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

Zagrebačka Banka to Change Owners?

Insiders claim that the largest bank in Croatia has already been visited by foreign auditors which are supposed to make a preliminary analysis.

BPI bank closes another 25 branches, continuing sector trend

Portuguese bank BPI is to close 25 retail branches across the country, adding to the 27 branches it closed in the first half and continuing a streamlining trend apparent throughout the Portuguese banking sector. Following the branch closures and based on

Korean Fund buys Commerzbank Headquarters

Commerzbank will focus on its core businesses of private and small business customers and corporate clients as well as digitising more processes

Italy’s Overlooked Banking Crisis Could Be Disastrous for Europe

Italy is slowly buckling under the weight of £270 billion in bad loans

Commerzbank to Slash Jobs, Scrap Dividend in Broad Revamp

The bank simultaneously plans to hire around 2,300 new staff focused on digitizing internal processes, meaning the net number of job cuts will be near 7,300

RBS CEO Mulls ‘Uncharted Territory’ of Failure to Sell Unit

RBS must sell Williams & Glyn to meet European Union rules

Brexit’s Threat To UK’s Retail Banking

English customers may be facing a world of payments hassles in the EU since Britain will be leaving payment arrangements

Commerzbank eyes thousands of job cuts in strategy revamp

Commerzbank declined to comment.

Exclusive: Regulators expect Monte dei Paschi to ask Italy for help

The bank is determined to see through the capital raising, if it were to disappoint, it would be left with a capital hole.

Scottish Widows adds five-year offset to mortgage range – exclusive

With our five-year fixed rate we are offering customers the best of both worlds

Citigroup Said in Exclusive Talks Over Brazil, Argentina Units

The Brazil assets will probably sell for $350 million to $450 million, people have previously said.

Banco BPI clears way for Caixabank deal

Regulator orders mandatory bid after investors remove voting cap in Portuguese lender

Danske adapts to banking change by easing up on loans

Wholesale banking is changing and we need to adjust our business models in terms of how we provide lending.

Santander pulls out of Williams & Glyn branch deal with RBS

Santander pulled out of talks

Clydesdale Bank to slash £100m costs to combat Brexit slowdown

The cost cuts more than outweigh the impact of lower interest rates and any Brexit slowdown, its boss said.

DBS appoints Linklaters as adviser on its US$750 perpetual capital securities offering

It was the lowest yield of any U.S. dollar Basel III-compliant AT1 offering globally.

Bank of Ireland becomes first domestic bank to charge for deposits

Ulster Bank, which is owned by the Royal Bank of Scotland, is already charging negative interest rates for some large deposits in its Irish operation.

TBC Bank Takes Full Control of JSC Bank Republic

The consideration is 70% payable in cash from own funds and 30% in newly issued TBC Bank shares

Regulators Clear the Way to Create Italy's No.3 Lender

Banco Popolare and Banca Popolare di Milano will put their deal to shareholders after the ECB and Bank of Italy approved their all share combination.

HSBC Joins Three-Way High Street Tussle For £7bn MBNA

HSBC is the third of Britain's five biggest banks to prepare a takeover bid for MBNA, the credit card giant, Sky News learns.