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

EU commodity market regulation battle commences

It is unclear whether the officials from member states meeting tomorrow will make a similar recommendation.

Deutsche Bank Awarded Global Corporate Trust Services Provider of the Year

The Bank was nominated in the category by the editorial staff of Infrastructure Investor and in an on-line poll conducted during December and January. More than 1,000 readers participated, with Deutsche Bank voted as the top Global Corporate Trust Service

Dow Jones Credit Suisse Hedge Fund Index up 1.61% in February

Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished February up 1.61%; with 9 out of 10 strategies in positive territory;

RBS admits thousands of SMEs were sold interest rate swaps

Royal Bank of Scotland has broken ranks with its high street peers to reveal that it sold controversial interest rate swaps to thousands of small businesses.

CaixaBank becomes Spain's biggest bank by assets

The merged bank will have 14 million customers.

Novia adds stockbroker's model portfolios to platform ‎

These services are suitable for private clients, companies, trusts and charities, pensions, ISAs and taxable portfolios.

Return to operational profitability for Gottex in 2011

Gottex Fund Management has announced its annual results for the year ended 31 December 2011.

Hedge-Fund Chief Plans Sparkling Wine in U.K. Vineyard

“Why sit in front of a computer screen for the rest of your life watching prices go up and down when watching grapes grow is so much less stressful?” Driver said yesterday in an interview at Rathfinny, where the sound is of seagulls and you ne

Biggs to oversee flotation of RBS insurance arm

FORMER Aviva finance director Mike Biggs will oversee the flotation of Royal Bank of Scotland's insurance arm after being confirmed as chairman of the business, recently renamed Direct Line.

Nicola Horlick to launch £2m film fund

Ms Horlick said: "Because we are able to work with top producers in Hollywood, the risk of failure looks as though it will be lower than we originally anticipated, which is reassuring for our investors."

Bernheim, Dreyfus & Co Signs Deal With BofAML‎

Paris-based merger arbitrage specialist Bernheim, Dreyfus & Co. has appointed Bank of America Merrill Lynch as an additional prime broker for the Diva Synergy Fund and the Diva Synergy UCITS Fund.

Goldman Sachs talks to Norman Foster over new European HQ in London

Goldman Sachs is pressing ahead with plans for a new European headquarters in London by holding discussions with Lord Foster and two other leading firms of architects.

NBNK plots fresh Lloyds Banking Group branch bid

The sweetened £1.5bn offer, due to be tabled tomorrow, will propose Lloyds demerge the 632 "Project Verde" branches, float the business and allow NBNK to fully underwrite the demerger in cash. Lloyds has always said if the deal with Co-op

BAML wins prime broker mandate for Paris hedge fund

Bernheim, Dreyfus, which manages $200 million in assets and which tries to make money by betting on M&A (mergers and acquisitions) deals, said on Friday it would split its activities between BAML and existing broker Newedge.

Ex-BNP Paribas Boisson starts up in real estate

Based between London and Paris, Boisson will partner with a senior real estate banker in the US, and will start fundraising in May.

Goldman Sachs talks to Norman Foster over new European HQ in London

The bank, which employs about 6,000 people in London, wants to redevelop a 1m sq ft site on Farringdon Street, around the corner from its current main offices, although construction is not imminent. I

New UK bank plots fresh Lloyds Banking Group branch bid

That would mean shareholders in Lloyds – including the taxpayer, which owns 40pc of Lloyds through UK Financial Investments – will be allowed to choose between taking a new share in the Verde spin-off or accepting cash from NBNK.

MF Global’s CEO ordered funds moved to JPMorgan

The e-mail, dated Oct. 28, was sent three days before the company collapsed, the memo says.

HSBC Securities Services launches in Germany

HSBC Securities Services will now offer sub-custody and clearing services to cross-border institutional investors in Germany.

Metro Bank to add 260 jobs, eyes more capital

"We are looking for more capital to power the engine. We're creating careers here," he told Reuters.

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