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

Lloyds Bank might get boost from motor finance delay, says KBW

For the UK lender, KBW estimates a worst-case liability of £2 billion or 6% of this year’s projected book value.

CaixaBank reports a net profit of €2.68 billion up to June

CaixaBank Group expands its customer base and now serves 20.2 million customers across Spain and Portugal, through a network of over 4,100 branches.

NatWest snaps up Metro Bank mortgage book in H1 2024

H1 2024 attributable profit totalled £2,099m for NatWest and it also made a return on tangible equity (RoTE) of 16.4%.

Lloyds Banking Group 2024 half year results: how we’re delivering for customers

Customers are able to speak with us from the comfort of their own home

CMA sends letter to TSB about breaches of the Retail Banking Order

TSB became aware of the breach related to the Spend and Save Plus customers’ monthly statements on 1 August 2023.

RBS agrees £50m funding deal with social landlord

THG was first established in 2011 following the merger of six existing housing associations.

Cembra wants to exploit the benefits of the transformation

Expenses, which include ongoing investments in strategic initiatives and restructuring costs, remained stable.

Vanquis Bank reports surprise balance sheet hit after investigation

Following the review, the lender has revised Stage 3 balances down by £29m and said it would book the charge against the value of the vehicle finance portfolio.

Lloyds Bank set to close permanently this year

This comes as many people are moving to online banking rather than visiting their local banks in person.

Decoding the digital euro: A potential new means of payment

In June 2023, the EU Commission proposed the legal framework that could pave the way for the ECB to make the digital euro project a reality - and now it's up to the co-legislators to finalise it.

Barclays sells German consumer bank as part of plan to 'simplify' group

his is another example of disciplined execution

ABN AMRO completes acquisition of BUX, BUX becomes a subsidiary

This strategic acquisition marks a significant step for both ABN AMRO and BUX in the retail investment space.

Bank of Ireland looks to expand tech team

The bank is filling roles across data, delivery management, engineering, resilience and cyber.

Bank of Ireland announces creation of 100 new technology jobs

The group chief operating officer of Bank of Ireland, Ciarán Coyle affirmed the bank’s commitment to continued investment in talent, technology and infrastructure.

Banks urgently need to update the way they monitor their systems

The industry reflects on the payday technical difficulties that effected HSBC, Nationwide and Virgin Money customers

Modernising banking in Romania: the Raiffeisen Bank approach

Bogdan Popa, VP of Operations & Technology at Raiffeisen Bank Romania, delves into the Romanian banking landscape, focusing on how technology enhances banking services.

Lloyds Banking Group and NatWest supported by ‘better than expected’ interest rate environment - analyst

At the same time, RBC analyst Benjamin Toms noted that “competition has not been that aggressive” over deposit pricing in the sector.

NatWest's deal for Sainsbury's Bank may be modest but provides long-term potential

The acquisition allows NatWest to diversify its offerings and tap into Sainsbury’s established customer base, potentially leading to a more integrated financial services model within the retail space.

CPI falls to Bank of England target of 2%

The Consumer Prices Index (CPI) rose 2% in the 12 months to May 2024, down from 2.3% in the 12 months to April.

Santander to take in-house-built tech platform global

Earlier this year, Santander set out plans to launch its Openbank digital offering