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

Terrible Start for Investment Banks

The consequences of geopolitical events and lackluster growth in emerging markets but state that CEO confidence is at a high

HSBC gags some analysts on politics as banks clam up

But a blanket ban on public appearances is unusual.

The best European banks to work for on Wall Street

If Barclays is low on capital in the U.S., it is at least profitable.

QInvest exits $62m luxury London homes project

Qatar-based Islamic investment bank says St John's Wood project fund generated 22% returns to investors

Deutsche Bank board member says staff not quitting over bonus cuts-paper

The rest will hopefully be largely dealt with by the end of the year.

Russia's VTB plans to slim down in Europe, keep London as hub

"If you take any Russian company on a roadshow, then absolutely the first center where you go remains London."

A Small Part of Standard Chartered Is Giving the Bank Big Problems

The soured deals were a major reason why annual profit fell short of analysts’ estimates.

BNP Paribas lands €60 billion custody mandate

The decision to consolidate into a single securities custodian followed an internal analysis process, and is expected to lead to significant cost savings, allowing Mapfre to focus resources on its core activity.

Challenger bank posts £11.7m loss

It’s been another great quarter and I’m delighted with our full-year performance.

Barclays price target increased by bullish Deutsche Bank

The stock is trading below its net tangible asset value, prompting DB to lift its price target

Credit Suisse Sees $750 Million Revenue at Risk in `Hard' Brexit

International companies that don’t depend on so-called passporting to do business with Credit Suisse account for most of the overall revenue there.

Barclays Said to Cut Investment Bank Bonus Pool for Third Year

The decrease would have been bigger if not for a drop in the pound that made paying U.S.-based employees more expensive.

Clearing houses top Bank of England’s agenda

Stress tests for clearing houses, which sit at the centre of huge webs of financial trades, are on the cards for 2017

ING and Société Générale successfully use blockchain prototype for live oil trade

The test proved that there were significant speed, cost and risk benefits to be achieved.

Barclays full-year profits almost treble to £3.2bn

We are now just months away from completing the restructuring of Barclays.

Shrinking investment banks can’t make enough money

Margins are improving but jobs are going - because investment banks still don't cover their cost of capital

Barclays reports surprise capital boost as legal costs loom

While Barclays profits were lower than expected

Credit Suisse investment banking associate leaves to join Uber

Junior investment banking jobs are, of course, renowned for their relentless long hours and strict hierarchical working environment.

Germany a favourite for Citi's Europe investment banking HQ

Citi will move several hundred jobs outside of London in the wake of Britain's decision to leave the European Union.

Moody’s Changes Outlook for 14 Russian Banks to Stable From Negative

Has been changed to stable from negative amid the upgrade of Russia's sovereign debt rating.

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