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

Deutsche Bank Said to Weigh Job Cuts, Asset Sales

No decisions have been made on what steps will be taken, said the person, who asked not to be identified before the review is completed.

Goldman Sachs Wins Allied Irish Bank Restructuring Mandate

AIB was bailed out and nationalized in 2010, receiving nearly €21 billion. It was one of the most expensive banking bailouts in world history.

CaixaBI Wins 2014 IFM Award for 'Best Investment Bank, Portugal'

London-based International Finance Magazine has conferred the 2014 award for 'Best Investment Bank' in Portugal to CaixaBI.

Bernhard Walter, Former Dresdner Bank Chief, Dies at 72

Bernhard Walter, the chief executive officer of Germany’s Dresdner Bank AG during its failed merger with Deutsche Bank AG in 2000, has died. He was 72.

Deutsche Bank Considering Separating Consumer Unit, Reuters Says

Deutsche Bank AG, Germany’s biggest bank, is considering separating its consumer business and offering its stock to the public as the lender reviews its strategy

Goldman, UBS Start Year in Fees Lead on Banco Santander

If the New Year’s resolution of Goldman Sachs Group Inc. and UBS Group AG was to secure the lead in 2015’s ranking of stock-sale underwriters, they may have pulled it off in record time.

Deutsche Bank to present strategy changes in Q2

Deutsche Bank AG will provide details of a new strategy plan to investors in the second quarter of 2015, senior management told bank staff in an internal memo on Monday.

European Bankers Earned Big Bonuses In 2013 While Regulators Worked To Cap Compensation

Under the new rules, banks now have to disclose more detailed information on how much they pay their employees

Standard Chartered to axe cash equities business

The Asia-focused lender said on Thursday the move would help it save some $100m (£66.2m) in 2016.

Berenberg, BayernLB to Join Forces in Investment Banking

The cooperation should strengthen the banks' deal-brokering power, after neither ranked among the top ten banks collecting investment banking fees in Germany last year.

Credit Suisse Sells Commodities Trading Book To Citigroup

The sale of the bank's commodities positions comes within weeks of Credit Suisse's decision to scale down its prime brokerage unit .

UBS Tries Old-School Investment Banking

The goal: Give advice and conduct trades while taking less risk

German bank exposure to Greece around 18 billion pounds

German banks have around 23.5 billion euros in credit exposure to Greece, but the systemic risk is limited as the biggest commercial banks, Deutsche Bank and Commerzbank, hold only a tiny fraction of that,

Goldman tops UK banker pay with US$4.7m awarded for 2013

Goldman Sachs paid its top 121 London bankers about 3 million pounds on average last year, far exceeding payouts at other leading banks

Standard Chartered Replaces Long-time Advisor UBS With Bank Of America

JPMorgan Cazenove will remain as the other broker

Russell Brand film on RBS bankers funded by City investors - including former RBS banker

Russell Brand's film about 'financial inequality' is largely funded by high net worth City investors who were able to offset their investment against tax

Barclays’ investment bank prunes potential Asia client list

Barclays’ investment bank in Asia has trimmed its list of potential clients by almost a third as part of a “merciless” root and branch review of its activities in the region.

Permanent TSB could raise as much as €400m in new share sale

It is more than double the amount that the nationalised lender's chief executive told TDs and senators just last month that Permanent TSB would look for.

Osborne looks to raise £3bn by selling Lloyds stake

The Treasury may begin selling off part of its remaining stake in Lloyds Banking Group within days under a multibillion-pound plan launched by Chancellor George Osborne yesterday.

Sex games, expensive holidays and a controlling lover: City worker reveals sordid details about her real-life Fifty Shades Of Grey affair with businessman in tell-all book

Affair with a high-flying, highly-sexed banking executive who dictated how she looked and behaved.