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

SocGen to cut 1600 jobs

Societe Generale today announces two adjustment projects.

Deutsche Bank makes strides in US leveraged lending

The leap comes as Deutsche Bank and Commerzbank have begun discussions over combining the two largest banks in Germany, as reported by Reuters.

ECB rates policy: Is the tail wagging the dog? by Azad Zangana,Schroders

The delay in tightening policy is leading investors to believe that the negative interest rate is the new normal as they draw comparisons with the Japanese experience.

Nomura axing jobs and bank branches to cut costs by $1 billion

The target of cutting $1 billion in costs will be achieved over the “medium term”

The new man Barclays traders are scared of

The incoming chairman has reportedly been canvassing investors about activist investor Edward Bramson's strategy for shrinking the corporate and investment bank.

LFIS expands multi-asset fund range

"Perspective brings together the best of LFIS' expertise in derivatives, credit and quant investing and the market reception so far has been excellent."

Santander seeks extra €1.2bn in cost cuts to hit ‘ambitious’ target

Drive to boost profitability made more challenging by ECB’s ultra-loose monetary policy

Mizuho International goes live with Asset Control market data management solution

The platform will be used to help fulfil Mizuho International’s IPV and broader market data management needs.

Deutsche Bank-Commerzbank merger: Long live the kingmaker

However the situation plays out, it might be the smaller firm that ends up in the stronger position.

Deutsche Bank’s Merger Knife Won’t Spare Asia

A high cost base and knock-on effects from shrinkage in the U.S. mean job cuts may be unavoidable.

Deutsche Bank Seeking a “Guarantee of Existence” with Monster-Merger?

Opposition Is Growing to Merger Between Deutsche Bank and Commerzbank.

Nomura Plans Dozens of Job Cuts in Europe and the U.S.

The bulk of the reductions are likely to come at Nomura’s troubled European business, which has lost billions of dollars in the past decade, the people said.

StanChart sees trade war fears receding, eyes digital push

“Those fears are receding a bit, partly because it looks like a deal is achievable and partly because China has taken relatively modest actions to re-stimulate its economy,” he said.

JP Morgan primes staff to leave UK in no-deal Brexit

So far, JP Morgan has shifted only a few dozen staff to continental Europe, preferring to wait until absolutely necessary before committing to Brexit moves.

ABN Amro steps up efforts to secure US banking licence

Dutch group aims to strengthen presence despite downsizing by European rivals

Deutsche Bank’s Investment-Banking Arm Looms Large Over Commerzbank Merger Talks

Cultural and business divides between the German lenders emerge as early focus

MoraBanc merges its Strategy and Investments teams

Both the deal and this latest merger are inline with Morabanc's strategic plan, announced last November, whose main objective is to place clients' service at the centre of the business, the bank said.

The most dangerous jobs in a Deutsche Bank-Commerzbank merger

Commerzbank staff, in particular, are aware of this history.

Standard Chartered faces investor unrest over chief executive’s pay

Bank accused of acting ‘fast and loose’ after changing Bill Winters’ pension calculation

Deutsche Bank chief and investment bank head double pay in 2018

Duo received more than €15m in combined remuneration

Investment Banking