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

Mis-selling, rate-rigging Barclays fines are too high, moans boss: Bank chairman ridiculed for complaining about 'excessive penalties'

Barclays chairman McFarlane ridiculed for saying bank is being picked on

ABN Amro teams with First Data for payments

First Data has a track record of partnerships in the payments space.

UBS's Ermotti Says Negative Rates May Encourage Risky Lending

European banks are seeking ways to shore up earnings as negative interest rates curtail their ability to charge higher interest on loans than they offer to pay on deposits, while undermining appetite from clients seeking to buy or trade derivatives to hed

Barclays' parting shot

The London bank said yesterday that it would sell down its 62% stake in Johannesburg-based Barclays Africa over the next two to three years.

No way up or out for banking’s ‘lost generation’ of directors

The years when it was easy to move quickly up these institutions have well and truly passed and for those who remain, morale is at a low.

Barclays' new boss to support US investment bank with more hiring

The US investment banking unit had been under a cloud – it had featured in the 7,000 job cuts planned by now-departed chief executive Antony Jenkins

Barclays awaits captain Staley’s orders to escape storm

The yachting enthusiast and former JPMorgan Chase executive has the task of trying to steer Barclays back to calmer waters.

RBS Boss Gives Away Half Of £1m Allowance

It will be the third year in a row that the New Zealander will have voluntarily forfeited part of his pay package.

Barclays Cut Investment Bank Bonus Pool as Much as 12%

The securities unit is in a period of flux as Tom King, who has been the sole head of the investment bank for almost two years

UBS sells office development project in Paris-La Défense for €55 million

As part of the transaction, UBS will remain actively involved in the management of the redevelopment programme for at least the next 12 months via a mandate with the purchaser, in order to ensure the smooth and timely realisation of certain remaining mile

BNP Paribas said plans to relocate senior jobs to Paris

The move would help reduce the bank’s costs, the people said.

JP Morgan's 'London Whale' trader breaks his silence

He has now argued that his role in the scandal has been overstated.

The most diligent juniors in IBD, ranked by nationality

It’s a question of who works 75 hours a week and who works 80+.

French banks swim against retreating European tide

Where they do have strong support is from the political establishment who believe France needs to punch above its weight in global financial services to support French companies' overseas business in Francophone countries and beyond.

BNP Paribas Investment Partners Receives 2016 Innovation Award for low Carbon ETF

The award recognises the pioneering role played by BNPP IP, which in 2008 became the first investment management company to launch a Low Carbon ETF.

EU lenders working on plan for gradual Greek debt relief

The plan would later link debt payments to economic growth.

Veneto Banca wants to quickly agree merger after April's IPO

This banking industry needs fewer words and more facts.

Credit Suisse to fast-track top junior bankers to retain talent: sources

The investment bank told analysts on Thursday that it would make changes to its promotion cycle in Europe, the Middle East and Africa

Investment banks hand out 25% pay rises to recruit more MBAs

Is all this money encouraging MBAs into investment banking?

EIB- Cyprus loan contracts signed

The loans managed by four Cypriot banks will help bolster liquidity, support economic recovery and create jobs, EIB said.

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