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

Business confidence hits two-and-a half-year high

Business confidence increased in eleven of the UK’s nations and regions

Lloyds beats expectations and helps drive up the FTSE alongside WPP

The banking sector gave a welcome lift to equities in the UK and mainland Europe, driven by results from Lloyds and Deutsche Bank.

Success of Crédit Agricole Italia’s voluntary public tender offer for all shares of Credito Valtellinese

Crédit Agricole Italia controls 91.17% of the share capital of CreVal

Progeny continues expansion into Scotland

“It’s our continued commitment to this approach that has informed our decision to become part of Progeny."

Harassment Allegations and Fear Haunt European Investment Bank

The bank says it’s focused on well-being.

New UniCredit chief sees technology at core of every decision

“We need to increase our pace of digitalisation and adoption of new technologies. Technology will no longer be an afterthought"

Buoyant IPO markets propel investment bank Peel Hunt towards £350m float

The investment bank is working with Evercore on plans to return to the London stock market, Sky News learns.

Credit Agricole Raises Bid for Creval to Win Investor Approval

In November, the Paris-based bank offered to buy Creval to build on its already extensive business in Italy and strengthen its position in the wealthy north of the country.

UniCredit New CEO’s $9 Million Pay Doubles That of His Predecessor

As the region’s economy continues to suffer the effects of the coronavirus pandemic, regulators have pushed back against excessive banker rewards, and even rebuffed Deutsche Bank AG’s proposed bonus payout.

Santander's asset management arm to launch trade finance fund

Investment funds have also been increasingly providing capital to finance these transactions, as they hunt for yield in a record low interest rate environment.

Deutsche Bank bolsters European Spac expertise ahead of expected boom

The bank has been hiring for junior and mid-ranking talent to support Michele Cohen, its head of special purpose acquisition company origination in Emea

BOV’s financials dented by COVID

BOV’s CEO Rick Hunkin described the underlying performance as “strong despite an interest rate environment which is creating persistent headwinds”.

JP Morgan CEO Jamie Dimon: London must reinvent itself as EU rivals fight to take its crown

A deal between the UK and the European Union is still yet to be finalised.

World’s Best Investment Banks 2021: M&A

Last spring’s seize-up in the global M&A market eased as companies rethought their business plans and sought a leaner profile.

World’s Best Investment Banks 2021: Global Winners

Despite Covid-19, 2020 was a banner year for investment banking, with IPOs and bond issues standing out.

Deutsche Bank launches green deposits for its corporate clients

Corporates need to fulfil certain eligibility criteria such as minimum deposit amount and certain level of ESG ratings to use the bank’s green deposits programme.

Morgan Stanley technologist explains why he doesn't want to return to the office

"I for one do not look forward to a return to the office," he said two days ago, alongside a photograph of Canary Wharf Station at rush hour.

Numis expects 75% revenue boost post pandemic as investment bank fees surge

Numis said its performance was helped by a strong IPO market

Smaller banks have the happiest customers with complaints and queries a huge challenge for major banks in the pandemic

Others such as Allied Irish Bank and Bank of Ireland have improved.

Commerzbank Nominates New Board Chairman Amid Turmoil at Top

Gottschalk is former supervisory board chairman of DZ Bank

Investment Banking