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

European Banks Pay Bigger Slice of Bonuses Upfront as Pools Drop

Global investment banks are seeking to appease both regulators, who want more deferred pay to tie employees’ rewards to long-term results

Hargreaves Lansdown CIO admits hard hunt for income

Hargreaves Lansdown has launched the a new high income fund promising a near 5 per cent yield in a market where its chief investment officer admits traditional income sources have “evaporated”.

Qatari investor says supportive of Deutsche Bank chairman

The bank shocked markets with a 2015 record loss, after Achleitner brought in John Cryan to replace Chief Executive Anshu Jain from July.

Deutsche Bank streamlines IT systems in effort to cut costs

Faced with an inefficient morass of more than 4,400 often incompatible applications at Germany’s biggest bank, Ms Hammonds has overseen the removal of almost 500.

EIB, IFC and Ecobank sign landmark agreement

The facility is designed to overcome the challenges of lending to smaller businesses which have a higher risk profile.

Credit Suisse Ramps Up Restructuring as Trading Revenue Slumps

Swiss bank is trimming investment banking further and increasing cost cuts

Macquarie sinks teeth into UK's Green Investment Bank

Macquarie Group is believed to be preparing a bid for Britain's £4 billion renewable energy investment arm, the Green Investment Bank.

ABN Amro customers can now change debit card settings via m-banking app

As of today, ABN AMRO clients can change settings on their debit cards via the Mobile Banking app.

First Islamic bank to open in Russia

Enabled by a new law, the bank in Kazan, Tatarstan will function according to Islamic principles

Partners of a certain vintage are leaving Goldman Sachs, and people aren’t happy

Goldman insiders suggest the firm is in the throes of a battle for control over the succession to Lloyd Blankfein, and that this is influencing the current round of departures.

Deutsche Bank CFO says banks have had tough start to year

That has left its marks on our business

RBS pays Treasury £1.2bn to regain right to pay divi

The bank took a £2.9bn hit last year from restructuring costs

Barclays Africa sale savaged by big investor

The latest strategy update sees the painful, stop-start transformation from highly profitable retail caterpillar to swashbuckling, capital-destroying investment banking...

Goldman's European business cuts pay after IPO activity slows

This uncertainty has pushed Goldman Sachs -- and other big banks -- to seek to cut costs to offset low interest rates and stricter regulations.

International institutions help Romania with EU funds absorption

The international institutions will also help Romania prepare and implement the projects financed with EU money

Barclays accused of ditching clients born in countries considered high-risk for money laundering

The blacklisting of the Syrian-born billionaire is not limited to just him personally.

Deutsche Loses Ground in Own Back Yard

Arch-rival Goldman Sachs is now the market leader.

Will Financial Alchemy Help RBS Sale?

A looming vote over whether the U.K. will leave the European Union, wild market swings and plunging European bank shares have made big RBS share sales hard to contemplate.

Barclays CEO not sleeping at night

Cutting 6,000 positions in 100 days.

Structural shake-up at Natixis

Additionally, the mergers and acquisitions department will now be managed by Marc Vincent

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