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

HSBC UK overhauls mobile banking app

One in five (22%) of 18-24 year olds spend 7 hours or more a day on their phone.

Lloyds Banking Group Leverages FICO Platform to Move Lending Infrastructure to the Cloud

This transformation addressed the limitations of Lloyds’ legacy lending infrastructure, which it said struggled to support growth and evolving customer needs.

NatWest vows not to forget ‘lessons’ on bankers’ bonuses

This will see the maximum bonus for an ED rise from being equal to their salary to being 1.5 times the level of their salary.

Investec provides CBRE Investment Management and Chancerygate with £18m loan

Industrial capacity in Europe’s dominant e-commerce centre has reduced by 25% in the last 20 years.

Santander “first” UK bank to launch voice banking technology

This project is also being carried out with Nuance.

Citi clients in Russia receiving some frozen funds, Russian lawyers say

Around $300 billion of Russia's sovereign assets were frozen by sanctions, but millions of private investors were also affected.

Santander secures Canadian banking license

Santander, which has 168 million customers globally, has a major presence in the Americas, and is also a more prominent lender in the U.S. than other European competitors.

Banco BPM investors holding 6.51% stake oppose UniCredit bid

Italy's second-largest bank in late November swooped on BPM, which has long been a natural takeover target for the bigger bank given its roots in Italy's wealthy Lombardy region.

Santander Reduces Branches in the UK

British press has speculated that Santander may pull out entirely from the country

Banks’ commissions topped €2 bln in 2024

This was contributed by lending – mainly to businesses – and increased card transactions, but also investment banking

Spanish banking company BBVA has developed a new strategy

At the same time, the application must be approved by the regulatory authorities before submitting the proposal to Sabadell shareholders.

Full list of 56 NatWest and RBS bank branches shutting for good in 2025

NatWest customers can use RBS branches for everyday banking services, and vice versa, for RBS customers and NatWest branches.

Retail banks face a loyalty crunch as card experience leaves customers underwhelmed

The banking landscape is undergoing significant disruption driven by the rise of contactless and remote payment options.

Santander invests EUR 166 million in community support to help five million people

The bank’s work centres on education, employability and entrepreneurship, as well as initiatives in financial education and help for vulnerable people and groups.

UK banks hit a month of outages in the last two years; Barclays to pay out millions for IT downtime

The data does not include the most recent outages affecting Barclays customers between 31 January - 2 February and various banks on 28 February, disruption which left many people distressed on payday.

HolaBank expands its service with ten branches in the north of Spain, propelled by the growing volume of home purchases by international customers

All this with a streamlined process, supported by multilingual managers and with the advantage of not having to translate certain documents.

Retail Banking