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

European banks expected to bid for Germany & 39s IKB – resources

Personal fairness investor Lone Star is predicted to get bids from some big European banking companies for company financial institution IKB

Confusion Reigns in Finance as JPMorgan Blocks Russian Embassy Payment

The payment was to be sent from the Russian embassy in Kazakhstan to Russian insurance agency Sogaz, which is partly owned by Abros, a subsidiary of Bank Rossiya.

Natixis to Increase Japan Staff by 50% in Asian Expansion Push

The recruits will help the firm spur sales of fixed-income and equity products, including derivatives, to local clients through Japanese financial institutions.

Rothschild and Dutch lender ends Investment Banking Cooperation

Australian news website Business Spectator reported the news earlier today.

Nordea gains license to access China A-Share market

The Chinese government has granted Nordea Qualified Foreign Institutional Investor status, allowing it to trade directly in China's A-Share market through stock exchanges in Shenzen and Shanghai.

China Development Bank Deals Mark Africa Push

Between cooperation pacts signed last week with British lender Barclays PLC and French bank Societe Generale, CDB has secured expertise spanning Africa, a key focus of China’s push for global resources and influence.

Investment Banking Conflicts of Interest Probed by U.K. FCA

The U.K. finance regulator will review how investment banks manage conflicts of interest between their obligations to clients and their own trading positions.

Green Investment Bank announces major investment in UK offshore wind

The UK Green Investment Bank has revealed plans for equity investments worth £461m in offshore wind projects that will use “next generation” turbines manufactured by Siemens, which itself has plans to boost the sector.

JPMorgan Seeks to Become Among Top Three in Cash Equities

JPMorgan Chase & Co.is seeking to become one of the world’s three biggest stock brokers, lifting a division that has fallen behind its capital markets, equity derivatives and investment banking units.

Barclays poised to break JP Morgan's DCM stranglehold

Barclays is on course to break JP Morgan’s six-quarter stranglehold on the global debt capital markets league table and claim the top bookrunner spot in the first quarter of 2014.

BNP Paribas rebrands entire €35bn global fund range

BNP Paribas Investment Partners has rebranded its entire international fund range of 106 funds under the group's Parvest label.

Barclays' Rebuild

Keith Mullin: Barclays should ditch Go-To language around IB

Anshu Jain haunted by rainmaker past as Deutsche Bank fines multiply

Anshu Jain is under pressure to keep Deutsche Bank out of the headlines and focus on fulfilling its potential

BNP Paribas plans to float separate clearing business division

The business restructuring of Capital Markets and Securities Services units will also help BNP Paribas to deal with ever changing regulatory environmen

Barclays Investors Urged to Oppose Pay Chief Re-Election

Barclays Plc shareholders should vote against the re-election of the bank’s compensation committee chairman John Sunderland and oppose its pay awards.

BNY Mellon reappointed by Sweden's AP7 to provide global custody and collateral services for $28.8 billion in assets

BNY Mellon, a global leader in investment management and investment services, has been reappointed by Swedish state pension fund Sjunde AP-fonden to provide global custody and collateral services to assets valued at $28.8 billion.

Hounding of investment banks 'puts City in danger’

Britain's leading fund managers have warned London risks losing its place as Europe’s financial centre if investment banks are “hounded” out of the country due to public anger over bonuses.

After ABN, other Dutch banks eye new life

If growth was your main objective then you’ve got a difficulty in this market

BNP targets annual growth above six percent for investment bank

It also said it had increased its Asia staff by 400 net as part of a hiring spree to increase exposure to Asia Pacific

BNP Cutting 1,600 Jobs in Ukraine as Turmoil Escalates (1)

BNP Paribas SA, France’s largest bank, is cutting 1,600 jobs at its Ukrainian unit, or more than 20 percent of the workforce, as the country faces mounting unrest and a standoff with Russia.