capital market, supported by €1.05 million of funding from the government of Japan through the Japan-EBRD Cooperation Fund (JECF).

Credit Suisse Group announces second quarter 2021 financial results

Our underlying business performance remains solid with a record level of assets under management in our Wealth Management and Asset Management businesses, supporting strong growth in recurring commissions and fees.