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

Rabobank raises savings account interest rate above 1 percent; First major Dutch bank

Higher interest rates at the ECB are reflected in the interest rates on savings and loans from banks.

Natwest expands intermediary business development team

The change will bring more support and expertise on the phone, with the BDAs helping brokers get the information they need quickly.

Why BNP, UniCredit and Other European Banks Aren’t Stressed Out

Financial institutions in Paris, Frankfurt, London and Milan aren’t seeing contagion from the US banking turmoil.

Age UK calls on banks to accelerate roll out of shared banking hubs

The research also found that nearly a third of older people with a bank account (31 per cent) - equivalent to 3.25 million people[vi] - feel uncomfortable with online banking, despite its growing popularity in recent years.

Lloyds Banking Group and Crisis announce new partnership

Together, Lloyds Banking Group and Crisis are calling for one million new genuinely affordable homes to be built and made available to those on the lowest incomes, with a focus on supporting people at risk of, and experiencing homelessness.

imagin launches a collection of NFTs dealing with the challenge of collecting plastic from the ocean, for customers who deposit their paychecks directly

It is the first project in Europe that, through blockchain technology, demonstrates the impact of the involvement of end users in ESG initiatives.

CaixaBank launches an interactive experience in the metaverse to raise awareness of taking better care of the environment

Through virtual reality, the bank intends to raise awareness of how to contribute to creating a cleaner and more sustainable world in a fun and educational way.

How does a higher Euribor affect a variable-rate mortgage?

Variable-rate repayment also factors in a fixed rate known as the “spread”, plus the outstanding principal and the remaining term.

Bank of London submits rescue bid for UK arm of Silicon Valley Bank

The Bank of London has confirmed an offer for SVB UK as start-up founders warned Jeremy Hunt that its collapse will "cripple" the British tech sector, Sky News learns.

Lender to double Irish loans to €2bn

The lender recorded growth in loans to retail, dental and healthcare firms.

UK challenger banks and specialist SME lenders overtake incumbents

The report reveals the smaller business asset finance market also reached a record level in 2022, with an increase in new business of 11% in 2022 to £22.1 billion.

Danske Bank sells startup jobs platform

With more than 10,000 companies registered and 1,000+ jobs posted every month, TheHub is a success story.

Lloyds Banking begins GBP2 billion share buyback programme with UBS

The buyback announcement had accompanied a cautious outlook for the year ahead on Wednesday, as Lloyds said it expects the benefits of rising interest rates on its net interest margin to begin fading.

Lloyds Banking Group hits back at criticism over savings rates

Lloyds and other banks have been criticised for not offering competitive levels of interest rates for savers.

Co-operative Bank front runner in Sainsbury’s loan book purchase bid

UK’s challenger lender Starling Bank, too, was previously interested in the mortgage book but has now backed out.

Atom Bank makes London IPO intention clear

Atom raised significant funds last year, with a £75m round in February 2022 followed by a November boost of £30m.

Dominant Russian lender Sberbank's profits rise 9.8% y/y in Jan

The bank, which serves nearly 107 million retail clients, returned to profitability in the latter half of the year, increasing its capital and capital adequacy and seeing growth in several areas of its business.

Danske Bank Annual report 2022

Highlights and Carsten Egeriis on the results

Barclays sets out its flexible banking strategy

Barclays continues to adapt its physical footprint in response to declining customer branch usage, alongside the increase in customers using digital channels to bank.

BoE stats show mortgage lending plummets and reliance on consumer credit dips

While mortgage rates have dipped somewhat since the highs seen towards the end of last year, monthly costs remain far higher than many people had become accustomed to in recent years.

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