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

William Broeksmit, Former Deutsche Bank Risk Manager, Dies at 58

They said Broeksmit was “instrumental as a founder of our investment bank”

Barclays plays down price war as it reveals similar fund charges

The two have both undercut market leader Hargreaves Lansdown, which will charge 0.45 per cent. All three fund giants control 52 per cent of the market.

Onlookers shocked as JPMorgan technology VP dies in fall from London banking tower

A man has died after falling from the JP Morgan bank HQ in London's Canary Wharf

Top bankers expect EU stress tests to reignite banking M&A

Bankers expect a thorough European Central Bank health check of the euro zone's largest banks to reignite domestic and cross-border merger activity by rebuilding confidence among lenders.

Compliance consultancy expands into DFM provision

The Thistle Initiatives Group has acquired Judicial Assess Management Limited for an undisclosed sum as part of its expansion into the investment management sector.

Deutsche bank starts talks to sell gold fixing seat: sources

Deutsche Bank is talking with prospective buyers about selling its place in the global gold and silver price setting process, known as the "fix", sources familiar with the situation said on Friday.

UBS - no difference of view on investment bank

UBS’s board supports the strategy of keeping the investment bank to help provide services needed by the company’s ultra-rich clients in wealth management, Chairman Axel Weber said.

J.P. Morgan picks BNP Paribas for novel French fund

After implementing the passport of its Luxembourg management company in France, J.P. Morgan Asset Management has chosen BNP Paribas Securities Services as depository bank and fund administrator for its first France-domiciled fund based on this model.

Swiss Investment bank to outsource fixed income trading platform

The Swiss bank will begin outsourcing its fixed income trading platform to two technology groups in an attempt to save costs

VTB Capital adapts to changing asset management landscape

Russia’s changing economic market demands that the financial services sector adjusts its focus if it is to identify new opportunities for profitable gains.

U.S. Banks Continue European M&A Domination

U.S. investment banks are picking up where they left off in European mergers and acquisitions last year

U.S. Banks Continue European M&A Domination

U.K.-based Amec and Swiss rival Foster Wheeler have agreed the outline terms for a recommended cash and share offer worth around $3.2 billion.

JP Morgan launches fund to invest in European equities

JP Morgan Asset Management India Private Ltd today announced the launch of its Europe Dynamic Equity Offshore Fund.

UBS Weighing Spinoff of Investment Banking Unit, Mediobanca Says

UBS said in October its target to reach a 15 percent return on equity in 2015 will be delayed by at least one year after the Swiss regulator requested the Zurich-based bank hold more capital for litigation risks.

London's top 10 deal makers

As the City’s M&A activity is expected to spring into life this year, who are London’s top deal makers by value?

Foreigners don’t pay tax? Really? by David Heaton

Much has been made in the press about the tax status of these migrants – so what’s the truth?

Malta-based specialist trade finance bank acquires stake in Slovenia's Prvi faktor

The initial investment contract with FIMBank is in line with the NLB's strategic plan to offload non-strategic investments

Goldman Sachs Raised 2012 Pay for Top U.K. Bankers as Rivals Cut

The largest U.S. banks reported their figures for 2012 as recently as this week under European disclosure rules that are part of a regulatory push to alter pay practices blamed for contributing to the 2008 financial crisis.

European Fees Return for Investment Banks

Investment banks secured more fees from German clients in 2013 than in any year since 2008, as fees paid across the wider continental European region also increased significantly on previous years.

Russian Rosneft to Acquire Morgan Stanley Unit

Russian state-owned Rosneft has announced plans to acquire Morgan Stanley’s unit for storing, trading and transporting oil products.