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

BNP Paribas appointed global custodian for Oak Pensioenfonds

Dutch pension fund awards €5.4 billion mandate to BNP Paribas for custody and administration ahead of major pension reforms.

Barclays and HSBC clash over repealing Britain's bank ring-fencing rules

Bosses from HSBC, Lloyds, NatWest and Santander UK said they supported scrapping bank ring-fencing in a letter to the finance ministry last month.

Banking M&A is not only about buying a bank

Another way is where separate legal entities are maintained, often with private banking operations, which allows clients to diversify country risk.

Deutsche Bank must rely more on stable businesses for profits, investor Deka says

As part of an overhaul in 2019, Deutsche Bank set out to rely less on revenue from the investment bank, but the results of that aim have been mixed.

Bank of America picks up quant MD in London courtesy of Japanese bank

The firm has also invested substantially into its fixed-income electronification, something that Di Graziano will likely be intimately aware with.

Standard Chartered and Plan International UK renew partnership to tackle youth unemployment in Asia

Funded by Standard Chartered Foundation, the partnership aims to empower thousands of young women and people with disabilities to secure decent jobs and strengthen youth economic empowerment across Asia

European bank traders deliver best results in more than a decade

UBS, BNP Paribas, SocGen, Barclays and Deutsche Bank reported €13bn in combined first-quarter trading revenues

Saxo Bank Switzerland is moving forward

Saxo Bank claims to be the first neobank to offer this service to its clients.

Danske Bank posts profit beat and expects moderate tariff impact in Nordic market

The Nordic region has so far been resilient, with strong economic data across the region and Danske Bank said its first-quarter results reflected this.

SocGen's BNP hire hasn't helped trading revenues, but that's ok

Slawomir Krupa, SocGen’s CEO and former investment banking chief, probably sleeps just fine at night.

Barclays one of the winners of tariff volatility, but eye needs to be kept on loan losses

Barclays has been on somewhat of a good run of momentum and these results represent a further quarter of progress towards its 2026 targets set out two years ago.

The Netherlands - Revised growth forecasts in response to the US tariffs

They likely provide a short term boost to households’ purchasing power, but structural investments lack.

Oddo BHF’s Ambitious Plan in Switzerland

Since then, the Franco-German financial group has made notable strides—particularly in corporate finance—as its investment banking arm gains significant traction.

Barclays offers zero deposit mortgage for Right to Buy applicants

Barclays will use the RTB discount in place of a direct deposit, whilst borrowers will also receive the benefit of the reduced rates available for lower Loan-to-Value (LTV) mortgages.

BBVA pays €0.41 per share this Thursday and reaches its highest dividend in 17 years in 2024

Through dividends and the buyback, the bank will return a combined €5.03 billion to shareholders this year, half of its 2024 profit.

Danske Bank expands its investment universe for defence shares

The investment policies and exclusion lists govern which companies our asset management business at Danske Bank Asset Management and Danica can invest in.

ING met Italy's Popolare di Sondrio amid European expansion plan, source says

BPER and Sondrio both have as lead shareholder Unipol, Italy's second-largest insurer, which owns nearly 20% of each lender.

HSBC: Instead of the bonus, there is termination

As the paper explains, many bankers who were laid off received nothing at all

Deutsche Bank successfully completes issuance of Additional Tier 1 capital instruments

The denominations of the securities are € 200,000. Deutsche Bank AG acted as sole bookrunner for the offering.

Carlos Torres Vila: "Both BBVA and Banco Sabadell shareholders will become the owners of a bank better prepared for the future”

In his speech, the BBVA Chair reviewed the bank’s growth trajectory in 2024, and the strategic cycle that just ended, while anticipating the main points in the roadmap for the future.

Investment Banking