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

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’

Brexit boost eludes Europe's investment banks, shows growing gap with Wall Street

Despite increased revenue at Barclays and BNP Paribas from fixed income, commodities and currencies, a category which includes bond trading, the outcome for the European sector as a whole remained weak.

Bank fraud could happen again, freed rogue trader warns

A former UBS trader jailed for fraud after losing the bank £1.4 billion has said it could happen again.

HSBC on top as Brits pile in with post-Brexit bonds

HSBC worked on five of the week's deals more than any of its rivals and winning a leading share of the market by value.

Bank of England prepares to cut rates into uncharted territory

There is a chance these reports reflect a knee-jerk reaction to the vote, so the question the BoE faces this week is how aggressively to react.

Door open for Barclays to cut Africa stake below 50%

Barclays CEO Jes Staley, who took over a year ago, decided in March to sell down the stake in its African operations

Green Investment Bank Backs Plan To Turn Waste Into Power And Heat For Kent Paper Mill

The Green Investment Bank may be in the midst of a long-running privatisation process, but it is not stopping the bank continuing to mobilise investment in low carbon infrastructure.

Banco Popular Posts 99.9 Pct Drop In Q2 Net Profit

Popular finalised in June a 2.5-billion-euro capital hike to clean up its balance sheet and announced provisions of 4.7 billion euros which it said could lead to overall losses of 2 billion euros in 2016

Deutsche Bank chief warns of deeper cuts after quarterly revenue drop

But in contrast to some European peers, Deutsche is sticking with its strategic focus on investment banking.

UniCredit to ask authorities to investigate possible market abuse

Shares in both UniCredit and its online broker Fineco fell 4 percent on Wednesday as the Milan stock market gained 1 percent .FTITLMS.

Deutsche Bank's second-quarter net income plunges nearly 100% year-on-year

Its second-quarter net income was down 98 percent from the same period in the previous year, to 20 million euro ($22 million), while revenues were down 20 percent to 7.4 billion euro.

Deutsche Bank to Further Decline Post Q2 Earnings?

The industry wide weakness and global concerns were further fueled by the recent Brexit referendum which adversely impacted the bank stocks.

Global financial firms plot Dublin opportunities in post-Brexit era

Housing, school shortages and cautious regulator may limit scale of new business

HSBC said to sell $2.7b of loans to trim risk-weighted assets

HSBC’s shares are down about 20 per cent in the past two years as its profitability declined and the bank was hit by a series of misconduct fines for manipulating currency markets and aiding money launderers.

Goldman Sachs under fire for role in collapsed UK deal

The collapse of BHS, once a staple of the U.K. high street, has left a £571 million ($750 million) pension deficit and led to the loss of over 10,000 jobs.

Investment Banking