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

Investment bank’s expanding internal hedge fund hires Goldman Sachs trader

Savani spent nearly five years working at Goldman Sachs

BRICS planning to sign documents on development bank, currency reserve pool - Kremlin

The BRICS summit will be held in Brazilian cities of Fortaleza and Brasilia on July 15-16.“The leaders of the BRICS states will discuss issues on political agenda and global management problems.

Goldman media bankers reunite at Swedish investment house

Kinnevik, the Skr76.8 billion ($11.5 billion) Swedish investment firm that employs the son of City grandee Sir Win Bischoff, has reunited a team of former Goldman Sachs bankers in London

BNP Paribas and Barclays jostle in European DCM

A frenetic close to the first half of the year in European debt markets witnessed a host of league table position changes, with Barclays charging up the high-yield rankings, and BNP Paribas finding DCM something of a double-edged sword.

Barclays fights back in the US alongside European rivals

Despite suffering a series of exits from its US investment banking division, Barclays has climbed up the US league table rankings along with Deutsche Bank, in a rare show of strength from European banks in the region.

BATS Chi-X Europe adds more customers to BXTR trade reporting service

These firms join the initial customers who joined the BXTR service when it launched six months ago – Bank of America Merrill Lynch, Citigroup, Credit Suisse, JPMorgan, Morgan Stanley and UBS.

Equity business takes Deutsche Bank back to top spot

Deutsche Bank has reclaimed its crown at the top of the European investment banking fee rankings first for the first half, replacing JP Morgan at the last moment thanks to a surge in equity capital markets fees.

UBS Climbs to Top of Covered Bond Rankings for First Time

The Zurich-based bank leaped ahead of UniCredit SpA (UCG), Barclays Plc (BARC), BNP Paribas SA and Deutsche Bank AG (DBK), the top four arrangers last year, the data show.

CDH bank offers diaspora deals: Open account in UK during Malawi@50 events

All CDH Investment Bank accounts offers access to information on Malawi financial markets, CDH Capital and CDH Asset Management, Share market and more.

Bulgarians withdraw more savings as crisis eases

Dozens of Bulgarians queue outside bank branches to withdraw savings despite reassurances from the government that their money was safe

FinecoBank gains €2.2.m from IPO

The joint global coordinators for the global offering to institutional investors were UBS Investment Bank and UniCredit Corporate & Investment Banking which, together with Mediobanca

Barclays' slowly improving reputation may disappear in these murky waters

The allegations of wrongdoing in the bank's 'dark pool' trading system are bad news for Antony Jenkins, for they cannot all be laid at the feet of the old regime

BNP Paribas Securities Services wins ICG mandate for collateral administration

BNP Paribas Securities Services was selected for its ability to provide liquidity, which will support the deal structure and ensure smooth flows of interest from the asset pool to the end investor.

RBC Capital Markets wins LSE-Russell role

RBC Capital Markets has won a role as a corporate broker to the London Stock Exchange's $2.7 billion deal for Russell Investments, in what represents a return to favour for the Canadian bank.

Intesa Sanpaolo to open subsidiary bank in Brazil

The Saõ Paulo office will provide a platform of products and services

World Bank Plans to Office in Vladivostok

The World Bank's Russia chief, Michal Rutkowski, was quoted in the statement as saying, "the Far East has promising connections with the Asia-Pacific region, and this potential should be utilized."

Deutsche Bank completes $11.6 billion cap hike

Deutsche Bank successfully completed an 8.5 billion euro capital increase aimed at fortifying its regulatory ratios and paying for restructuring at Germany's biggest lender.

GCC-EU ties getting stronger

The adoption of the eu-gcc joint action programme in 2010 has been useful

Societe Generale SS launches European UCITS management company solution for asset managers

SGSS’ own in-house ManCo, which has built up a proven track record alongside risk management expertise for UCITS, is extending its licence to accompany asset managers in their growth strategy within the EEA.

ABN Amro to open up asset-based lending for UK businesses

The market for asset-based finance in the UK is booming as larger companies turn to it for funding amid a shortage of bank loans.