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

Metro Bank growing after customer boost but big banks still rule the roost

The new bank continues to show considerable growth but remains some way off the industry's biggest players

Old Mutual plans to retain Intrinsic mortgage arm

We’ll probably take 12 months and see

Secure Trust Bank H1 pretax profit up 84 pct

The benefits of its previous acquisitions, strong controlled growth in the lending book and the entry into SME markets have contributed to a new record level of underlying profit.

Spain's state-owned AENA appoints banks for share sale

Spain's state-owned AENA has appointed banks Santander, BBVA, Bank of America Merrill Lynch, Goldman Sachs and Morgan Stanley to run a process in which just under half the company will be privatised

Spain Sells Catalunya Banc to BBVA for $1.6 Billion

Spain has taken an important step toward completing the cleanup of its banking sector by selling the state-owned Catalunya Banc to BBVA for 1.19 billion euros, or $1.6 billion.

Banco Espírito Santo Reassures Retail Clients over Parent's Debt

According to the bank, retail clients held 255 million euros in debt from the holding company, Espírito Santo International SA, as of July 10.

Espirito Santo International files for creditor protection

Holding company of Portugal's second-largest bank says it can't meet its obligations

Nordea Estonia boosts profits in H1

The leading European financial group member Nordea Estonia's net profit was 19.1 million euros in the first half of 2014, a major improvement from 12.7 million euros earned at the same time last year, Äripäev.ee/LETA reports.

RBS and Lloyds could be broken up in competition probe

The Competition and Markets Authority (CMA) today unveils the results of its study of the small business banking market and the current accounts sector.

Handelsbanken 2Q net profit tops forecasts

Sweden's Handelsbanken reported on Thursday second-quarter operating profit above expectations thanks to lower loan losses and a boost from dividend income.

Bidders circle as NAB offloads non-performing British loans

National Australia Bank’s $1.2 billion sale of a portfolio of British loans is picking up pace, drawing interest from four parties including giant debt investors Oaktree Capital Management and Pimco.

Big Four banks lose out to easy switching

SANTANDER, Halifax and Nationwide have emerged as the big winners of the battle for current account customers, nine months on from the launch of seven-day switching service.

Axis Bank, Union Bank authorized to enter UK market

The changes will ultimately offer consumers greater choice and encourage innovation

TD Bank Group completes acquisition of remaining interest in NatWest Stockbrokers Limited from National Westminster Bank plc

TD Bank Group today announced that it has completed the acquisition of the remaining interest in NatWest Stockbrokers Limited from National Westminster Bank plc.

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