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

Barclays’ strategy backfires as role-based pay hits £111k per head

Barclays' investment bank is not complying with the strategy set out for it

ECB Hires Managers for ABS Purchases Due to Start Next Month

The European Central Bank picked four asset managers to aid purchases of asset-backed securities that it says will start next month.

Societe Generale puts Brazil assets up for sale

French banking group Societe Generale has been negotiating the sale of its Brazilian assets to major local banks for the past four months

Interview - Head of Customer Innovation & Perception, HSBC

Improving customer experience has become the Holy Grail of banking.

Bank Of China Opens Regional Centre In Budapest

The BoC is in close cooperation with Hungary’s Eximbank, and has so far assisted Wanhua’s investment project at the Hungarian company Borsodchem with jointly provided loans totalling 70 million euros, Szijjártó said.

Monte Paschi has biggest capital gap in ECB tests, may seek merger

If growth doesn't return, it will be very difficult to have a solid banking system in the long term

Wells Fargo to move into Ireland

Wells Fargo is assessing the Irish market with a view to entering it in the coming months.

Societe Generale to move London branch to Canary Wharf

A worker looks at his phone at the Canary Wharf business district in London February 26, 2014.

Nordea Bank Committed to Banking Operations in Russia

CEO Cites Slowing Russian Growth and Need to Screen Transactions for Compliance with Sanctions as Obstacles

Barclays invests £2m in digital agency to help it win blue-chip clients

Barclays has agreed a £2m trade loan to digital marketing firm 77Agency to help them land blue-chip contracts.

Barclays Dark Pool Won’t Regain Ranking, Bernstein Says

Barclays Plc will never recover its second-place ranking among U.S. dark pool operators because a lawsuit alleging it lied to customers has permanently damaged its reputation

Citibank acquires Deutsche commodities trading book

Deutsche is also rumoured to have sold long-term trading contracts and stockpiles of low-grade uranium to Australian investment bank Macquarie Group, valued at the end of last year at around $200 million.

BNY Mellon Appointed as Trustee and Paying Agent for 48 Million Pounds Sterling Estover Energy Bond

We welcome this opportunity to serve this UK government backed venture to boost sustainable energy creation in Scotland.

Banco Espírito Santo Investment Bank Looks for Suitors

Possible Buyers in China, Dubai and Mexico Have Been ApproachedSenior executives at the investment banking arm of failed Portuguese lender Banco Espírito Santo SA have met recently with potential suitors to explore options for salvaging the unit, a

Societe Generale close to a deal for Canary Wharf headquarters

French bank Societe Generale is understood to be close to signing a deal for a new office in Canary Wharf.

Makram Azar: Barclays Plans Further Expansion in Region -

The London-based lender is targeting emerging markets, with the Middle East and Africa a top priority

Barclays Faces Trouble in Selling Index Business

Barclays bank is facing an obstacle with the sale of its index business, as potential buyers realised that some crucial data used for bond pricing is not part of the deal.

Deutsche clampdown on bad behaviour prompts exodus of traders

Deutsche Bank has been facing a set of investigations by regulators involving allegations that benchmark interest rates were manipulated

Mellon Serbia opens up new business in Montenegro

The Serbian subsidiary of Mellon Group of Companies extends its offering to neighboring Montenegro, onboarding 5 key new customers

Dedication, that’s what you need to be a banker

Potentially record-breaking crowd of offenders against regulation of all kinds to gather at British Bankers’ Association conference this week

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