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

Bank Generali: PR: 1H 2022 Results

Net profit: €131.3 million

Lloyds restructure costs up £37mn after Embark deal

The bank's operating costs also increased by £53mn between January and June this year, up 11 per cent on last year.

Shop price inflation rises to 4.4% in July - the highest rate since 2005

Households and businesses must prepare for a difficult period as inflationary pressures hit home, says the chief executive of the British Retail Consortium.

Paragon Bank hits milestone £10bn in savings deposits

The achievement comes eight years after the bank launched its first savings account and as it approaches 250,000 customers.

TSB to hand out £1,000 cost-of-living bonus to 4,500 staff

The money will be paid in two stages – the first in October and the second next February.

Lloyds Banking Group to close a further 66 branches from October - here's a full list, plus alternative options

The banking group said visits to the latest 66 branches due to close have fallen by 60% on average in the past five years.

NatWest establishes NatWest Bank Europe GmbH in Frankfurt

New European entity will be fully operational later this year

UBA Group Expands Operations to EMEA, Launches New Branch in Dubai

The UBA branch in the DIFC would service corporate & financial Institutions and customers across the Middle East with a core focus on correspondent banking, relationship management and advisory services.

Barclays to close more branches

Since the start of 2022, the bank has already closed dozens of its branches.

Unicredit sells non-performing loans portfolio to Illimity

The sale is part of UniCredit's on-going strategy to reduce non-performing exposures.

Saxo Bank named Best Prime-of-Prime Broker and Best Retail FX Platform at the FX Markets e-FX Awards 2022

For the 20th edition, the FX Markets e-FX Awards held in London recognise the dedication, skill and creativity that market participants pour into the growing, changing world of electronic foreign exchange trading.

Deutsche Bank installs app on bankers’ phones to track private messages

Movius software to monitor calls and texts following widespread regulatory probes of inappropriate contact

Allica Bank scores £55m in debt and equity

In addition, the lender can draw on the £30 million capital facility from British Business Investments - a wholly-owned commercial subsidiary of the British Business Bank.

EBRD and ProCredit Bank support small businesses in Serbia

SMEs account for the bulk of all enterprises registered in Serbia and are the engine of the country’s economic growth.

BCI Group – Banque pour le Commerce et l’Industrie announces the acquisition of CapitalCompliance and CapitalDigital from Capital Banking Solutions

Our digital solutions will allow the BCI’s customers to access their accounts, directly from home.

Retail Banking