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

Monte Paschi Said to Seek Offers for Managing Its Bad Debts

Monte Paschi erased an earlier drop of as much as 2.9 percent and closed 0.3 percent higher at 59 euro cents in Milan trading.

ACI Worldwide Announces Collaboration with Raphaels Bank

Enables payment service providers and challenger banks to access UK Faster Payments Scheme

New UK bank, CivilisedBank, submits banking licence application

It will also offer savings and investment products to retail customers.

Lithuania: Transfer of Danske Bank's retail banking clients to Swedbank has begun

This will increase its loan portfolio by almost 500 million euros and bring its market share to 40 to 50 per cent.

JC Flowers and Apollo Circling Irish-based Bank

US private equity firms JC Flowers and Apollo are among bidders circling a Dublin-based bank which is being sold under the wind-up of failed former German lender WestLB.

Cyprus NPLs here to stay

Clerides is worried that expectations are being built that cannot be fulfilled.

Barclays set to offer perks to customers to ramp up profits at its credit card business

The changes are part of Barclays chief executive Jes Staley’s push to bring the bank back to its roots as a High Street lender.

150 more jobs to be cut at Clydesdale bank as lender announces £450million hit

The £450m has been set aside to deal with an expected rush of PPI claims.

Competition chiefs are paid to protect us from overmighty firms - but have FAILED, says challenger banking boss

Rarely the diplomat, Lynam has some choice words for the team at the CMA which drew up the report.

Barclays tightens buy-to-let properties lending rules

The changes come into effect from 26 May.

RBS extends alternative financing recommendations

Capital Connections is an extension of an existing scheme at RBS that puts unsuccessful applicants in touch with peer-to-peer lenders Assetz Capital and Funding Circle.

Sberbank to start Islamic banking pilot program

According to the UAE Finance Ministry, Islamic banking is developing faster than traditional banking, attracting $1.8 trillion annually.

Costs of overdrafts to fall as part of UK banks overhaul

Competition and Markets Authority estimates that consumers could save over £100 a year

RBS Shows Banks’ Tech Nightmare as Scottish Branches Spur Delay

The best laid schemes of McEwan and his predecessor Stephen Hester are being held back by technology systems that have been patched together and modified over decades.

RBS mulls sale of Williams & Glyn and NatWest

RBS is required to sell off branches as part of the conditions around its bailout

Nordea scouts for fintech startups

Nordea is also working with a couple of the other startups for possible cooperation.

RBS to axe 200 UK jobs, close more branches

The latest job losses mean RBS will have eliminated more than one in 10 positions at its UK branch network in the past two months at a time the country's third-largest lender is faltering in its aim to be ranked best for customer service.

Raiffeisen banks say will look into possible merger

No resolutions with respect to implementation have been passed by the respective management bodies.

Glory Global Solutions Drives Improved Customer Experience at Metro Bank

Metro Bank to deploy Glory VerteraTM 6G Teller Cash Recyclers with Remote Monitoring and Management software

ING takes startup path to digital transformation as top banks reap innovation rewards

Hammers says the bank made further progress in Q1, investing in customer-friendly technologies and outside collaborations.

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