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

Societe Generale Q4 Profit Down 82.3%

We are starting 2018 with confidence, sustained by the ambition to seize the growth opportunities of our activities, in an economic and financial environment that should gradually be more favourable.

Deutsche Bank, J.P. Morgan Lead Europe Equity Sales

The German bank was chosen by money managers as the best generalist sales firm in II’s 2018 All-Europe Sales Team.

Société Générale ekes out quarterly profit despite charges

Results helped by an improving trend in bank’s French and international retail units

French bank SocGen produces unexpected fourth-quarter profit

SocGen's shares rose 4.6 percent in early trading.

Volatility’s return is a lifeline for becalmed bankers

What investment banks needed was good old-fashioned uncertainty, and this week’s stock market tumble seems to have delivered that

Carillion Exposure Sends Losses Soaring at Handelsbanken

The common equity tier 1 ratio decreased to 22.7% (25.1) after proposed dividend and the total capital ratio was 28.3%

StanChart prunes coverage, may cut investment banking jobs

Move part of a two-year overhaul at the bank that investors hope will help lender return to higher revenue growth

Credit Suisse and Nomura liquidate ETN products amid market volatility

Swiss bank says the closure of the product had ‘no material impact’ on the group

Handelsbanken’s year-end report for January-December 2017 will be presented on February 7

The year-end report for January‑December 2017 will be published at 7:00 a.m. CET, on February 7, 2018.

Deutsche Bank suffers deeper than expected quarterly loss

Only a charge related to US tax reform at the end of the year meant that we had to post a full-year after-tax loss.

Barclays aims to increase presence in middle market debt

The bank has set up a dedicated team to target opportunities from its debt finance department.

Doughnut danger: banks get harsh with bonus carve-up

Heady expectations look set to be met with harsh reality in this year's bonus round, with only top performers and certain divisions in line for a rise

ABN Amro to expand selectively in Asia

Maureen DeRooij, chief executive Asia-Pacific, says focused nature means that the bank will grow at a steady clip amid boom and bust.

Morning Coffee: This is dreadful news for Deutsche Bank bonuses. CEO’s secret career weapon

The increase comes after Deutsche’s investment bank performed poorly in the first nine months of 2017

Robeco inks outsourcing deal with JPMorgan

The outsourcing process will commence this month and is expected to be completed within two years.

Danske Bank no longer placed under AML investigation in France

This means that Danske Bank is no longer placed under formal investigation, but still forms part of the investigation as an assisted witness.

US advisory weakness hurts UBS

The bank, like others, was affected by the low volatility across financial markets.

UBS, Morgan Stanley and Belgrave top 2017 table

Fourteen of 20 best-performing funds specialise in investing in China

Santander to Transfer Part of Investment Bank From London to Madrid -Expansion

Santander says the move won't lead to job transfers nor impact the bank's capital ratio

SocGen faces loss of €2.2bn tax credit from rogue trading scandal

Société Générale is France’s third-largest bank by market value

Investment Banking