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

UK banks keep £100 limit for contactless card payments despite FCA scrapping it

Banking lobby group says lenders are holding off changes as there is no widespread consumer demand for now

Deutsche Bank says it will profit from battle for Commerzbank

"Whatever the outcome, I think we will benefit," Sewing said.

J.P. Morgan Payments rolls out virtual B2B card in Europe

European corporates can now access J.P. Morgan Payments’ expertise through its virtual card offerings to optimize their working capital by automating payment creation and reconciliation.

Vinted Pay obtains FCA EMI licence in the UK

Vinted Pay currently provides wallet services to members across multiple European countries.

Lloyds, Halifax and Bank of Scotland ‘technical glitch’ showing other users’ transactions to customers

It is not thought that users were able to see information such as account numbers or names attached to payments.

UK businesses adopting AI see strong gains in profitability and productivity

The findings come as investment in AI accelerates, with two thirds (66%) of UK businesses confirming they have invested in AI.

Banks are structurally disadvantaged in the lending business. How they adapt is a strategic imperative.

It is a durable reorganization of who intermediates capital in the middle market—one that banks and their technology partners must address with urgency and clarity.

ABN Amro extends Worldline contract as payments firm launches share capital increase

ABN AMRO and Worldline share a distinguished partnership built over decades.

Raiffeisen reportedly close to taking over Garanti Bank Romania

Garanti BBVA Romania was put up for sale again last year by the BBVA group after a previous attempt to sell the subsidiary in 2020 was halted during the COVID-19 pandemic.

Irish banks launch Zippay digital payment service to compete with Revolut

Zippay is an in-app service offered through customers’ existing mobile banking apps and will begin rolling out on a phased basis to users from Tuesday

CIBC Caribbean to discontinue Great Britian pound cheques and bank draft services

Clients currently holding Great Britian pound cheques and bank drafts are strongly encouraged to present them at one of the bank’s branches for encashment or deposit them to an account before 31 March 2026 to ensure timely processing.

AlbaCore and MUFJ launch infrastructure debt platform

Platform will provide scalable and sustainable access to UK and European infrastructure debt through the future launch of investment grade and high yield investment strategies.

Bank of England to Scenario Plan an AI Shock Amid Job Loss Fears

The UK central bank will also consider whether to incorporate the assessments into its broader banking stress tests

Consumer investments priorities: strengthening trust, supporting investors

Through all this, we recognise that the consumer investments landscape is changing – and we want to hear from firms.

Lloyds moves account openings fully online – report

Staff will direct customers to use the bank’s digital platforms for the services.

Santander and Mastercard complete Europe’s first live end-to-end payment executed by an AI agent

The transaction was processed through Santander’s live payments infrastructure to validate the end-to-end operational and control framework under real conditions.

“People think it’s risky”: EM debt reassessed

Perceived risk remains the biggest barrier to adoption, but data tell a different story.

NatWest Group commits £8million for debt advice organisations to help support people in financial difficulty

The continuation of the bank’s over 20 years funding partnership with the UK debt advice providers will help to safeguard and extend the independent and free services they provide for millions of people struggling with debt and money worries annuall

BBVA channels €134 billion in sustainable business in 2025 (+44 percent), a new annual record

This figure marks an annual record for the financial institution, which aims to mobilize €700 billion between 2025 and 2029.

Bank of Beirut UK Goes Live with Temenos to Scale Corporate Banking and Trade Finance

The deployment is designed to strengthen the institution’s position as a trusted partner for businesses and correspondent banks operating across the UK, Europe, Africa, and the Middle East.

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