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

European Investment Banks’ Opaque Assets Fuel Capital Concerns

If there were to be a significant mistake or miscalculation where they have got the valuations wrong, that could be problematic.

Egypt's finance ministry names 4 banks to issue $3 bln eurobonds

In early August, Egypt's cabinet approved plans for an international bond issuance of between $3 billion and $5 billion.

A Call for Modesty in Executive Pay

A top executive at Deutsche Bank has proposed cutting executive bonuses, in response to the bank's poor performance and its elimination of dividends. CEO John Cryan also says dividends will not be paid in the coming year.

ABN Amro’s Second-Quarter Profit Drops on Legal Provisions

Europe’s largest banks have reported a drop in second-quarter earnings, hurt by volatile markets and record-low interest rates.

Deutsche Bank execs urged to waive their bonuses once more

Deutsche Bank shares in July slumped to an all-time low, prompting an exclusion from the Stoxx 50 index. Shares dropped 1.3% on Wednesday.

Banks Won’t Wait Around to See What Brexit Deal the U.K. Can Get

Some plans will take time to execute, and firms can’t afford to wait until Jan. 1, 2019, and risk not being able to do business.

What UBS' Failed Monte dei Paschi Bid Really Means

He worked as a FIG banker largely behind the scenes until he was catapulted to finance chief of UBS the bank’s third in two years in September 2008.

The amazing forgotten Barclays recruitment video.

The same cannot be said for the truly, truly excellent Barclays Capital recruitment video from 2006 which we’ve posted below.

The transformation and decline of Deutsche Bank

Shares of Deutsche Bank and Credit Suisse have been dropped from the prestigious Stoxx Europe 50 share index. Is European banking in decline? And if so, what are the factors that led to its current parlous state?

Chairman of Cardiff City football club eyes Panmure Gordon bid

The 140-year-old stockbroker, where David Cameron’s late father Ian was a senior partner, is one of the most venerated names in the Square Mile.

Monte dei Paschi woes add up to large fees for investment banks

Lenders are offering lucrative opportunities

M&A In The Italian Banking System: Round One

On the other hand, the industry is deemed to be too fragmented with players too small to face this turbulent scenario, due to high costs and lower margins compared to their European competitors.

JPMorgan Says Libor Probes Ended in U.S., U.K. After EU Penalty

The bank said at the time this concerned the conduct of two former traders during a one-month period in early 2007.

FMO, Norfund and Rabobank team up in financial investment

They said as a proactive shareholder they would engage in a handson manner with NMBZ to help it grow and realise its ambitions.

Snouts in the ARM trough: Investment bankers, advisers and top brass need to slow down, says Alex Brummer

Investment bankers, advisers and ARM's top brass, all about to become fabulously rich, need to be slowed down.

J.P. Morgan’s Jamie Dimon warns of higher banking fees after Brexit

The loss of passporting rights could be expensive for customers and the industry, JPM’s chief executive warns

HSBC quarterly profit falls 45%; bank plans $2.5b buyback

HSBC is contending with slowing economic growth in China and the prospect of a recession in the UK

EIB boosts Piraeus Bank investment loan portfolio for SMEs

The EIB said in a press announcement earlier this week that the agreement incorporates an initiative for offering competitive borrowing rates to businesses that promote youth employment.

EIB to invest 750 mln euros in Portugal to foster employment

Priority will be given to small and medium projects of less than 50 million euros to be implemented.

Commerzbank: Best Trade Bank in Germany

Commerzbank continues to strive to adapt to technological innovations of our new ‘digital era’

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