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

Citi Appointed as Depositary Bank for Air Astana Group GDR Program

Air Astana’s underlying ordinary shares are also listed and trade on AIX and JSC Kazakhstan Stock Exchange (“KASE”) in Kazakhstan under the symbol “AIRA”.

HSBC, StanChart to Unveil China Property Drag

A key area of risk that will be scrutinized is the impact from China’s property sector.

Commerzbank is exploring the gap among Swiss companies with an offer

The German Commerzbank has entered into an agreement with the Franco-German banking group Oddo BHF for the equity brokerage and research business in Switzerland.

Commerzbank increases net profit for 2023 to €2.2 billion

Strategy is delivering

Citi hails positive impact of banking disposal at Tesco

Tesco said it expected to rake in a further £100m after the settlement of regulatory capital amounts and transaction costs.

Poland's Bank Millennium Q4 profit falls less than expected

Quarterly net interest income, adjusted for the cost of Poland's mortgage "payment holiday" scheme, amounted to 1.28 billion zlotys

Barclays announces 20 more branches to close - full list and dates

Almost 6,000 bank branches have now closed across the country with the move accelerating

BPCE sounds out rivals for asset management tie-up

AXA was reported to have explored the possibility of a tie-up with Natixis Investment Managers in 2017, but a deal never materialised.

HSBC regains crown as top UK dividend payer for first time since GFC

Overall UK dividends down 3.7%

A New Chapter Begins for CCF (Crédit Commercial de France), the French, Wealth and Human-Scale Bank

CCF provides tailored-made support to both individuals and professionals, offering a combination of relational excellence, expertise, and a commitment to fluidity and simplicity.

NatWest offers IP-based lending to support high growth businesses

Natwest will use valuations provided by specialist IP evaluation company ‘Inngot’ to identify and evaluate relevant assets that could be taken as security for loans.

Danske Bank to enhance customer experience with new platform

Backbase, a private fintech company founded in 2003 and headquartered in Amsterdam, is a renowned expert in engagement banking platform solutions worldwide.

HSBC reportedly eying Tesco Bank acquisition

The UK's largest banks have been linked to potential buyers of Tesco Bank. HSBC is the latest.

Mortgages in Swiss francs are expensive for the French bank

The customers claimed that they had been tricked into taking out risky mortgages in Swiss francs by the BNP subsidiary during the financial crisis.

HSBC Continental Europe: Completion of the Sale of Retail Banking Business in France, Including the Sale of HSBC SFH (France)

My Money Group and CCF are under the control, directly or indirectly, of funds and accounts managed or advised by Cerberus Capital Management L.P.

Retail Banking