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

Banks and tech firms in London are subletting heaps of office space amid Brexit uncertainty

The government has appealed and the case will be heard in the Supreme Court next month.

Societe Generale Corporate & Investment Banking opts for Message Automation for global rollout

This is a global relationship, and the first phase of the implementation is scheduled to go live in December 2016.

Realistic Ireland unwilling to host large trading schemes, investment banks told

Central Bank indicates it will apply strict regulatory standards to high-risk business

Why Credit Suisse’s Local Spin-Off Stopped Making Sense

Planned part-listing of domestic arm solves the wrong problem

Wells Fargo Asset Management launches Global Focused Equity Fund and US Small Cap Value Fund

The new funds broaden the current product lineup and provide more investment options to investors. Both funds are UCITS compliant and available to institutional and retail investors.

UniCredit Finds Bullish Favor Ahead of Italy Referendum, but Monte dei Paschi still Lags

Dilutive capital raising leaves Monte dei Paschi reeling while strong capital generation boosts UniCredit

Banque de Luxembourg Investments: New equities fund invests in listed European family businesses

New equities fund invests in listed European family businesses

The Italian Patient

Italy's largest bank is looking to dump its investment arm

EUB BNY Mellon Appointed Trustee and Paying Agent on Largest Ever Local Authority Bond in U.K.

The proceeds of the issuance will be placed with the Council's Capital Fund and used to fund capital expenditure programmes on vital infrastructure projects in Aberdeen.

Fosun becomes largest shareholder in Portugal’s leading bank

Fosun the biggest shareholder in the largest listed bank in Portugal

Worst Asia Stocks Better Buy Than Best Bonds for Julius Baer

Julius Baer has a seven percent allocation to emerging market bonds

ABN Amro third quarter profit up 19 percent; to shed more jobs

Seven analysts polled by Reuters had forecast underlying profit at 501 million euros.

Dutch state sells a further 7% of ABN Amro

The transaction is due to be settled on November 21, a year and a day after the state sold the first 23%.

EIF signs guarantee deals with 5 Bulgarian banks in support of SMEs

The five guarantee transactions are covering two-thirds of the target 600 million euro of total SME funding available under the initiative.

Top 12 investment banks’ revenue to fall 5%

Coalition expects the revenue of the leading IBs to reduce to $152.2bn this year

Deutsche Bank considers witholding bonus payouts to former CEOs

Deutsche Bank has had a volatile year.

Deutsche Bank to Close Brokerage Business in Poland

Deutsche Bank has been undertaking several initiatives under its strategy 2020 to improve the overall business performance.

Santander buys back asset management business

Chairman Ana Botín unwinds another part of late father’s strategy

Mediobanca to sell down Generali stake in wealth management drive

Italian bank looks to diversify in face of competition from US rivals

Investment banks’ profits driven by debt trading

Fixed income, currencies and commodities put in the strongest quarterly performance