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

Halcyon days over for investment banks

Today’s landscape is almost unrecognisable from what existed before the crisis

Why Barclays CEO Staley opted for war when Dimon chose surrender

Barclays said to balk at $5 billion penalty for mortgage bonds.

How JPMorgan could not save Italy’s problem bank

The bank had instead pinned its fate on JPMorgan's plan to clear out 28 billion euros ($29 billion) in bad debts and raise 5 billion euros in equity - one that ended in failure in the early hours of Friday when the Tuscan lender said it could not fin

Dozens of UK banks start applications for Irish licences

“We see the whole gamut of firms inquiring for establishing or growing in Ireland, it is MIFID (markets in financial instruments directive) firms, insurance companies, CSDs (central securities depositories), payments institutions.” he added.

Commerzbank joins peers in paring back services to Gulf

One of the bankers said he believed the German bank might allow exceptions for certain large low-risk clients.

Trump May Have a $300 Million Conflict of Interest With Deutsche Bank

The removal of a personal pledge might lead to more-stringent terms.

France's BNP Paribas builds up its M&A team in Britain

BNP and its French national rival Societe Generale have said that having overhauled their balance sheets years ago, they are now winning market share in corporate and investment banking despite a regulatory squeeze that is pushing other parties to scale b

'Worst kind of company': Alarm in Britain over Macquarie Bank's proposed takeover of UK's Green Investment Bank

Initially Parliamentarians had feared that if owned privately the Green Bank would expand beyond its remit.

EIB to channel 1 bln to local banks

The head of the EIB, Werner Hoyer, and European Commissioner for Regional Policy Corina Cretu are expected in Athens on Thursday to mark the announcement.

‘EU bank must not become an arms fund’

This fund would be boosted to €500 million a year thereafter.

Cyprus admitted to ICMA

CIFA’s accession to the ICMA follows a number of recent measures that have enhanced the legislative and regulatory framework governing the Cyprus funds industry.

Societe Generale’s European businesses on strong recovery path

Russia back in black for good as global retail gains ground

UniCredit slashes jobs, eyes 13 billion euros in fresh capital

UniCredit was among the worst performing banks in stress tests carried out in July by the European Banking Authority

10 outrageous predictions for 2017

A pullback from the reach for yield will see interest rates rise further globally, excluding Japan.

UK banks still vulnerable to a toxic cocktail of taxpayer bailout risks

This so-called ring-fencing will come into effect later this decade.

Credit Suisse Investment Bankers Eye Own Listing as Year's Biggest

Although a relatively simple transaction in technical terms, the stakes are high for Credit Suisse and for Illy.

Deutsche Bank's staff pay stays high, come rain or shine

The bank has consistently paid bonuses and high salaries to reward success

Bank closures map of the UK: More than 1,000 branches have closed in just two years – and HSBC has cut more than a quarter of its network

It follows the revelation at the weekend of an exclusive list of branches HSBC has closed this year by our sister paper the Mail on Sunday.

Lloyd's of London plots EU shift to ward off Brexit threat

Lloyd’s, which generates around 11pc of its revenues within Europe, has been a vocal supporter of remaining in the EU

Emergency central bank funding to Greek banks drops by 1.3 bln eur in November

The European Central Bank lowered the cap on ELA liquidity Greek banks

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