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

Italy presents the European Union’s new bank-rescue rules with their first big test

For Italian banks to turn a page, Monte dei Paschi di Siena must be sorted out

RBS considers accepting multi-billion pound legal hit over mortgage bond mis-selling probe

Edinburgh-based bank among the final few global lenders yet to settle in a years-long US investigation that’s garnered more than $50bn

We Still Plan a Flotation

The plans have since been put on hold due to volatile market conditions.

Al Rayan Bank launches Scottish buy-to-let property finance

Muslims represent just over 1% of Scotland’s population.

Sale of Bradford & Bingley mortgages enters final stages

Only one UK lender Paragon Bank has made it through to the last round of bidding

Co-op Bank accelerates non-core sale as crunch year looms

City sources said that both the Co-op Bank's new management team and industry regulators viewed the auction as a priority transaction.

Taxpayer no longer the biggest shareholder in Lloyds Bank as Government sells down stake

The Treasury said all proceeds from the sales are used to reduce the national debt.

Lone Star enters final talks to acquire Novo Banco

Bank of Portugal to negotiate offer amid continued interest from other bidders

Metro Bank announces £1bn small business support fund for 2017

Bank lent £544m to businesses over 2015 and £551m in the first three quarters of 2016 alone

Monese raises $10 mln for European launch

Investment into Monese represents Korea Investment Partners’ first investment in a European startup.

The European Union Is Bailing Out Banks Again

So it is solvent. Isn’t it?

Sale of small Italian banks to UBI delayed at Commission's request: sources

UBI has expressed an interest in buying three of the lenders

KBC Group acquires United Bulgarian Bank and Interlease

The acquisition will have a very limited impact on KBC’s solid capital position (-54 basis points), keeping the CET1 ratio (3Q16: 15.3%) well above regulatory minimum capital requirements.

One Nordea – New Legal Structure

The banking business in Denmark, Finland and Norway will be carried out in branches of Nordea Bank AB (publ).

RBS may reduce executive bonus awards

Plans will be discussed with RBS's largest shareholders in the new year and put into a form that can be eventually voted on at the lender's annual meeting.

RBS hit as Williams & Glyn sale faces more obstacles

It is understood that the Treasury is drawing up contingency options that it can put to the EC as back-up plans in case a sale falls through.

Poland expects more foreign owners to sell banks in 2017

The Polish government has been increasing its sway over the banking sector in what analysts have said is an attempt to gain more control over the slowing economy. Following the Pekao purchase by PZU and PFR, Polish capital now controls the country's

Lloyds to set up European arm if UK loses access to single market

Plans would ensure British bank can maintain its German and Dutch retail clients

Italy's teetering banking system could need almost £50billion to stave off collapse as its government prepares to rescue the world’s oldest lender.

The firm’s board was set to meet last night amid speculation that a government rescue could take up to three months to complete.

Societe Generale announces the sale of Splitska Banka

Central & Eastern Europe is a region where Societe Generale sees potential for future growth

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