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

First Islamic bank to open in Russia

Enabled by a new law, the bank in Kazan, Tatarstan will function according to Islamic principles

Partners of a certain vintage are leaving Goldman Sachs, and people aren’t happy

Goldman insiders suggest the firm is in the throes of a battle for control over the succession to Lloyd Blankfein, and that this is influencing the current round of departures.

Deutsche Bank CFO says banks have had tough start to year

That has left its marks on our business

RBS pays Treasury £1.2bn to regain right to pay divi

The bank took a £2.9bn hit last year from restructuring costs

Barclays Africa sale savaged by big investor

The latest strategy update sees the painful, stop-start transformation from highly profitable retail caterpillar to swashbuckling, capital-destroying investment banking...

Goldman's European business cuts pay after IPO activity slows

This uncertainty has pushed Goldman Sachs -- and other big banks -- to seek to cut costs to offset low interest rates and stricter regulations.

International institutions help Romania with EU funds absorption

The international institutions will also help Romania prepare and implement the projects financed with EU money

Barclays accused of ditching clients born in countries considered high-risk for money laundering

The blacklisting of the Syrian-born billionaire is not limited to just him personally.

Deutsche Loses Ground in Own Back Yard

Arch-rival Goldman Sachs is now the market leader.

Will Financial Alchemy Help RBS Sale?

A looming vote over whether the U.K. will leave the European Union, wild market swings and plunging European bank shares have made big RBS share sales hard to contemplate.

Barclays CEO not sleeping at night

Cutting 6,000 positions in 100 days.

Structural shake-up at Natixis

Additionally, the mergers and acquisitions department will now be managed by Marc Vincent

SocGen May Accelerate Cost-Cutting Plans, CEO Oudea Says

The unit, which includes Societe Generale’s corporate and investment bank as well as prime brokerage

RBS cuts 448 investment bank jobs to bring down costs

The roles include support and technology services for frontline staff.

Deutsche Bank Chiefs Cite Government on Mistrust Issue, FAZ Says

Fitschen said “national solo efforts” by the government that aren’t matched elsewhere don’t help.

Europe will rue the eclipse of its investment banks by US giants

Does Europe need European investment banks? Or would it be fine for Europe to depend on the Wall Street giants?

Banca Transilvania Group takes over Capital Partners

Capital Partners was set up 10 years ago and has worked on deals with a combined value of more than EUE 2 billion.

BNP Paribas to introduce standard investment banking titles

All the large investment banks have standard titles for key career levels, with staff joining as analysts and the most talented eventually progressing to managing director.

Deutsche Bank Cuts Bonus Pool 11% as Cryan Spreads Legal Costs

The shares rose 3.8 percent to 17.71 euros at 9:22 a.m. in Frankfurt after four days of declines.

European development bank sees partner, not rival, in China's AIIB

Central Asia has increasingly been on Beijing's radar following the launch of Chinese President Xi Jinping's "One Belt, One Road" initiative

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