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

RBS set to close down several Glasgow branches this year

The RBS store on Sauchiehall Street in the city centre will close on November 19, 2024.

The largest banks in Hungary are building infrastructure and improving inclusion

With a population of 9.8 million, Hungary may not seem like the hugest market, but it is improving.

Launchpad for growth as 468,000 new companies start up

NatWest and Beauhurst’s New Startup Index reports 468,000 new companies started up in the first half of 2024 – a 6% increase compared to the same period last year.

Brits using PFM tools consider themselves £445 better off per year

Consumers using digital financial management tools to improve financial health during the cost of living crisis

Citi Abolishes Bonus Cap For London Bankers

Citi follows suit behind Barclays and Goldman Sachs as banks pivot on compensation structures post-Brexit

Halifax joins 'sub-4% club' as it announces rate cuts

As well as a 2-year fixed rate at 4.36 per cent with £999 fee up to 60 per cent LTV.

ClearBank secures Dutch banking license

British bank ClearBank has secured its European banking license from the European Central Bank, under supervision of De Nederlandsche Bank.

Reward expands NatWest partnership for Travel Reward Credit Card

The partnership will allow Travel Reward Credit Card holders access to a suite of personalised retailer offers

CIB Bank Named ‘Best Bank for ESG’ in Hungary by Euromoney

This year, the magazine honored CIB Bank’s lending practices, product portfolio, corporate governance system, and support policies centered around sustainability with the “Best Bank for ESG” award.

Rabobank Posts a Net Result of EUR 2,818 Million in the First Half of 2024

For example, the cooperative initiatives we launched last year made EUR 400 million available to help our customers, members, and employees to transition to a more sustainable future.

Lloyds Bank might get boost from motor finance delay, says KBW

For the UK lender, KBW estimates a worst-case liability of £2 billion or 6% of this year’s projected book value.

CaixaBank reports a net profit of €2.68 billion up to June

CaixaBank Group expands its customer base and now serves 20.2 million customers across Spain and Portugal, through a network of over 4,100 branches.

NatWest snaps up Metro Bank mortgage book in H1 2024

H1 2024 attributable profit totalled £2,099m for NatWest and it also made a return on tangible equity (RoTE) of 16.4%.

Lloyds Banking Group 2024 half year results: how we’re delivering for customers

Customers are able to speak with us from the comfort of their own home

CMA sends letter to TSB about breaches of the Retail Banking Order

TSB became aware of the breach related to the Spend and Save Plus customers’ monthly statements on 1 August 2023.

RBS agrees £50m funding deal with social landlord

THG was first established in 2011 following the merger of six existing housing associations.

Cembra wants to exploit the benefits of the transformation

Expenses, which include ongoing investments in strategic initiatives and restructuring costs, remained stable.

Vanquis Bank reports surprise balance sheet hit after investigation

Following the review, the lender has revised Stage 3 balances down by £29m and said it would book the charge against the value of the vehicle finance portfolio.

Lloyds Bank set to close permanently this year

This comes as many people are moving to online banking rather than visiting their local banks in person.

Decoding the digital euro: A potential new means of payment

In June 2023, the EU Commission proposed the legal framework that could pave the way for the ECB to make the digital euro project a reality - and now it's up to the co-legislators to finalise it.