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

Worst is over for Hungary's battered banks - survey

Polish banks' share prices have collectively lost nearly a quarter of their value since a presidential election last May.

UK banks have yet to address the elephant in the room

With limited revenue growth opportunities, the focus on costs and quality of infrastructure appears to be one of the few critical areas within the banks’ “control”.

Pressure on UK high street banks at ‘all-time high’

Redress for past mis-selling, particularly in relation to payment protection insurance, was one of the main factors hitting profitability.

German Bank Branches Dying Off

According to official Bundesbank statistics, the number of German bank branches closing their doors increased once again last year.

Amazon delivery tie-up with Barclays fuels hopes for bank branch network to stay open on the high street

The scheme is part of an effort by Barclays to find new uses and revenues for its network.

Barclays to sell Iberian card interest

BARCLAYS is close to selling its Spanish and Portuguese credit card business, sources say, in a deal that could raise up to €600million (£484million).

RBS to close Indian banking operations

UK lender gives up on finding a buyer amid regulatory approval fears

Spain's BBVA looking for another Turkish bank buy -paper

The Spanish lender said last year it was considering bidding for HSBC's Turkish business. HSBC announced a couple of months after receiving bids that it had decided to retain it.

Metro Bank’s revolutionary banker Vernon Hill

Welcoming you into his bank with a handshake and a smile, he is as convivial as the most American stereotypes of customer service.

Bank of Scotland promises to help UK turn around trade gap

Bank of Scotland today pledged to help hundreds of Scottish businesses become first-time exporters as part of a wider effort to help plug Britain’s trade deficit.

BBVA Could Close 2,800 Branches in CEO's Long-Term Digital Shift

BBVA’s branch network had been shrinking in the earlier part of this decade before the lender completed the purchase of nationalized Catalunya Banc SA last year, adding 760 branches.

Santander job cuts loom in the UK as bank plans digital expansion

The bank has already signalled plans to close up to 450 of its 3467 branches in Spain this year as part of the company's move to accelerate plans to move to cheaper digital channels.

Gatehouse launches residential property finance offering

Today's announcement further underlines our strategy of providing bespoke investment solutions for our distinguished clients

DNB to close 59 branches in Norway as online banking dominates

Norwegian bank DNB is closing branches and cutting jobs as more customers move to digital channels

Bank acquisition of Piraeus' Egypt unit complete

Abk said it has signed a deal with Piraeus Bank, one of the largest private lenders in Greece, to acquire 98.5 per cent of its Egyptian unit as part of its regional expansion strategy.

Russia's first Islamic bank to open in Kazan

The Partnership Banking Center, Russia's first financial institution established upon Islamic banking principles will start operations in March 2016 in Kazan.

UBI Banca to expand beyond Mena into South Africa and Far East

UBI Banca, which was converted into a joint-stock company in October, has opened three new representative offices since mid-2015 – in New York, Casablanca and the Dubai International Financial Centre.

Banco Popolare CEO Doesn't Rule Out Capital Increase in M&A Deal

The Italian Treasury also said Friday that the banks’ top executives are determined to fulfill the ECB’s demands

Deutsche Bank reduces branch network in Germany

Deutsche Bank is cutting its retail outlets in Germany from 700 to 500 as it looks to lower costs and adapt to digital banking.

Deutsche Bank Plans to Shut More Than 200 German Retail Outlets

The move comes after the bank hinted that it will face challenging conditions in the first quarter due market volatility

Retail Banking