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

Danske Bank no longer placed under AML investigation in France

This means that Danske Bank is no longer placed under formal investigation, but still forms part of the investigation as an assisted witness.

US advisory weakness hurts UBS

The bank, like others, was affected by the low volatility across financial markets.

UBS, Morgan Stanley and Belgrave top 2017 table

Fourteen of 20 best-performing funds specialise in investing in China

Santander to Transfer Part of Investment Bank From London to Madrid -Expansion

Santander says the move won't lead to job transfers nor impact the bank's capital ratio

SocGen faces loss of €2.2bn tax credit from rogue trading scandal

Société Générale is France’s third-largest bank by market value

Germany's Continental hires JP Morgan for potential break-up

Continental said last week that it was in talks about a possible structural overhaul, confirming media reports, and pledged to flesh out its plans within six months.

Investment bank Houlihan Lokey buys Quayle Munro to build data and analytics group

Quayle Munro was founded in 1983 and is based in London with a team of 40 financial professionals.

ABN AMRO Press Release: Update on fourth quarter results

Update on fourth quarter results

BNP Paribas seizes Brexit opportunity to boost UK operation

Ambition to advise more British companies comes amid hiring spree at French bank

Italy's largest bank to invest €5 billion into the nation's tourism sector

Italy’s tourism sector is worth €185 billion a year

JFD Brokers acquires control of German investment bank ACON

The move to acquire ACON will see JFD diversify away from online brokerage into complementary areas such as asset management and capital raising.

SocGen to book $450m charge in the fourth quarter

SocGen added that from 2018, “the decrease of the federal tax rate will have a favourable impact on the profitability of group operations in the US”.

Spanish Bank Eyes Post-Brexit HQ in London

Alantra Partners bucks trend of firms pulling back from U.K.

Deutsche Bank hiked salaries for its VPs in London

The latest rises follow significant rises in VP pay at Deutsche in London in March 2016, when some VPs at the German bank saw their salaries go from £100k to £140k.

Cerberus sees room in Germany for Deutsche Bank and Commerzbank-Handelsblatt

Deutsche Bank on Friday said it would report its third consecutive annual loss for 2017

Deutsche Bank to post third consecutive annual loss

Revenue at bond-trading unit seen dropping 22% in fourth quarter

Why Investment Bankers Work for Free

Too bad this gift economy is limited to the elites.

HSBC opens China desk in Poland to further tap Belt and Road opportunities

The new service in the Polish capital Warsaw brings the number of HSBC's China Desks to 24 globally.

Investment banking fees at record high in 2017 - Thomson Reuters data

Fees for bonds beat mergers and acquisitions as the number one product, rising almost 15 percent to $31 billion.

JPMorgan, Goldman Sachs come top of banker pay league in Britain

The Wall Street banks’ higher pay packages show how they have bounced back more quickly from the financial crisis than their peers in Britain

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