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

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.

Update 1- Santander sells half of custody business

The euro zone's biggest bank Santander said it is selling a 50 percent stake in its $1.3 billion securities custody business to a group led by Warburg Pincus, marking the third major deal between the bank and U.S. private equity firm.

French state bank BPI ready to take stake in future Alstom -source

French state bank BPI is ready to take a stake in the future structure of Alstom regardless of whom the engineering group decides to tie its fate to

Citi to launch infra team in strategic overhaul

Citigoup is set to create a new infrastructure team in Europe

Intesa SanPaolo and the european Investment Bank Sign an Agreement for Eur 75 Million

The agreement was signed in Milan today by Luca Lazzaroli

Who else is paid as much as investment banking interns?

Even the highest paid sector (mining and quarrying) only pays a median average of just over £800

Societe Generale eyes Germany's DAB Bank

HVB, owned by Italy's UniCredit, said in May it was considering a sale of DAB Bank because it was regarded as non-strategic following a revamp of HVB's retail business.

New Chinese investment bank hiring 40 in London

If you want to work for a Chinese investment bank in London, you are in luck.

Merrill Lynch top broker for second year

The awards, voted for by more than 6000 investors, brokers and firms, are highly regarded in the City and give individuals clout to negotiate career moves or bonuses and firms the chance to boast about their strengths.

Italy rides market momentum with wave of IPOs

The number of new shares issues has picked up across Europe in recent months, spurred by an improved economic outlook and rising equity markets, thanks in part to ultra-loose monetary policy.

What’s the going rate for interns on Wall Street and in the City of London this year?

The bad news is that intern compensation has remained static for several years

France threatens dollar boycott over BNP Paribas fine

His challenge to the supremacy of the dollar came

Commerzbank Moving U.K. M&A to Focus on German Firms

Most of the M&A team of about 10 people will be relocated and the head of U.K. deals, Rosalind Hedley-Miller, is retiring said two of the people,

Doeren Mayhew Spins Off Investment Banking Practice

The launch of a national investment bank is an obvious progression in Doeren Mayhew’s growth plan

Cyprus names lead managers for first post-bailout bond

Cyprus appointed lead managers on Tuesday to arrange its first post-bailout bond, underpinning its ambitions for a swift comeback to international markets just a year after teetering on the verge of bankruptcy.

Barclays and Standard Life tie-up for auto-enrolment

Growing evidence of smaller UK companies starting to miss their staging dates

Deutsche Bank's salary donation scheme clicks with staff

With just a click, employees at a bank here can donate part of their salaries - ranging from one to 30 days - to charity.