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

Commerzbank sees real estate financing growth

"I see good chances of maintaining this kind of growth in the coming years, considerably increasing our market share," Mr. Mandel is quoted as saying.

Vulture funds smell blood from Spanish bank woes

Hedge funds and private equity houses are renewing ties with Spanish lenders and government officials, bankers said, as reforms push banks to offload troubled assets at steep discounts.

JPMorgan returns $600M it had in MF Global money

JPMorgan Chase has returned roughly $600 million that was ensnared at the bank when MF Global Holdings Ltd. collapsed in October, people familiar with the matter said late Friday.

RBS could sell off central London properties in bid to cut costs

The Royal Bank of Scotland’s investment banking arm is considering vacating some of its central London properties as a result of its plan to cut 3,500 jobs.

SSGA wins £1.5bn mandate from Family Investments

Family Investments is a mutual organisation with 35 years experience helping families with savings and investments. It now manages in excess of £3bn for over 1.75 million people throughout the UK.

European regulated hedge funds dominate RBC Dexia hedge fund book

The deal went through for a total consideration of 837.5 Euros in cash. Following the closing of the transaction RBC will own 100 per cent of RBC Dexia. The deal went through for a total consideration of 837.5 Euros in cash. Following the closing of the

Deutsche Boerse Signs Up Seven Banks for Rate Clearing‎

Eurex Clearing plans to achieve technical production readiness beginning of July 2012; the production roll-out planned for the second half of 2012 will then be closely coordinated with the readiness of clearing firms ahead of the new regulatory requireme

RBS completes $7.3 bln aviation sale to SMFG group

This is a significant sale for the RBS Non-Core division, which continues to make good progress in reducing the £258bn of assets it held at its inception in 2009.

Spanish boutique launches domestic talent fund

The Gesconsult Talento fund will follow a similar strategy employed by fellow Spanish boutique Abante Asesores who launched its Smart ISH ‘best of the best’ fund in June last year.

Euroclear’s EMX gains significant new business

Euroclear UK & Ireland’s EMX Message System has attracted over 25 new clients from both the fund product provider and fund distributor communities in the first quarter of 2012.

Canaccord Financial to list on London Stock Exchange ‎

The Company therefore now intends to apply for listing on the standard segment of the Official List of the UKLA Listing Authority and admission to trading on the Main Market (together "Admission").

Supreme Court allows govt to forfeit ill-gotten wealth

Ex-Goldman Sachs stars Morgan Sze and Pierre-Henri Flamand, as well as traders from Credit Suisse, Morgan Stanley and Deutsche Bank are among those now playing markets with other people's money.

Brewin Dolphin boosted by discretionary funds

Wealth manager Brewin Dolphin saw total funds under management tick back above 25 billion pounds driven by a lift in discretionary funds.

Metro Bank Lures Moore Capital

Moore, which is run by the US billionaire Louis Bacon, has acquired a slice of the bank as part of a £125m fundraising that I understand has been completed today.

Royal Bank of Scotland takes over Santander's 'crown' as the worst bank

Bad management, poor service and corporate mistakes were three of the most common complaints against RBS, which also owns NatWest.

Bra jobbat! Managers making waves in the Swedish market

They are lead managers on the T Rowe Japanese Equity and the Fidelity Inst Japan mandates, respectively.

State Street lists fixed income ETFs on London Stock Exchange

The new SPDR ETFs, which were also listed in Germany last week, are: SPDR Barclays Capital Sterling Corporate Bond ETF, SPDR Barclays Capital UK Gilt ETF, SPDR Barclays Capital 1-5 Year Gilt ETF and SPDR Barclays Capital 15+ Year Gilt ETF.

ABN AMRO to expand into brokering base metals

ABN AMRO is one of the top players in trade financing for commodities and energy, and competes globally with France's BNP Paribas (BNPP.PA), among other European players.

Rabobank eyes sale of fund management arm

The mooted disposal is the latest example of a European financial services group examining a sale of its asset management businesses. Lenders are looking for ways to improve their capital positions ahead of the introduction of stricter Basel III rules.

UBS Hires SocGen Forex Salesman For U.K. Systematic Hedge Funds

UBS is continuing its buildup of its foreign exchange hedge fund sales team, this time with the addition of a Société Générale salesman.

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