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

Euroclear’s EMX gains significant new business

Euroclear UK & Ireland’s EMX Message System has attracted over 25 new clients from both the fund product provider and fund distributor communities in the first quarter of 2012.

Canaccord Financial to list on London Stock Exchange ‎

The Company therefore now intends to apply for listing on the standard segment of the Official List of the UKLA Listing Authority and admission to trading on the Main Market (together "Admission").

Supreme Court allows govt to forfeit ill-gotten wealth

Ex-Goldman Sachs stars Morgan Sze and Pierre-Henri Flamand, as well as traders from Credit Suisse, Morgan Stanley and Deutsche Bank are among those now playing markets with other people's money.

Brewin Dolphin boosted by discretionary funds

Wealth manager Brewin Dolphin saw total funds under management tick back above 25 billion pounds driven by a lift in discretionary funds.

Metro Bank Lures Moore Capital

Moore, which is run by the US billionaire Louis Bacon, has acquired a slice of the bank as part of a £125m fundraising that I understand has been completed today.

Royal Bank of Scotland takes over Santander's 'crown' as the worst bank

Bad management, poor service and corporate mistakes were three of the most common complaints against RBS, which also owns NatWest.

Bra jobbat! Managers making waves in the Swedish market

They are lead managers on the T Rowe Japanese Equity and the Fidelity Inst Japan mandates, respectively.

State Street lists fixed income ETFs on London Stock Exchange

The new SPDR ETFs, which were also listed in Germany last week, are: SPDR Barclays Capital Sterling Corporate Bond ETF, SPDR Barclays Capital UK Gilt ETF, SPDR Barclays Capital 1-5 Year Gilt ETF and SPDR Barclays Capital 15+ Year Gilt ETF.

ABN AMRO to expand into brokering base metals

ABN AMRO is one of the top players in trade financing for commodities and energy, and competes globally with France's BNP Paribas (BNPP.PA), among other European players.

Rabobank eyes sale of fund management arm

The mooted disposal is the latest example of a European financial services group examining a sale of its asset management businesses. Lenders are looking for ways to improve their capital positions ahead of the introduction of stricter Basel III rules.

UBS Hires SocGen Forex Salesman For U.K. Systematic Hedge Funds

UBS is continuing its buildup of its foreign exchange hedge fund sales team, this time with the addition of a Société Générale salesman.

UK likely to say goodbye to free banking

Bailey said the "myth" of free banking enjoyed by customers when not overdrawn made it hard to link costs to products and services received.

Helvetia May Sell to Rich Clients After Raiffeisen Buys Wegelin

Helvetia, Switzerland’s fourth-biggest insurer, focuses on middle-income groups and doesn’t sell life products known as wrappers to wealthy private banking clients.

Barclays to launch structured products platform

Wealth managers using the platform will be able to determine the size and timing of each trade, as well as having the flexibility to define its structure, economic terms and underlying investment.

Deutsche Börse expands high-performance network

The company announced today that it will set up an additional access point to its global trading network in the Equinix ZH4 data centre in Zurich.

US money funds tip-toe back into France and Germany

The taxable money funds had total assets of $1.673 trillion at the end of April, down slightly from March, according to a Reuters analysis of data provided by iMoneyNet.

Swiss & Global in the lap of luxury

According to the latest update, the fund is up 18% over the year to the end of April, compared to the MSCI World Index which was up 7% over the same period. The € 159m fund was launched in January 2008.

Deutsche Bank research head scoops award

The Sammons Associates Annual Heads of Research Survey assesses the performance of banks' heads of research, looking at management skills, knowledge of the market and the quality of analysis, and had responses from more than 600 chief investment offi

Two Italian banks to sell stakes in LSE

Italy's two largest banks have put their stakes in the London Stock Exchange up for sale as the country’s lenders brace themselves for the fallout from the eurozone crisis.

HSBC Launches Six New Offshore Yuan Crosses

HSBC Holdings PLC announced Tuesday that it had launched six new offshore yuan currency trading crosses. These six crosses are the rates against the offshore yuan, known as CNH, for

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