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

Lloyds and Barclays avoid EU bonus cap by paying shares

Two UK banks are handing out massive share awards to senior executives amid EU limits on bonuses.

Invesco Perpetual clears up offshore price charges

Invesco Perpetual has changed the structure of charges across its investment company with variable capital funds to make them easier for investors, without increasing charges, Ian Trevers has said.

RBS considering sell off of Ulster Bank division

ROYAL Bank of Scotland is considering merging its troubled Ulster Bank business with Irish rivals.

Virgin Money Backs Doubling Of Bank Bonusesa

Sir Richard Branson's banking arm will this week become the latest of Britain's high street lenders to say that it is supporting the payment of higher bonuses under new European rules.

Soros, foreign funds back Bankia stake sale

Soros Fund Management was among the six biggest investment fund buyers of Bankia shares in last week's offering

RBI CEO says suspends sale of Ukrainian unit -APA

"A possible sale of our Ukrainian unit is suspended at the moment because of the situation in Ukraine,"

RBS 'considers Ulster Bank merger'

It is thought that potential merger candidates could be Permanent TSB or the Irish subsidiaries of Danske Banke or KBC.

BG Foreign Minister wants Qatari bank in Bulgaria

A Qatari bank to appear in Bulgaria – this is the newest proposal of Bulgaria's Minister of Foreign Affairs Christian Vigenin to the Prime Minister of the Arabic country

Jyske Bank Agrees to Merge With BRFkredit

Danish Lender Says It Is Well Positioned for Further 'Attractive Opportunities'

RBS looks to copy Lloyds success as a UK retail and business bank

RBS IS preparing to sack up to 30,000 workers in the coming years as it cuts down its investment banking arm even more radically, and focuses on UK retail banking.

EU approves rescue plan for Cypriot cooperative banks

"This decentralised structure and closeness with borrowers led to careless lending, with no serious verification of the ability of the borrowers to repay their loans, and to a culture of non-repayment," the commission wrote.

UK Government behind RBS Future Plans: What’s ‘cooking’ for Gibraltar?

On Thursday Gibraltar awaits whether it will be included in the RBS Strategic Review

Mis-selling scandal hits National Australia Bank

The owner of the Yorkshire and Clydesdale banks is expected to bump up its provisions for mis-sold financial products after a surge in complaints at the end of last year.

HSBC says no plans to spin off UK retail bank

HSBC's boss said Europe's biggest bank had no plans to spin off and separately list its UK retail banking arm to meet new regulatory requirements.

BNB Permits Merger of Two Bulgarian Banks

The Bulgarian National Bank issued a permission for the merger of First Investment Bank and Unionbank.

Crédit Agricole Returns to Profit

The fourth quarter includes a 132 million euros of net loss on discontinued or held-for-sale operations related to the planned sale of the Bulgarian subsidiary and CACF's Nordic entities, according to the company.

Co-op Bank campaigner highlights concerns over Britannia 'rescue' evidence

Mark Taber highlighted the different versions of events in a letter to Martin Wheatley, chief executive of the Financial Conduct Authority

Return to profit by Lloyds may prompt second share sale

Lloyds Bank has said it returned to profit in 2013.

Greece's Alpha Bank in talks to buy Citi's local retail ops-paper

Citibank, which started shipping and corporate lending operations in Greece in 1964 and expanded into retail banking in the 1980s, runs a network of 21 branches across the country.

Investec looks to offload Kensington

Investec is looking at a potential sale of its UK intermediary mortgage arm Kensington Mortgages after receiving “certain expressions of interest” in the business.

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