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

London Banking Salaries Booming

The average salaries of London investment bankers is booming

Female Banker Jumps to her Death from Office Window after Clash with Bosses

The bank circulated an email confirming the suicide, adding it was a "very painful moment for the company."

Fixed income slump hits Barclays profit in first quarter

But cost-cutting programme is starting to show ‘material benefit’ and will help offset drop

Barclays faces rough ride at AGM over tax havens and bankers' bonuses

Shareholders expected to question decision to raise payouts by 10% while activists highlight bank's promotion of tax havens

Russia’s largest investment bank considering cutting most of New York staff

The bank is reviewing whether to wind down its trading operations in New York, where it has about 40 employees

Barclays sees key shareholder vote against pay policy

Standard Life Investments, a key institutional shareholder, has voted against Barclays' plan to award higher bonuses despite a 30% fall in profits.

Russia's third largest bank moves €5bln to Central Bank amidst fears of Ukraine sanctions

Russia's third biggest bank moved almost $7 billion to the central bank as tension over Ukraine rose in March and joined others in slashing its deposits in foreign banks where they could be frozen if more international sanctions are imposed.

Barclays May Cut 7,500 Investment Banking Jobs, Bernstein Says

Barclays Plc , U.K.’s second-largest bank by assets, may have to eliminate 7,500 jobs at its investment bank to improve returns at its securities unit, according to a report by Sanford C. Bernstein.

Moscow Bankers See Fees Slide 67% as Ukraine Crisis Grows

Russia Will Pay a Price for Ukraine Crisis: Berger

Spanish banks face tough rivalry in small firms bet

The big challenge will be that banks will be competing for the best SMEs

Oppenheimer opens office in Geneva

Oppenheimer Europe has opened a new office in Geneva as part of the firm’s continued international expansion.

Bank CEO memo said to hint at largescale job cuts

How best to simplify the bank's sprawling operations and which of its businesses it 'should focus on and invest in'.

New tax man wants to turn Ukraine into investment bank

Chief tax collector Ihor Bilous likens Ukraine to a huge investment bank whose main task is to turn a profit.

Europe's mergers and acquisitions market heats up

British companies have also been on the move

Deutsche Bank Tops Korean Merger Advisory on Anheuser-Busch Deal

South Korean mergers surged this year amid improved prospects for economic growth

Deutsche Bank Denies Report on Search for Successors to co-CEOs

Deutsche Bank AG denied a report by Manager Magazin that Paul Achleitner, the company’s supervisory board chairman, is looking for potential successors to co-Chief Executive Officers Anshu Jain and Juergen Fitschen.

Barclays CFO Tushar Morzaria Faces Question of What to Do With Investment Bank

In recent private meetings with analysts and investors, Barclays PLC's new finance chief, Tushar Morzaria, surprised attendees with a frank admission: The British bank hasn't had a credible plan for what to do with its sprawling investment bank,

BNP Paribas IP restructures emerging markets business model

The restructuring was the centre of discussion during a workshop of about 80 heads of emerging markets businesses for BNPP IP from all over the world held in Singapore this week.

Diamond Banks Reduce Industry Lending

Rough diamond prices gained 10 percent last year

Deutsche Bank seeks shareholder approval for bonus increase

Deutsche Bank will ask shareholders to approve raising limits on executive bonuses for 2014 as required by new European rules