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

UK plans to sell half of RBS stake over two years

Government likely to make loss on £16 billion investment

Yorkshire Bank to invest £1m in flagship branch

Yorkshire Bank is investing more than £1m in a new flagship branch in Leeds as part of a multi-million pound plan to upgrade its high street locations.

Barclays eyes narrow new UK bank as rivals take different path

Barclays is planning to set up a smaller separate UK bank than rivals as British lenders finalise how to restructure to meet new rules designed to give greater protection to savers and taxpayers.

German asset manager to buy most old Volksbanken assets

German asset manager will buy Immigon's Volksbank Invest Kapitalanlagegesellschaft and Immo Kapitalanlage units

Banco Santander Takes Bigger Stake in U.S. Loans Business

This year Santander became the only foreign-based bank to fail the stress test in the U.S. on two occasions.

KBC acquires Volksbank Leasing

Volksbank Leasing Slovakia is a universal leasing company ranked 7th on the Slovak leasing market

UK sells more of Lloyds bank stake, $19.5 billion raised so far

Lloyds said on Thursday that Britain's finance ministry had reduced its stake to 15.9 percent, from 16.9 percent, in a further step towards its full privatisation which is expected next year.

ING on course to win auction for HSBC's Turkish bank: sources

Dutch lender ING Group ING.AS is set to win the auction to buy HSBC's HSBA.L Turkish business, people familiar with the matter said on Thursday.

Deutsche Bank retail head says brace for change

Deutsche Bank's new head of retail banking said big changes in the group's consumer division were unavoidable

Greek banks close as extension is refused

Greek banks and the stock exchange will be shut on Monday after creditors refused to extend the country’s bailout and savers queued to withdraw cash

Chinese bank ICBC expands business in Germany

More than 2000 Chinese companies currently operate in Germany.

Lloyds hands bonuses worth more than £2m to top managers

Bank releases shares from bonuses deferred from 2012 and 2013, the period for which the FCA fined it £117m for mishandling PPI compensation claims

RBS says it will return surplus capital to shareholders

RBS is targeting a core Tier 1 capital ratio of 13 percent and plans to return any capital about that level.

Woodford-backed challenger bank gets BoE green light

The digital-focused bank was created with the support of a number of private individuals

IRELAND: Beware banks promising improved mortgage deals

With little movement on interest rates, banks are offering other sweeteners

UniCredit Considers Changes to 2013-2018 Strategic Plan -- CEO

UniCredit is evaluating how to confront a new macroeconomic scenario, with low interest rates from 2015 onward,” Mr. Ghizzoni told reporters in Milan.

Citi to shift EU retail banking base to Dublin

Citigroup is planning to shift the head office of its European retail banking operation to Dublin from London to benefit from lower costs and capital requirements.

UK banks fear block on cross-selling, RBS chairman warns

British banks fear being blocked from cross-selling products to their clients under new ringfencing rules that hand a big advantage to foreign rivals, the chairman of Royal Bank of Scotland has warned.

ECB hands €74bn to banks as lending shows upturn

Since March, the ECB has offered the funds at the main refinancing rate of 0.05%, abolishing the premium of 10 basis points it charged in the first two rounds

Iceland's Islandsbanki could be sold within weeks - paper

Icelandic lender Islandsbanki could be sold to investors from the Middle East and China within weeks, daily newspaper Visir reported on Friday, quoting the head of the board responsible for winding up failed bank Glitnir, from which Islandsbanki was creat

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