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

UBS Plans to Freeze Salaries in Investment Banking Unit

A compensation review will be done later by the bank based on the market conditions, business results and pay structure across the industry.

Banks Are Like `Canary in Coal Mine' Amid Selloff, Thiam Says

Credit Suisse recorded more revenue from trading in that part of the world in last three months of 2015 compared with a year earlier.

Goldman Sachs and JP Morgan face stock headache after Saipem share issue

Investment banks could be left with unwanted stock in Italian oil company after falling crude prices diminish demand for deal they underwrote

Morning Coffee: Deutsche and Credit Suisse need to hire exactly the same people, urgently. J.P.M. paid 51 year-old trader $9m

Credit Suisse doesn’t face the same concerns as Deutsche Bank over the payment of coupons on its Coco bonds, but the two banks have some other very important things in common.

EIB, the EU Bank, strengthens support for Romania's economic growth and competitiveness

EIB also contributed to numerous unfunded initiatives aimed at improving the absorption of EU Funds and Foreign Direct Investments.

Fiba’s Credit Europe Bank to exit Russia

This would be the first big exit of a Turkish enterprise from Russia since the crisis erupted between the two countries.

Barclays Sees Deutsche Bank Exit as Chance to Win Mexico Clients

Barclays was Mexico’s seventh-biggest bond underwriter last year with involvement in $1.8 billion in debt placements

British Bank Tied Down by Asian Exposure

The bank has long maintained that Asia would rebound and prove itself as a leading driver in global economic growth

Deutsche Bank wants to show the debt market it's wrong

Deutsche Bank shares fell 4% and Credit Suisse dropped 8% as investors fretted over the ability of the banks to make payments on bonds they've issued issued.

Deutsche Bank Says It Has the Cash for Riskiest Debt Payouts

Deutsche Bank also published a note to employees from Chief Financial Officer Marcus Schenck that said the firm’s “capital and risk position remains strong.

Barclays and Standard Chartered bank shares suspended as regulators check for suspicious behaviour during FTSE rout

Barclays eventually closed down 5.3 per cent at 163.9p while emerging markets specialist Standard Chartered fell 5.7 per cent to 427p.

Goldman Says Strong Europe Bank Funding Means No Crisis Repeat

European bank shares are extending their rout after Deutsche Bank AG stock and debt tumbled Monday amid questions over its ability to pay coupons on its riskiest bonds.

Barclays first financial institution to support INTERPOL efforts in combating cybercrime

IGCI Executive Director Noboru Nakatani said the agreement reflected INTERPOL’s ongoing commitment to working with the private sector.

National Bank to write off $165-million investment after Germany shuts down Maple Bank

Both Teachers’ and National Bank have pledged to repay dividends they received if the allegations are proven.

Capital markets are on life support - what will it take to revive them?

Companies are struggling to raise money from either debt or shares in today's choppy markets, and investment banks such as Goldman Sachs and Barclays are nervously hoping conditions improve soon

Barclays hired to manage Britain's Lloyds share sales

Finance minister George Osborne said last week the sale of at least 2 billion pounds of shares in Lloyds to retail investors would be postponed due to turmoil in global financial markets.

Former RBS boss Stephen Hester set for £500,000 payout from bailed-out bank - more than two years after he left

Hester is the beneficiary of long-term incentive plans put in place before he was ousted as chief executive in June 2013.

BNP Paribas Surges as Lender Targets Investment-Bank Cost Cuts

Europe’s largest banks are under pressure to shrink their securities units and focus on the most profitable businesses as regulators toughen scrutiny of riskier activities.

ABN Amro launches Snapchat

The bank reports that its primary goal is to ensure the target audience appreciates the advice and gets some real use out of it.

European Banks' Crude Awakening

Given the region's banks have stubbornly under-performed both the broader European market and are also trading at a discount to their book value, it's a step that makes sense.