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

BGZ Bank Jumps to Record as BNP Starts $1.4 Billion Bid

The bid by France’s biggest bank is subject to regulatory approval.

German lender Helaba confident on ECB bank health check

German public-sector lender Helaba said it was confident of its strong capital base ahead of health checks of the banking sector by the European Central Bank and European Banking Authority in the coming weeks.

UniCredit to Sell Riskiest Bank Debt as Borrowing Costs Fall

UniCredit is reopening the market as the European Central Bank completes a review of bank assets before results of stress tests are published in October

Secure Trust Bank eyes SME opportunities

As names go, Secure Trust Bank is a hard one to beat for a banking organisation.

Corpbank looks to Oman for restructuring

The Bulgarian National Bank is in a state of total passivity on the case of Corpbank

Russia approves pumping $6.6bn into state banks

The Russian government has approved injecting 239 billion rubles ($6.6 billion, 5 billion euros) into two of the country's largest, state-controlled banks that have been hit with Western sanctions.

BayernLB says is well prepared for ECB stress tests

The lender nevertheless said the sale of banking subsidiary MKB in Hungary would contribute to a consolidated loss for the full year

Sale of German mortgage bank Westimmo enters next phase

Blackstone, KKR and Apollo have also expressed their interest in the mortgage bank

Berlin will not consider Commerzbank stake sale until 2016 -magazine

Commerzbank was one of the highest-profile casualties of the global financial crisis, with the German government spending around 18 billion euros ($24 billion) to bail it out.

United Arab Emirates to open bank in Serbia

This is the first green field investment in Serbia’s banking sector since 2008

Challenger bank Aldermore gearing up for float

Fast-growing retail lender set to break the summertime lull for listings with stock market flotation in coming weeks

Cambridge University's bank lending local businesses soars into profit

The bank predicts that its profit performance will accelerate

RBS Hands Millions of Pounds in Shares to Top Executives as EU Bonus Cap Looms

Under new EU rules, due to come into force in 2015, banks will only be able to pay out annual bonuses worth the equivalent of a year's salary of the employee receiving one

Rate Hikes Spur Competition For Offshore Savings

For the rest, rates stay the same.

Secure Trust eyes four-fold bank expansion

Challenger bank Secure Trust is looking to more than quadruple in size over the next five years, chief executive Paul Latham says.

China Merchants Bank hedges bet over UK licence

Chinese bank also in talks with Luxembourg regulator in case of UK exit from European Union

KBC opens up its fourth banking hub in Ireland

The branch is open from Monday to Friday between 9am and 5.30pm with late opening on Thursday until 7pm and Saturday opening from 10am - 2pm.

Commerzbank profit doubles as it reduces bad assets

Commerzbank, Germany's second-biggest bank, said Thursday (Aug 7) that its net profit more than doubled in the second quarter thanks to favourable results in its retail banking operations and lower risk provisions.

Barclays moves 1.6 million Isa savers on to lower interest rates

More than a million savers who hold Isas with Barclays are set to see their returns drop as the bank announced it is moving them all on to a product with a lower interest rate.

CMA consults on improving UK retail banking

The Competition Markets Authority is consulting on improving competitions among UK retail banking sectors to meet the needs of small- and medium-sized enterprises.

Retail Banking