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

Dismal start to the year for City banks

Global investment banking fees fell by nearly 30 per cent compared with the first quarter of last year

UBI Banca CEO says no M&A plans on table at moment

Peers Banco Popolare and Banca Popolare di Milano recently agreed a merger deal

Lloyds Bank pledges to help 25,000 firms export by 2020

ECHO RBA2016 sponsor working with UKTI to improve overseas trade levels

Europe’s banks begin tentative return to Iran

This is causing growing frustration among officials in Iran and Europe about the slow pace with which Tehran is being reconnected to the global financial system.

Societe Generale To Cut 128 Jobs In Its GBIS Division: Union

French bank Societe Generale is planning to cut 128 jobs at its Global Banking & Investor Solutions division

Barclays Can Still Compete in Gulf After Job Cuts, CEO Says

Staley is joining other banking chiefs in trying to prove that a global lender doesn’t need expansive operations in every country where it wants to earn fees.

Investment Bank welcomed

The developments and challenges of the local pork industry have been highlighted during a visit to the province of a delegation from the European Investment Bank.

Investment banks face sharp trading falls in tough climate

Analysts expect dreadful first quarter because of continuing market turmoil

Deutsche Bank Needs More Than Qatar's Help

Others argue that the former Goldman Sachs banker and former chief financial officer of insurance giant Allianz supported former co-CEOs Anshu Jain and Jürgen Fitschen and their vision

European Banks Pay Bigger Slice of Bonuses Upfront as Pools Drop

Global investment banks are seeking to appease both regulators, who want more deferred pay to tie employees’ rewards to long-term results

Hargreaves Lansdown CIO admits hard hunt for income

Hargreaves Lansdown has launched the a new high income fund promising a near 5 per cent yield in a market where its chief investment officer admits traditional income sources have “evaporated”.

Qatari investor says supportive of Deutsche Bank chairman

The bank shocked markets with a 2015 record loss, after Achleitner brought in John Cryan to replace Chief Executive Anshu Jain from July.

Deutsche Bank streamlines IT systems in effort to cut costs

Faced with an inefficient morass of more than 4,400 often incompatible applications at Germany’s biggest bank, Ms Hammonds has overseen the removal of almost 500.

EIB, IFC and Ecobank sign landmark agreement

The facility is designed to overcome the challenges of lending to smaller businesses which have a higher risk profile.

Credit Suisse Ramps Up Restructuring as Trading Revenue Slumps

Swiss bank is trimming investment banking further and increasing cost cuts

Macquarie sinks teeth into UK's Green Investment Bank

Macquarie Group is believed to be preparing a bid for Britain's £4 billion renewable energy investment arm, the Green Investment Bank.

ABN Amro customers can now change debit card settings via m-banking app

As of today, ABN AMRO clients can change settings on their debit cards via the Mobile Banking app.

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

Investment Banking