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

Nationwide and Santander slash mortgage rates – ‘other lenders may follow’

In addition to these, Nationwide is reducing selected two-, three-, and five-year fixed rates for existing customers moving home by up to 0.40%.

NatWest is giving £200 cash boost to people for free for making simple bank change

Here are more details of what you need to do to receive the £200 from the bank and what the eligibility rules are

Inside the £673mn debt burden SJP advisers are grappling with

Those loans are also made to advisers, and it is the advisers responsibility to repay the bank.

Barclays has announced 9 more bank branch closures

The nine closures announced this month

Global Finance recognises CaixaBank's digital transformation with 14 awards, a record for the bank

Recognition of the digital transformation and innovation

DZ Bank achieves go-live of Regnology Abacus360

Regnology Abacus360 offers financial institutions cost-efficient scaling opportunities and uses cloud-based computing.

Santander UK increases interest rate on easy access account to seven per cent

The bonus rate for existing Edge Saver customers will apply from today until 12 months have passed from the date their account opened.

Barclays becomes latest lender to cut mortgage rates

Barclays' changes follow similar announcements from other large lenders

UK's Co-operative Bank buys Sainsbury's Bank's 479 mln stg mortgage portfolio

Once the deal is completed, Sainsbury's Bank customers are expected to transfer to the Co-operative Bank over a period of one year.

Lloyds Bank names agency to manage its private rental stock

The deal will see the department look after the mobilisation, lettings and management of 604 properties that Citra agreed to buy last month in June from housebuilder Barratt Developments plc.

Commerzbank sets up new €10bn asset management firm Yellowfin

Yellowfin will target institutional investors, corporate clients, and high-net-worth individuals with managed assets of at least €30m, complementing Commerz Real and Commerzbank’s own asset management services.

Commerzbank with strong first half of the year – net profit increased by almost 50% to €1.1 billion

The cost-income ratio improved to 61% in the first half of the year.

Commerzbank Second Quarter 2023 Earnings: Revenues Beat Expectations

The increase in margin was primarily driven by lower expenses.

NatWest imposes new cash limits in latest de-banking row

The move has raised fears that increasing curbs on the use of paper money across the system could have negative consequences for consumer

HSBC bank chief issues apology over calling UK 'weak'

Tensions between US and China have continued to worsen in recent years.

NatWest caps off tumultuous week with mixed results

Deposits have also stabilised after disappointment in this area in Q1, even if the bank is paying up to retain these.

CaixaBank reports a net profit of €2.14 billion up to June (+35.8%) driven by strong commercial performance, with NPL ratio at record lows

During the first half of the year, core revenues increased by 31.3% year-on-year, to €7.11 billion.

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