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

The Dutch Bank Powering Swiss Corporate Deals

At ING in Zurich, this is how they celebrate every acquisition or sometimes even welcome visitors.

Barclays working to update account balances after tech outage

The bank said delayed payments had been processed but that it was still "addressing any outstanding issues", following days of disruption.

Dutch lender Volksbank fined for inadequate risk management

The bank last year said it would simplify its organisation, bringing all businesses under the ASN brand name, while eliminating around 750 jobs and closing almost half of its 600 local offices.

January results of the Bank Lending Survey (BLS) in Germany

Credit standards in all loan categories tightened

HSBC's global brand in the balance as it doubles down on Asia bet

It is more important than ever that we accelerate and sustain the forward momentum with a clear focus on the material and mutually beneficial agenda

Lloyds Banking Group to shut further 136 branches

Adding to previously announced closures, the group incorporating Lloyds, Halifax and Bank of Scotland will be left with 756 sites, against 932 currently.

NatWest to close 53 branches in 2025 - see the full list of locations

Now it plans on closing a further 53 NatWest branches in 2025.

FCA, PSR: Next steps for open banking – industry reaction

The FCA and PSR have revealed plans to accelerate adoption of variable recurring payments.

Santander's Openbank stengthens presence in Germany with local ibans and loans offering

In addition to offering German IBANs, customers can now apply for personal loans of up to 24,000 euros with terms of up to 60 months.

Openbank strengthens its business in Germany with local IBAN and credit offer

Openbank will gradually further expand its product and service offerings in Germany over the year.

Santander reviews UK retail banking presence amid broader assessment, source says

Santander's review is part of a regular assessment of its major businesses, the person said speaking on condition of anonymity because they were not authorized to speak publicly.

Commerzbank explores thousands of job cuts as it seeks to fend off UniCredit, FT reports

Commerzbank did not immediately respond to a Reuters request for comment outside regular business hours.

Half of UK BNPL users unaware of late fees

In addition, 15% of BNPL users have incurred late fees, with this figure rising to 22% for those with ‘poor’ or ‘very poor’ credit scores.

Brace yourself: Europe’s payments revolution is here

This supports the region’s rapidly growing digital economy and evolving consumer demand for fast, affordable and transparent payments.

Open Banking celebrates seventh anniversary in the UK

In conjunction with the CMA Order, this made open banking a regulatory requirement in the UK.

Lloyds, Halifax and Bank of Scotland to share branches

A raft of High Street bank branches have been closed in recent years, as more people have shifted to accessing banking services online.

Societe Generale: An Unprecedented IT Merger to Create SG, A New French Retail Bank

This meant that the organisations had to consolidate their information systems to ensure company-wide standardisation.

BPM Plans Risk Transfers Tied to €4.5 Billion in Loans While Trying to Fend Off UniCredit Bid

They are part of Banco BPM’s regular issuance program for the transactions

Lloyds and Mastercard to lead new SME technology coalition with CFIT

The new packacge of funding and bank support will build on previous initiatives under CFIT that have explored options for Digital IDs and Open Finance.

BIS CPMI takes further steps to promote ISO 20022 harmonisation

These steps also provide impetus to industry-led efforts to develop ISO 20022 market practice guidelines for cross-border fast payments.

Retail Banking