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

Societe Generale to cuts 900 jobs in France

The plans, which entail approximately 900 job cuts, have been submitted for consultation with staff representative bodies.

European Investment Bank and ABN AMRO to make €500 million available to Dutch businesses

The financing will be used for new investments that meet the EIB criteria.

Société Générale and IFC seal a new agreement to accelerate sustainable finance

This partnership will draw on the complementary strengths of the two institutions.

M&A, the investment bank Rothschild & Co. becomes a leader in Europe again

For Rothschild, which the previous year was fourth in the rankings, the regaining of double leadership in Europe demonstrates that the group’s bankers

Tributes pour in for Deutsche Bank MD who died

Gil-Alberdi spent 24 years at Deutsche Bank.

Zühlke partners HSBC UK on mobile wealth management service

With customers impacted by rising inflation, a big focus for HSBC in the last two years has been helping more customers get started with investing.

Panmure Gordon merges with Liberum to create 'UK's largest investment bank'

Panmure Liberum

Investec wants to be a stable hand for clients

Investec’s head of M&A and co-head of private equity Jonathan Arrowsmith tells Michael Klimes what sets it apart from rivals.

Banks shed 60,000 jobs in one of worst years for cuts since GFC

Elsewhere, the takeover of Credit Suisse by UBS has already resulted in at least 13,000 fewer roles at the combined bank, with further big redundancy rounds expected in the year ahead.

Major French bank set to sell business in Russia

Russian dictator Vladimir Putin on Sunday approved a decree allowing Rosbank to buy Russian shares from the French bank.

Deutsche Bank discovers thousands of unresolved customer complaints

Latest setback after botched IT project key reason for delay to CEO Sewing’s promise of fixing Postbank issues this year

Scotland’s million-pound addresses

The street, known for its stunning aesthetics and classic Georgian architecture, now sets buyers back over £1.68 million (£1,684,707).

Italy's Banco BPM vows to sustain record profits as rates peak

Bets on fee income to offset declining rates

VP Bank and VP Fund Solutions make Christmas donations to charitable foundations in Luxembourg

The foundation has been consistently committed to nature conservation and biodiversity in Luxembourg for over 40 years.

Europe needs bigger banks but mergers hard without banking union -Intesa CEO

Echoing comments by Andrea Orcel, the CEO of Italy’s second-biggest bank UniCredit, Messina said large banks were necessary to support the bloc’s economy.

CaixaBank reports a net profit of €3.66 billion in the 9 months to September, up 48.2%

In the context of interest rate normalisation, our results are solid, a consequence of good commercial dynamics and prudent credit risk management”.  

Kazakhstan and European Investment Bank set to expand cooperation

During the negotiations, the parties discussed a wide range of issues of mutual interest, in particular, the possibility of implementing investment and technological projects in Kazakhstan.

Deutsche Bank Completes Acquisition of Numis

Combined business will be known as ‘Deutsche Numis’ – a leading force in UK investment banking

Zaoui brothers’ profit more than doubles despite M&A slump

The firm paid out £7m for its staff, or an average salary and bonus of £412,000 last year

Head of Europe’s bank-failure agency ‘reasonably comfortable’ with Irish plans

Dominique Laboureix says Single Resolution Board moving to new phase of work on euro zone banks

Investment Banking