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

Crédit Agricole Eyes Expansion in Germany

France’s second-largest bank sees opportunities in its most important market after France and Italy, especially in private banking.

Barclays to charge up to £350k for research

Barclays is the first major bank to set out its stall.

Morgan Stanley Picks Frankfurt for New EU Base of Operation After Brexit

The German city has emerged as a favored destination for banks seeking to relocate jobs from London.

Nordea profit falls

Customer activities in the capital markets have been lower this quarter due to low volatility.

Citi to add 150 new jobs in 6 EU locations as result of Brexit

The Frankfurt broker-dealer, which houses the investment bank’s trading business, will be created by converting a licence Citi already has in Germany.

The U.S. head of equities at BNP Paribas mysteriously disappeared

BNP Paribas is one of the few banks going for growth right now: the French bank wants to achieve compound annual revenue growth across the corporate and investment bank of 4.5% over the next three years.

Handelsbanken Q2 operating profit beats forecast

Operating profit fell by 2% to SEK 5,257m (5,347), but increased by 3% after adjustments for non-recurring items in the quarter of comparison

Citigroup chooses Frankfurt as its new European trading hub

Citigroup already has around 350 employees working in Frankfurt

Deutsche Bank switches ad agencies

We don't think agencies are in structural decline, although they face low top-line growth and need to simplify.

HSBC Bans Traders From Buying Stocks, Bonds on Their Personal Accounts

Employees allowed to maintain existing holdings, people say

Expect another meh quarter of weak trading revenue

There’s no real growth on the top line.

JP Morgan CEO confirms plans to grow Dublin business following meeting with Taoiseach

The JP Morgan chief’s meeting with the Taoiseach and his statement in relation to the US bank’s plans to grow its Irish operations follows several months in which speculation has intensified in relation to its post-Brexit plans.

Europe turns to Europe for deals as US and Asia M&A slips

The effect of many of the current political situations around the world is forcing European players to think about European consolidation.

Robots enter investment banks’ trading floors

UBS among the banks looking to AI to boost traders’ performance

The European Investment Bank offers advice for venture capital in Africa

As Germany uses the G-20 to push private investment, Muent acknowledged that the need for development financial institutions such as EIB will remain.

Brexit Bulletin: Deutsche Heads for the Door

Deutsche Bank to move parts of trading and investment banking to Frankfurt

RBS to Exit Chinese Securities Venture in $52 Million Sale

The exit comes at at time when foreign banks are seeking more control of their China securities businesses.

Europe’s top investment banking fee earners at the halfway stage

Revenues rose across most business lines in the Emea region, with some banks making big gains as activity picked up

Deutsche Bank hiring drive aims to lift US M&A revenue 25%

But we’re out of it and the bank now has the capital to make investments.

Georgia's BGEO to demerge into London-listed banking, investment arms

A demerger of the businesses will deliver additional long-term value to shareholders by creating two distinct entities.

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