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

CaixaBank reports a net profit of €4.25 billion in the 9 months to September

Intense commercial efforts have been made in wealth management products so far this year.

Barclays shares soar to 9-year high as bank posts 23% profit rise

The bank reported a 23% increase in attributable profits

Disposal of non-performing Italian mortgage portfolio

The sale of the majority of loans within the Portfolio has now completed, with the sale of the remainder expected to complete later in Q4 2024.

Britain's Lloyds Bank Q3 profit holds flat, beating forecasts

Britain's biggest mortgage lender reported statutory pretax profit for the July-September period

Commerzbank deal: Unicredit also gets support from Germany

The fact that this transaction came about with the blessing of the former ECB chief undoubtedly caused some unease in the German cabinet.

Italy can't protect its banks if UniCredit buys Commerzbank, union leader says

The ECB has said large, European banks would be better able to compete with bigger rivals in the United States.

ABN AMRO announces interest rate averaging for mortgages

Whether a given client can benefit from interest rate averaging depends on several factors, including the type of mortgage, the interest rate and the remaining fixed-rate period.

European Investment Bank crafts new funding plan to keep startups in the EU

The focus will be on supporting late-stage growth and (upcoming) unicorns

Commerzbank would lose clients in UniCredit merger, German lender's CEO says

Italy's second-biggest lender after Sanpaolo Intesa has been pressing for a tie-up while Commerzbank has been honing its defence.

How a former Jefferies banker is battling burnout: ‘You need to enjoy the ride’

Big investment banks are facing fresh scrutiny over the brutal hours clocked by their junior ranks.

Cavendish: City investment bank warns of Budget ‘uncertainty’

Our profitable first half, in both public and private markets, demonstrates the broad appeal of our service offering and the efficiency of our platform”, the firm said on Monday.

Saxo Bank launches new investor platform in UK

As part of the launch, Saxo is offering $0 commissions on 100 of the most popular US stocks from 1 October to 31 December

European Investment Bank lends Nexi €220m

The European Investment Bank (EIB) is lending Italian paytech giant Nexi Group €220 million to support digital payment innovation.

Banks Ready to Forget Pain of Hung Debt Go Big on Buyout Funding

Undaunted, large banks are once again making aggressive moves.

London's newest banking boutique pays cash and is ok with working from home

But in the natural resources sector H&P offers everything, including M&A advice, and equity and debt capital raising in both the public and private markets.

JPMorgan Aims to Expand in Africa and Scandinavia

And a report Wednesday from Reuters notes that CEO Jamie Dimon plans to travel to Kenya, Nigeria, South Africa and Ivory Coast next month to boost the bank’s expansion in Africa.

Banca Generali offers 3.04 euros/shr to buy out Intermonte, delist it

Shares in Intermonte closed at 2.49 euros each on Friday, meaning the price of Banca Generali's bid entails a 21.9% premium.

Dutch economy in focus - One swallow does not make a summer

Growth picks up more next year as rates are cut further, global trade picks up, and consumer demand increases.

The UK investment gap: £430 billion in cash savings not invested by UK adults

Barclays believes that changes to regulation and improved consumer support are key to addressing the investment gap and enabling more UK savers to invest.

Commerzbank, UniCredit shares extend gains as Orcel lays out plans

Analysts see the boost to UniCredit earnings from a deal that would propel its German business from a regional to a national one, with a strong focus on the country's small- and medium-sized enterprises.

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