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

Sanford C Bernstein selects BNP Paribas as settlement provider

BNP Paribas Securities Services stood out for the level of connectivity they provide across multiple markets.

Danske Bank to cut 1,600 jobs to reduce costs

The bank, which has lived with eight years of negative rates in its home market of Denmark, is under growing political pressure to improve its business as the regulator and parliament lose patience with the string of scandals.

Barclays partners with Propel to provide 1m SMEs with speedy access to asset finance

The collaboration is the latest in a series of strategic Fintech partnerships announced by Barclays over the last few years, with MarketFinance and Nimbla offering invoice financing and insurance products to thousands of Barclays Business Banking clients.

JPMorgan opens UK apprenticeship scheme to aspiring investment bankers

On-the-job training programme includes funding to complete a degree in applied finance

The Banker's Investment Banking Awards, 2020

Banks that have shown tenacity and determination to keep going and drive through deals within the most challenging of circumstances have come out on top in The Banker’s Investment Banking Awards for 2020.

Credit Agricole to Build Its Own Saudi Bank After Stake Sale

he stock of Riyadh-based Saudi Fransi rose as much as 1.9% to 32.80 riyals, adding to gains of 0.6% on Sunday, when details of the transaction were first reported.

SocGen’s maths geeks built an empire: do the sums still add up?

The French bank became the world leader in equity derivatives but the products are no longer seen as safe

Breakingviews - How to build a European JPMorgan

That lack of scale worries the continent’s bank executives, but should also concern finance ministers like Germany’s Olaf Scholz and France’s Bruno Le Maire.

JPMorgan to Move $230 Billion Assets to Germany Under Brexit

Migration will make the U.S. firm a top 10 bank in the country

Brokers baffled by Barclays’ LTI move

Mr Gill commented it had “long been” part of the understanding between a client, broker and lender that once an application was submitted, the rate and terms were “secured”.

Spanish Premier Picks the Risky Option Backing Catalan Bank Deal

Deal would give government a board seat at the new institution

Despite COVID, junior bankers' compensation hiked to £86k+

Second year analysts had their total compensation held steady this year. However, first year analysts weren't alone in receiving a pay bump: third year analysts had pay increased too.

Deutsche Bank will Pay $583K to Settle Violation of Sanctions

The release explained that at the time Deutsche Bank processed the transaction for the oil company, it “had reason to know” of this designation, given that it “closely coincided” with the date in which it was listed.

JP Morgan sends half its bankers back to the office

They have set up airport check in-style barriers in the lobby outside lifts at its Bank Street building. Traders were the first to return in numbers as face-to-face contact “within shouting distance” during market opening hours is still consid

Deal of the year: Deutsche Bank

Asia Risk Awards 2020

HSBC’s looming pensions crisis: will the bank win the battle but lose the war?

This is the problem which HSBC faces.

Blackrock launches thematic equity fund

The BGF Multi-Theme Equity fund gives investors access to five megatrends identified by the BlackRock Investment Institute (BII).

Credit Suisse cuts back in London with Madrid move

Credit Suisse's headquarters in Madrid is growing in importance as Britain leaves the European Union, with some jobs in London being switched to Spain

Wholesale banking: ABN Amro cuts now, but ING is next

Exits at ABN Amro, including its big operation in commodity trade finance, raise questions about ING, as both firms enjoy much better returns in Dutch retail lending.

Morgan Stanley IM launches emerging markets fund in UK

Morgan Stanley said the fund is managed by the Global Opportunity team, part of Morgan Stanley IM's Counterpoint Global platform.