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

UBS Climbs to Top of Covered Bond Rankings for First Time

The Zurich-based bank leaped ahead of UniCredit SpA (UCG), Barclays Plc (BARC), BNP Paribas SA and Deutsche Bank AG (DBK), the top four arrangers last year, the data show.

CDH bank offers diaspora deals: Open account in UK during Malawi@50 events

All CDH Investment Bank accounts offers access to information on Malawi financial markets, CDH Capital and CDH Asset Management, Share market and more.

Bulgarians withdraw more savings as crisis eases

Dozens of Bulgarians queue outside bank branches to withdraw savings despite reassurances from the government that their money was safe

FinecoBank gains €2.2.m from IPO

The joint global coordinators for the global offering to institutional investors were UBS Investment Bank and UniCredit Corporate & Investment Banking which, together with Mediobanca

Barclays' slowly improving reputation may disappear in these murky waters

The allegations of wrongdoing in the bank's 'dark pool' trading system are bad news for Antony Jenkins, for they cannot all be laid at the feet of the old regime

BNP Paribas Securities Services wins ICG mandate for collateral administration

BNP Paribas Securities Services was selected for its ability to provide liquidity, which will support the deal structure and ensure smooth flows of interest from the asset pool to the end investor.

RBC Capital Markets wins LSE-Russell role

RBC Capital Markets has won a role as a corporate broker to the London Stock Exchange's $2.7 billion deal for Russell Investments, in what represents a return to favour for the Canadian bank.

Intesa Sanpaolo to open subsidiary bank in Brazil

The Saõ Paulo office will provide a platform of products and services

World Bank Plans to Office in Vladivostok

The World Bank's Russia chief, Michal Rutkowski, was quoted in the statement as saying, "the Far East has promising connections with the Asia-Pacific region, and this potential should be utilized."

Deutsche Bank completes $11.6 billion cap hike

Deutsche Bank successfully completed an 8.5 billion euro capital increase aimed at fortifying its regulatory ratios and paying for restructuring at Germany's biggest lender.

GCC-EU ties getting stronger

The adoption of the eu-gcc joint action programme in 2010 has been useful

Societe Generale SS launches European UCITS management company solution for asset managers

SGSS’ own in-house ManCo, which has built up a proven track record alongside risk management expertise for UCITS, is extending its licence to accompany asset managers in their growth strategy within the EEA.

ABN Amro to open up asset-based lending for UK businesses

The market for asset-based finance in the UK is booming as larger companies turn to it for funding amid a shortage of bank loans.

Update 1- Santander sells half of custody business

The euro zone's biggest bank Santander said it is selling a 50 percent stake in its $1.3 billion securities custody business to a group led by Warburg Pincus, marking the third major deal between the bank and U.S. private equity firm.

French state bank BPI ready to take stake in future Alstom -source

French state bank BPI is ready to take a stake in the future structure of Alstom regardless of whom the engineering group decides to tie its fate to

Citi to launch infra team in strategic overhaul

Citigoup is set to create a new infrastructure team in Europe

Intesa SanPaolo and the european Investment Bank Sign an Agreement for Eur 75 Million

The agreement was signed in Milan today by Luca Lazzaroli

Who else is paid as much as investment banking interns?

Even the highest paid sector (mining and quarrying) only pays a median average of just over £800

Societe Generale eyes Germany's DAB Bank

HVB, owned by Italy's UniCredit, said in May it was considering a sale of DAB Bank because it was regarded as non-strategic following a revamp of HVB's retail business.

New Chinese investment bank hiring 40 in London

If you want to work for a Chinese investment bank in London, you are in luck.