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

Cembra Posts Double-Digit Half-Year Profit Growth

Cembra Money Bank increased its net profit by 11 percent to 87,2 million francs in the first half of 2025, confirming its strategic trajectory.

Reimagining the future: how AI is transforming Lloyds Banking Group

Artificial Intelligence (AI) is no longer a futuristic concept; it’s a present-day catalyst for transformation. At Lloyds Banking Group, we’ve embraced this reality with purpose and ambition.

Santander, world’s best retail bank, according to Euromoney

The bank receives the ‘Best Bank’ award in Latin America, as well as in Argentina, Brazil, Chile, and Portugal.

Reimagining retail banking with Agent AI: Humanising scale, digitally

Agent AI could reshape how UK financial institutions deliver inclusion, trust, and empathy in a digital-first era explains Dr Gulzar Singh

Card spending falls -0.1 per cent in June, as hospitality and retail miss out on heatwave boost

The onset of summer festivals, weddings and sporting events contributed to a marginal 0.8 per cent increase in non-essential spending, led by the strong performance of entertainment and health & beauty.

UniCredit becomes first major bank in Europe to launch fast, secure foreign-currency payments through partnership with Wise Platform

This strategic collaboration makes UniCredit the first bank in Italy to integrate a fast, secure, and transparent solution for foreign-currency payments directly into its mobile banking app.

Leeds BS and L&C Mortgages open banking pilot streamlines mortgage applications

The pilot, which connects to Experian’s open banking platform, uses an automated process to access applicants’ recent financial history.

SocGen’s restructuring pays off as it takes French crown

Société Générale overtakes rivals in a mixed year for French lenders

Major UK bank axing six branches after announcing 55 closures

NatWest is set to close down six of its branches in coming days, following announcement that 55 would be shut for good.

ALEX BRUMMER: Beware of bank mergers - they can go horribly wrong

Barclays boss John Varley, married to a scion of one of the bank's founding families, even conceded that the headquarters would be canal-side in Amsterdam.

Council of Europe Development Bank Partners with TCS to Transform Reconciliation Processes

Through this partnership TCS will deploy its flagship product, TCS BaNCSTM for Reconciliations, to help the bank manage complex transactions and streamline processes using AI and automation

Lloyds group slashes overdraft fees – borrowers to save up to £299 a year

In a major U-turn on previous hikes, Lloyds Banking Group is cutting punitive overdraft rates for new and existing customers.

Allied Irish Banks return to private ownership

The Irish government controversially guaranteed the banks' liabilities which later led to huge taxpayer-funded bailouts.

TSB could be sold off by Spanish owner Banco Sabadell

TSB currently operates around 175 bank branches across Britain.

Millions of Nationwide customers to wake up to £100 bonus payments

Bonus payments to enter millions of bank accounts within days

Groupe BPCE to acquire 75% stake in Portugal’s novobanco for €6.4bn

The deal forms part of BPCE's VISION 2030 strategic plan, designed to expand its operations in France, Europe, and beyond.

The best bank account switching deals for June — with bonuses up to £310

The bonuses start off at £100, but if you’re willing to do a little more or stick with the bank for longer, the highest paying one is worth a healthy £310.

UK’s Starling Bank Reports Business Growth and Global Expansion Plans

These developments underscore Starling’s commitment to innovation, diversity, and customer-centric growth.

Lloyds taps BNP Paribas to power FX algo offering for clients

The partnership will help corporate and institutional clients trade large foreign exchange deals more efficiently, with greater control and transparency.

Luxembourg left out of Revolut’s new payment rollout

Revolut announced the service at Money20/20 in Amsterdam last week, one of Europe’s biggest fintech fairs.

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