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

European Investment Bank dangles Shs61 billion for women entrepreneurs

UDB loans range from three years to 15 years with the interest rate ranging from 10 per cent to 16 per cent depending on the type of project one is undertaking.

Top Investment Bank Slashes 1,500 Jobs

The decision to scale back was made when the bank saw its stock price surge 25% higher this year and reported strong earnings and corporate growth.

New number of shares in Handelsbanken

Following the increase, the total number of shares in Handelsbanken is 1 979 446 615

Deutsche Bank very much impressed by Barclays corporate and investment bank

At Barclays, by comparison, there's an ongoing commitment to being a full service U.S. and U.K. centric investment bank and while investment bank jobs have been cut, the layoffs are a splish in the ocean by comparison.

Deutsche Bank offloads more than $50bn in assets to Goldman Sachs

Barclays and Morgan Stanley also purchased certain portions of the portfolio, sources told Bloomberg.

Deutsche loses more ground in Germany as Wall Street rivals smell blood

German lender now ranks fourth for investment banking revenues generated in its home market in 2019

HSBC, Standard Chartered and Crédit Agricole join trade finance assets marketplace

This latest partnership will expand upon the company’s offering by adding the possibility of enabling corporates to submit requests for pricing on trade finance instruments to financial institutions.

The shrinking elite of front office bankers

You are part of a shrinking tribe.

Banco Santander drops plan for replacement CEO

The surprise announcement comes after an unusually contentious negotiation that would have required the incoming honcho

Prada inks €50m deal for sustainability-linked loan in fashion industry first

The five-year loan, which Prada claims is a first for the luxury fashion industry, opens the door for the Italian brand to be rewarded with more favourable interest rates depending on its progress towards annual sustainability targets.

European banks slash $280bn from main US businesses

Deutsche Bank leads trend of moving assets into lightly policed branches

Could Metro Bank go bust?

As a rule, anything above 3 is pretty solid, while anything below 1.8 is a riskier prospect.

An ex-SocGen structurer has a home for former bankers

Now, we’re opening a wealth tech platform to service our external asset managers and family offices clients and are looking to hire private bankers to be also able to service final clients in house

Goldman Sachs has been showing its tech bankers a lot of love

It probably helps too that the technology sector was the most active for M&A globally in the first nine months of the year, and experienced the fastest growth.

Deutsche Bank Using Robots to Replace 18,000 Workers In Radical Restructuring Plan

Part of an $8.3 billion overhaul in what CEO Christian Sewing called the “most comprehensive restructuring of our bank in two decades.”

ABN Amro’s Q3 profit drops 24 percent on higher costs for client oversight

Dutch finance minister Wopke Hoekstra said in September he would talk to banks about the consequences of negative interest rates, but resisted calls by politicians for an outright ban of them on smaller deposits.

ECB Group hires UBS, Barclays as financial advisors for large HVO plant

Erasmo Battistella, head of the ECB Group, said on the sidelines of the BiodieselBR 2019 Conference in Sao Paolo that the company has bought the land for the plant near Assuncion and is finalising the project.

European Investment Bank Expands Trade & Investment Insurance Benefits to West Africa

Agreements for intended financing signed at African Investment Forum

Credit Agricole third-quarter profit rises as its investment bank shines

Revenue rose by 4.8% to 5.0 billion euros.

Why Being Forced To Shrink Investment Banking Arm Was A Good Thing For RBS

The large-scale reorganization plan was triggered by conditions imposed on RBS as a part of its bail-out at the peak of the recession as well as stricter regulatory changes in the wake of the downturn.