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

UK bank branch numbers have almost halved since 2015, analysis finds

4,735 branches have shut or been earmarked for closure in last six years according to consumer group Which?

UK lender allows homebuyers to borrow seven times salary

Habito’s mortgage terms could revive wider concerns over responsible lending practices

ING to exit retail banking in France

ING is currently exploring the feasibility of an agreement for its client portfolio with third parties.

BNP Paribas reached an agreement with BMO for the sale of Bank of the West

The Transaction is expected to formally close during the course of 2022, upon customary condition precedents

Irish retail banks subject to most restrictive variable pay conditions in EU

Bank staff disadvantaged compared with those working in global big tech and fintech

Major UK banks to roll out shared banking hubs

The retreat from the high street has led to significant concerns over access to cash for vulnerable and older people who still rely on notes and coins in their daily lives.

BNPL-focused TBI Bank enters greek market

Over the past 20 years there the Bank has developed unique know-how in the field of phygital all-inclusive lending

UniCredit wins Turkish regulator approval to sell Yapı Kredi stake

UniCredit is following U.S. banking giant Citigroup and top British insurer Aviva in exiting stakes in Turkish financial companies.

Lloyds Bank to shift to growth mode under new chief

Charlie Nunn will raise budget for private rental business as lender targets wealth, commercial and investment banking

The UK’s seventh largest bank to close 70 branches as customers move to online banking

These changes allow us to maintain an extensive branch presence across the country.

New ‘purpose-built’ $1bn UK clearing bank launches in London

The First Pre-revenue Bank in History to Attain a $1.1bn Valuation

Nationwide's profits more than double

Pre-tax profits rose to £853m in six months to September, from £361 a year ago

Carlyle terminates discussions over Metro Bank takeover

The Board continues to strongly believe in the standalone strategy and future prospects of Metro Bank.

BBVA launches offer for rest of Garanti in bet on Turkey

The bid will be carried out after BBVA receives all the necessary regulatory approvals.

BNP hires advisers to explore $15 billion Bank of the West sale

Discussions are still at an early stage and no deal is certain, they said.

Co-Op Bank Set for First Profitable Year After Decade of Losses

The firm generated an additional 1.1 billion pounds of gross mortgage lending in the quarter, taking the total for the year to 4.1 billion pounds.

Landbay inks £500m deal with Atom Bank

Durham-based neobank Atom is planning to expand funding partnerships as part of a strategy to grow its lending book via third party lenders.

Metro Bank confirms takeover offer by Carlyle

Metro Bank has engaged with Carlyle in relation to its Possible Offer and a further announcement will be made as and when appropriate.

Commerzbank - Positive net results

Commerzbank confirmed its strong customer focus, being ranked once again as the leading trade finance bank for German companies.

ING posts 3Q2021 net result of €1,367 million

We aim to digitalise processes in order to increase productivity and decrease the time customers have to spend on banking.

Retail Banking