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

Client pulse: wealth planning concerns during the pandemic

The pandemic has caused many clients to really assess what they want their lasting legacy to be.

Saxo Bank’s most traded Q1 stocks: Tesla took investors for a ride

Following a fantastic year in 2019, the market took a tumble in the first months of 2020.

Investment banks braced for pandemic earnings wipeout

European lenders seen as more vulnerable, with Wall Street poised to grab market share

EFG Hermes grows revenue by 20%

Growth at the NBFIs platform was primarily driven by the Group’s microfinance solutions provider, Tanmeyah, which saw its top line reach the £1.0 billion mark in FY19, up 66% Y-o-Y.

RBS pays out 70 per cent of government coronavirus loans

Small business owners have reported that the service is not working properly, with banks too slow to provide loans.

World’s Best Investment Banks 2020: Global Winners

Economic expansion in 2019 provided solid growth for investment banks, but the COVID-19 epidemic suggests contraction ahead.

British Bank Bosses Rush to Pledge Pay to Coronavirus Charities

CEOs Ditching Dividends Should Consider Their Pay, Investors Say

Investment bank completes acquisition of boutique target

In 2019 the two companies generated around £195m revenues and advised on a combined completed 190 deals.

Credit Suisse sets up investment banking sustainability advisory

He will lead the Environmental, Social and Governance advisory group, according to an internal memo seen by Reuters and confirmed by a spokeswoman.

Jefferies Group CFO Dies Due To Coronavirus Complications

For over a dozen years, Peg has been our CFO and partner, and helped us build Jefferies from less than half its current size

Banks Struggle To Ride To The Rescue In Europe's Cash Crunch Battle

Deutsche Bank and Commerzbank said on Monday they had received thousands of queries from mainly small and medium-sized business clients for the KfW credits.

World’s five largest banks see investment banking revenue slide to $26.1bn

The banks take the role of underwriter, making sure that bonds or stocks are competitively priced and sold.

Barclays Warns It’s Very Unlikely to Hit Profitability Goal

Oversea-Chinese Banking Corp. expects revenue growth to be “relatively muted” this year as the outbreak slams economies. United Overseas Bank Ltd. said its bad-loan costs may be greater than it initially estimated.

Royal Bank of Scotland: Howard Brown's Switcher to RBS

Marking his first return to the world of advertising, since he made a cameo in an advert for Hotels.com, to emphasise how easy it is to switch banks, RBS has got Brown to do so, in a public way.

Societe Generale: Availability of the report on corporate governance

Availability of the report on corporate governance

Natixis shares hit on H2O losses - reports

Owns 50.1% stake in beleaguered asset manager

Coronavirus layoffs coming soon to a bank near you

While ML's cuts were some of the most memorable of the Asian crisis, they weren't unique. In a reminder that smaller banks and boutiques can be more vulnerable to 'events' than large ones.

Goldman Sachs warns coronavirus will push UK into recession

Due to the outbreak of coronavirus the banks economists have outlined a range of responses which includes two cuts in interest rates by the Bank of England by May 2020.

Clydesdale to re-open claims on failed offshore investment

It was as a result of this initial review that many investors were told their claim would not be accepted.

Coronvirus: HSBC trading floor evacuated after analyst falls ill

England’s chief medical officer, Professor Chris Whitty has said on Thursday morning three more cases of coronavirus have been confirmed in Scotland, bringing the total in the UK to 90.

Investment Banking