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

BNP Paribas profit beats, warns of legal charges

Pre-tax income was thus 2,547 million euros, down 3.7% compared to the same quarter a year earlier.

One chart showing where investment bank staff should be powerful and respected, but aren’t

As the chart below, based upon full year profits across banks for 2013, shows, Barclays remains extremely reliant upon its investment bank.

Barclays Said to Name Bommensath to Oversee ‘Bad Bank’

Lenders including Citigroup Inc. and Royal Bank of Scotland Group Plc have segregated unwanted assets into bad banks in the wake of the financial crisis.

Natixis maps out bold growth plans for Asia

After the global financial meltdown of 2008, it was fairly rare to hear about lenders in developed countries touting an expansion in Asia when some were scrambling to survive and others were trying to cope with a tougher regulatory and capital environment

Institutions risk a punch-up over lock-ups

The gloves are coming off in a tussle between fund managers and investment banks over agreements banning the sale of shares in a company for a specified period of time, known as a lock-up arrangement. The Association of British Insurers in April warned of

Institutions risk a punch-up over lock-ups

French banks riding high on wave of M&A

On a surge in French mergers and acquisitions action this year, two venerable French banks have surfed their way confidently to the upper echelons of M&A the league tables. The question now is, can they stay there?

RBS plans incentive pay to make up for bonus loss

Taxpayer-owned RBS is at the bottom of the banking pay league and feels it is being singled out for unfair treatment

Deutsche Bank under pressure to raise capital

Investors fear bank not strong enough to cope with tougher regulatory environment

London Banking Salaries Booming

The average salaries of London investment bankers is booming

Female Banker Jumps to her Death from Office Window after Clash with Bosses

The bank circulated an email confirming the suicide, adding it was a "very painful moment for the company."

Fixed income slump hits Barclays profit in first quarter

But cost-cutting programme is starting to show ‘material benefit’ and will help offset drop

Barclays faces rough ride at AGM over tax havens and bankers' bonuses

Shareholders expected to question decision to raise payouts by 10% while activists highlight bank's promotion of tax havens

Russia’s largest investment bank considering cutting most of New York staff

The bank is reviewing whether to wind down its trading operations in New York, where it has about 40 employees

Barclays sees key shareholder vote against pay policy

Standard Life Investments, a key institutional shareholder, has voted against Barclays' plan to award higher bonuses despite a 30% fall in profits.

Russia's third largest bank moves €5bln to Central Bank amidst fears of Ukraine sanctions

Russia's third biggest bank moved almost $7 billion to the central bank as tension over Ukraine rose in March and joined others in slashing its deposits in foreign banks where they could be frozen if more international sanctions are imposed.

Barclays May Cut 7,500 Investment Banking Jobs, Bernstein Says

Barclays Plc , U.K.’s second-largest bank by assets, may have to eliminate 7,500 jobs at its investment bank to improve returns at its securities unit, according to a report by Sanford C. Bernstein.

Moscow Bankers See Fees Slide 67% as Ukraine Crisis Grows

Russia Will Pay a Price for Ukraine Crisis: Berger

Spanish banks face tough rivalry in small firms bet

The big challenge will be that banks will be competing for the best SMEs

Oppenheimer opens office in Geneva

Oppenheimer Europe has opened a new office in Geneva as part of the firm’s continued international expansion.