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

Something is deeply amiss in the IPO market

Many stock market floats have underperformed in recent weeks

BlackRock raises concerns over IPO processes

The recent rush to market of IPOs has raised concern from other asset management firms.

Slovenia invites binding bids for second-largest bank NKBM

It did not say who the bidders for 100 percent of state-owned NKBM were.

BNY Mellon wins Treasury Services Award from EMEA Finance

BNY Mellon secures top ranking for fifth consecutive year

Cyber spooks in demand at investment banks

The demand is being driven by an increase in threats and heightened awareness among senior management at banks of the need to defend against attacks.

BNP Paribas Offers to Buy DAB Shares After UniCredit Deal

The bank will publish final terms of the offer on its website once German financial markets regulator Bafin grants permission

Blackstone’s Intertrust Said to Hire Four Banks for IPO

ABN Amro Group NV and Deutsche Bank AG (DBK) were also chosen to work on the possible sale, in which the owner may seek a valuation of about 2 billion euros ($2.7 billion) including debt, two of the people said, asking not to be identified as the details

HSBC net profit falls as investment banking slows

Chairman Douglas Flint said the results showed "a suitably well balanced financial performance" at a time of low interest rates and reduced financial market volumes.

Royal Bank of Scotland curbs lending to Russian companies

Royal Bank of Scotland, Britain’s largest state-owned lender, said it’s cutting lending to Russian companies, following European banks including Societe Generale and Natixis in complying with the latest round of sanctions over Ukraine.

HSBC Urges Ring-Fencing Delay Amid CMA Probe

One of Britain's biggest banks is urging the Government to delay a deadline for separating lenders' retail and investment banking operations amid fears that billions of pounds could be wasted on the project.

Asia No Answer to Russian Companies' Capital Crisis

Banks and investors in Asia, however, are reluctant to get involved

Natixis Second-Quarter Net Rises 29% on Trading Revenue Jump

Natixis SA, the investment-banking and asset-management unit of France’s second-largest bank by branches, said second-quarter profit rose 29 percent, helped by a rebound in trading revenue.

Are BNP Paribas’ fixed income traders the best in the world?

In their deepest unspoken fantasies, BNP Paribas’s corporate and investment bankers probably feel that they deserve some pretty reasonable bonuses this year.

BNP Paribas to Buy Majority Stake in German Online Broker

In a separate statement confirming the deal, DAB Bank said its management board takes a "generally positive view" of the acquisition.

Société Générale Profit Rises as Loan Problems Recede

Despite the bank’s improving profitability, it still faces a number of potential risks.

Dutch state eyes €6 billion ABN Amro IPO

IPO likely for up to 40% stake; sale set for 2015.

BNP Paribas Reports Record $5.79 Billion Quarterly Loss

The Group has a rock-solid balance sheet with high solvency and significant liquidity reserves. Serving the needs of clients all over the world, the Group plays an active role in financing the economy and is preparing the bank for the future.”

Barclays sees profits fall 10%

Barclays' six monthly pre-tax profits have fallen after investment bank revenue fell.

Former senior Rothschild exec to head up Evercore European unit

This new business expands the services that Evercore can provide to existing and new clients in Europe and will form a core part of our offering in conjunction with strategic and mergers and acquisitions advice.

BBVA Net Profit Dragged Down by Weakness in South America

Net Interest Income Slips but Beats Analysts' Expectations

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