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

HSBC rules out major changes to investment bank

HSBC's Chief Executive Stuart Gulliver told shareholders at the bank's annual meeting that it had no plans to follow rivals by significantly re-shaping its investment banking business.

Little Rock to bring investment banking to London

Stephens, a privately-held US financial services firm, is working to establish a London-based investment banking operation focusing on the mid-market, joining a number of companies with transatlantic expansion plans.

ING Investment Management to close shop in Hungary

There have been no media reports whatsoever that ING Investment Fund Management was on the verge of any major action

Investec net profit rises 7%

Pretax operating profit, before goodwill, acquired intangibles, non-operating items

Over €500m of additional SME credit to be provided by new SCBI

This will promote greater competition in the SME lending sector

€500m in credit to be made available for Irish SMEs through new bank

The Irish Government unveiled the new company this morning during a quarterly progress report on the Action Plan

HSBC, UBS To Tramp Up Fintech Investment

HSBC is not alone in its push to invest more heavily in financial services technology.

How Qatar became Europe’s top power-broker

Qatar will become Deutsche Bank's largest shareholder

Russia’s VTB and Bank of China agree on domestic currency settlements

VTB Group is Russia’s second biggest financial institution

Finance: Deutsche Bank’s gamble

The German group is doubling down but some investors worry about its ability to ride out the fixed-income drought

Deutsche Bank plots €8bn rights issue

Fundraising comes as major banks attempt to improve the strength of their capital reserves amid regulation

Rothschild plots new investment division

Anglo-French bank responds to growing need for bespoke products

American Banks Are Secretly Preparing for a Russian Takeover of Eastern Ukraine

This is why investors may find it notable that America's three biggest banks are aggressively scaling back

Revenue at world's 10 top investment banks fell 9 per cent

Regulations brought in after the financial crisis that require banks to build up capital buffers

RBI wins EMEA Finance awards again

The award was officially presented at the "European Banking Awards 2013 Ceremony" in Warsaw last week.

RBS to wind down interest-rate trading business

Investment banks across the world have been struggling with tougher regulations and low interest rates.

Deutsche Bank enlists Qatar in $11 bln capital hike

The cash injection gives Deutsche the firepower to expand investment banking, especially in the United States, after a retreat by competitors Barclays, UBS and others left a gap that Deutsche aims to fill.

Lanning buys into commercial property

JPMorgan Fusion manager takes position in £2.6bn M&G Property Portfolio fund

Deutsche Bank issues video warning to employees to behave

Deutsche Bank, Germany's biggest lender, has circulated a video to employees, warning them not to do anything to tarnish the group's reputation

Russians take over Zimbabwean Bank

A Russian investment group Horizon Capital Consortium led by businessman Sergey Pokusaev has acquired a controlling stake in the diversified financial company.

Investment Banking