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

A Truly Terrible Idea for Deutsche Bank

A Commerzbank merger would make a mockery of the EU’s hopes to avoid lenders that are “too big to fail” – and the bloc's plans for a banking union.

Top graduate starting salary is now £60,000 investment banking role, while lowest paid is £20,000 in charity sector

Investment banks are now offering university leavers salaries of up to £60,000

If investors don’t overhaul banker pay, populism will

The news last week that Santander was abandoning its planned hire of UBS investment bank boss Andrea Orcel as chief executive, highlighted an odd side-effect of those pay reforms.

BofA’s Moynihan confirms plan to hire investment bankers

The bank will focus on expanding coverage in the US, but also hire bankers in Europe, chief executive says

OTP Bank closes acquisition of Societe Generale’s Bulgarian business

The integration process is scheduled to be wrapped up next year.

SocGen's Trading Slide Adds to Setbacks for French Banks

Bank expects revenue hit, charge for disposal of units

Andrea Orcel’s move from UBS to Santander falls through

A new signing proves too pricey

Santander bank announces next charity partner

A staff vote plumps for the Alzheimer's Society for the next three years

Lloyds Banking Group to lend £18bn to UK businesses

The funds will be used to support start-ups and small business looking to grow.

German government sounds out bank supervisors on bank merger: report

Commerzbank, BaFin and the Finance Ministry declined to comment.

Expecting a Huge Payout, Investment Banker Loses His New Job Instead

Mr. Orcel had spent the past seven years at UBS, heading investment banking, but resigned after Santander said it was hiring him.

The great irony of the Brexit vote and this year's banking bonuses

The same year, Morgan Stanley paid 322 people in its institutional securities business an average of £118k ($151k) in cash bonuses.

VTB cuts 100 staff in London as US and EU sanctions bite

Russian bank says it has relocated some employees to Frankfurt, citing sanctions and Brexit

RBS study reveals decline in private sector activity

According to the lender, the country’s operators suffered a drop in activity during December.

BNP Paribas Is Said to Shut $3 Billion Prop Trading Arm

Regulators have clamped down on proprietary trading -- or prop trading, for short -- since the financial crisis.

Bramson to profit lavishly if his raid to join the board is successful - he's now urged to 'come clean on Barclays fees'

If he gets a chairman or executive director job, it would dramatically increase the fees earned by Sherborne based on a complex formula under the fund’s rules.

Deutsche Bank to Intensify Outside Talks Over Strategy

Shares of both German lenders lost more than half in past year

Stout Expands Investment Banking Operations in Europe

In addition, Mathis will contribute his extensive network in Greater China and work closely with Stout's offices across the region on Sino-European transactions.

Barclays threatened with boardroom shake-up as investor calls for vote

Edward Bramson says more resources should be funnelled towards consumer operations

Bonus payments at US investment banks set to dwarf those at their European rivals once again

Jason Kennedy, of recruitment firm Kennedy Group, told the Daily Telegraph: ‘For years the Europeans have played in the second division while the Americans have been playing in the premier league.