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

CaixaBank is the first bank in Spain to launch the "wallets" service for international payments

The new FXWallets service is bringing to international payments all the advantages and security of traditional accounts

Santander axes popular current account as new product launched with £30 a month perk

Some Santander customers will be given the option to switch to the new account while keeping all their old details

Deutsche Bank's new retail boss primed for sector shake-up

Banks have lost the role they played in society over the last 20 to 30 years.

When is the next interest rate announcement and how much could it rise?

The purpose of adjusting the Bank Rate is to influence the spending behaviours of individuals, ultimately impacting the overall economy.

Royal Bank of Scotland launches new fund to help community groups realise their climate ambitions

A new £150,000 fund to support causes that operate in Scotland and are undertaking a sustainability project launches today (June 19).

Fidelity pushes into European corporate lending as banks retreat

Asset manager to launch fund that will make secured loans to midsized European businesses

The CEO of Europe’s largest bank on innovation, new tech, and HSBC’s approach to crypto

The initiative garnered support from British Prime Minister Rishi Sunak, who believes it will foster innovation, create jobs, and solidify the U.K.’s position as a leading force in science and technology.

HSBC Agrees on Revised Terms to Sell French Unit to Cerberus

Nevertheless, HSBC has tweaked the terms of the deal, which is now expected to close in January 2024.

Santander, last major lender to reprice, will withdraw its mortgage deals this evening

"Santander was the only lender remaining that hadn’t repriced, so this was expected."

Danske Bank announces its new Forward ‘28 strategy and financial targets for 2026

Simultaneously we have focused on strengthening our commercial momentum, and Danske Bank is on a clear trajectory to exceed the original financial targets we set for 2023.

Barclays selects Boston Consulting Group for strategy refresh

As it looks to improve its valuation, Barclays has reportedly selected Boston Consulting Group to undertake a strategic review of its operations.

ClearBank and Allica Bank partner to bolster business banking for UK SMEs

The two banks are further establishing the partnership they started back in July 2021.

NatWest Group to Provide £1B in Additional Lending to UK Manufacturing to Support Net Zero Transition

Manufacturing in the UK is responsible “for nearly 10% of total economic output, and over 8% of all employment in the UK.”

Al Rayan Bank UK relocates headquarters to London’s West End

The new premises at No 4 Stratford Place, W1C, will serve as Al Rayan Bank's UK headquarters and registered head office.

Banca Ifis and the Mediobanca Group sign an industrial partnership in the NPL business

The partnership has a strong industrial rationale, as it strengthens Banca Ifis’s leadership position in the small ticket unsecured segment of the NPL loans market.

LHV Banks extends maximum loan size to UK SMEs to £5 million

In addition to the Manchester office serving the North, LHV Bank plans to begin issuing loans in the South from its London headquarters.

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.

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