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

Matrix Asset Management Inc. Reports First Quarter Results and Declares Dividend

2012 and announced the next regular quarterly dividend of $0.015 per share would be payable on June 12, 2012 to shareholders of record on May 29, 2012.

RBC Dexia Investor Services deal gets green light in Europe

“The transaction … has significant strategic value to us, not only as a standalone business but also in its complementary capabilities to RBC.”

Intesa Q1 profit jumps, bad loan provisions up

The bank was forced to book provisions for risky loans of 970 million euros over the quarter, a 43 percent rise compared to a year earlier, as credit quality deteriorated in Italy due to a deep economic recession.

Metro Bank Eyes UK Retail Banking Expansion

The Metro bank is still a very small player in the U.K., dwarfed by the "big four"--Lloyds Banking Group PLC (LYG), Royal Bank of Scotland Group PLC (RBS), Barclays PLC (BCS) and HSBC Holdings PLC (HBC).

Why Standard Life's AA-rated Moore bought Barclays

But as well as buying into telecoms provider BT, Moore (pictured), said he bought into Barclays because 2011'a difficulties made it underpriced even though this year it is in a stronger position.

Sberbank Said to Return With Higher Denizbank Bid

Alexander Baziyan, a spokesman for Moscow-based Sberbank, declined to comment on the process or Denizbank’s valuation. A spokesman for Dexia declined to comment.

Ashcourt Rowan picks Cofunds to power platform

It will include an entry-level execution only proposition, a service for investors who do not need on-going financial advice but want guidance and a proposition for clients receiving full advice.

RBS - Green grows the market

How does a global bank like RBS coordinate its efforts to control its energy, water and waste?

Lloyd's of London eyes emerging markets

Its website shows Lloyd's has 34 offices around the world, though more than half are in Europe.

Film investment could lose tax breaks

Thousands of investors who have pumped billions of pounds into film finance schemes face an anxious wait to find out whether a recent court decision signals the end of lucrative tax breaks.

Sagicor shows improved numbers in Q1 ‎

SAL achieved net income of US $1.5 million during this quarter compared to a loss of US $32.9 million in the first quarter of 2011.

NYSE Euronext Rolls Out New Brand Identity

The new look was unveiled today across its exchanges and other locations around the world as well as online.

Warba Bank's $33 million UK property deal‎

The building enjoys excellent characteristics and is distinguished by its unique and award-winning design. It provides long-term income and a security of a world class covenant for Warba Bank.

Schroders’ Turner cautiously bullish after difficult 2011

Jane Turner, manager of Schroders’ multi-manager funds, is cautious about the near-term outlook for markets following a difficult 2011 and a rally in which she was held back by exposure to US high-yield debt and defensive shares.

AXA first-quarter sales flat, asset management weighs

Rock-bottom interest rates and uncertainty over the euro zone debt crisis have hurt flows into some life-insurance products and dragged AXA's shares down by 25 percent since March highs.

Deutsche Bank Ends Some Asset-Sale Talks With Guggenheim

Deutsche Bank will continue to evaluate the other three businesses, according to the statement.

Deutsche Bank Fends Off Surging Citigroup as Top Currency Trader

Citigroup leapfrogged Barclays Plc and UBS AG to become the second-biggest currency trader, Euromoney said in an e-mailed statement. Barclays slipped to third place and UBS to fourth, while HSBC Holdings Plc climbed into the top five.

Vulture funds eye longer timescale

But some bankers argue that the European Central Bank’s €1tn of emergency bank loans – dubbed long-term refinancing operations and initiated by its president Mario Draghi – have at least partially weakened their investment thesis.

Jupiter chases high income with Bezalel bond launch

The offshore fund, which is a sub-fund of the firm’s global sicav, has a ‘go anywhere’ strategy, allowing Bezalel to invest across the debt spectrum in any country and without being restricted by ratings.

Where Does the Real Value Lie for Fixed Income?

Whether the recent shift in Treasury yields reflects a short-term event or the beginning of a real reversal, Mr. Popp suggests that the time may be right for investors to evaluate how an eventual rise in interest rates may impact their portfolios.

Alternative Investments