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

Bank lending to return to growth in 2024 despite inflationary pressures

Total bank lending to UK businesses and households is forecast to return to growth this year

Nationwide, NatWest, Lloyds and Santander customers alerted to £258 payment

Customers with some of the more established high street banks may find they can get a better deal with one of these banks.

Access Bank UK expands footprint with Hong Kong branch

The launch of the Hong Kong branch establishes Access Bank UK

Completion of the acquisition of Tesco's retail banking business and commencement of long-term strategic partnership with Tesco

The acquired business includes credit cards, unsecured personal loans, deposits and the operating infrastructure which, following completion of the acquisition, will continue to be operated under the ownership and management of Barclays UK.

Barclays completes Tesco Bank acquisition

The agreement sees around 2,800 Tesco Bank employees working on banking products transferring to Barclays, from the 3,540 people currently work for Tesco’s banking wing.

Banco Santander to cut UK jobs as part of cost-saving efforts

The Guardian reported that most of the layoffs have already been completed, with the remaining cuts expected to conclude by the end of 2024.

NatWest launches building efficiency assessment tool

The tool will provide a quick insight on how customers can potentially improve the energy efficiency of their buildings and benefit from associated cost savings.

These neobanks score points in retail banking

Raiffeisen ranks 4th in the 2024 Consumer Bank Ranking for Switzerland with 62.9 score points.

Santander scoops best ESG initiative in payments prize at Pay360 Awards

The bank has received this accolade alongside Giesecke+Devrient (G+D), its partner in the processing and recycling of bank cards to turn them into street furniture.

Greece kicks off sale of stake in National Bank which could raise €727m

The price range has been set to between €7.30 to €7.95, Greece's bank bailout fund HFSF (Hellenic Financial Stability Fund) said on Monday.

VersaBank Recognized for continuing leadership in banking technology

Bank Named CIO Awards Canada Winner by IDC and CIO

Majority of advisers say consumer duty has been positive

At the start of the all day event, advisers present voted by 92 per cent to 8 per cent that the new rules have had a positive impact.

Nationwide offers £175 bank account switching bonus and 1% cashback

Previously when it has offered this switching bonus, it has seen a record number of people switch account.

Santander announces its participation in Project Agorá

The BIS and the IIF selected a diverse set of firms from applicants that met the eligibility requirements and other criteria laid out in the public call for participation.

ING customer switch: the bulk of onboarding wave has passed

The process of off-boarding ING customers is therefore not yet complete.

Retail banking study 2035: Adaptability and new advisory approaches as the key to future success

Despite the downward trend, margins still have a comfortable crumple zone.

Barclays struggling to sell stake in UK payments business, sources say

The difficulties come after a sell-off in the European payments sector over the last three years

Gonzalo Gortázar reaffirms CaixaBank's commitment to Morocco on the 15th anniversary of the bank's arrival to the country

CaixaBank has become the preferred bank for Spanish companies with a presence in Morocco.

Germany Ushers In End of Commerzbank Rescue With Sale Plan

The agency announced on Tuesday that it plans to reduce the investment, without disclosing by how much.

Natwest and HSBC stand out in strong UK bank sector, says Citi

Indeed, the only negative Citi can find is an uptick in the deposit-mix shift, but even here there is lower than last year it says and deposit activity overall is stable.

Retail Banking