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

Morgan Stanley says EU banks are losing ground as Mifid II bites

UBS the 'exception' as big Wall Street banks pull ahead in the market for European equities trading, analysts say

Handelsbanken sells its shares in UC

Like the other owners, Handelsbanken will continue to have a special influence on the board of UC, in terms of processing of customer databases and customer data.

Santander's profits up 10 percent as Brazil offsets UK weakness

In Brazil, where the bank makes more than a quarter of its profits, net profit rose 7 percent from a year ago, boosted by solid loan growth.

DWS CEO on turbulence at the top of Deutsche Bank

Nicolas Moreau discusses the first few weeks since spinning off the asset management arm

ABN Amro to hand over €8bn direct investment management business to Candriam

The transaction, which is subject to regulatory approval, excludes multi manager products and solutions.

European Investment Bank pulls back on UK funding after Brexit

France, Germany main recipients of venture capital as tech start-ups hit by move to quit EU

HSBC Malta launches pension plan for its employees

The plan involves contributions from employees that are matched by the bank while ensuring that overall levels of contributions agreed between HSBC and MUBE are achieved

Lloyds Bank axes 49 branches and 305 staff just weeks after it recorded profits of over £5 BILLION

Lloyds Banking Group said it is cutting a further 305 jobs and axing 49 branches

ECB asks Deutsche Bank to gauge investment banking exit costs

Deutsche Bank said it “routinely” calculates the consequences of an orderly winding-down of positions in trading books for regulators.

Goldman Sachs might not have built European HQ in London if it had known about Brexit, says Lloyd Blankfein

Investment bank boss says he "thought there would have been a worse outcome by now"

Deutsche Bank Taps the Brakes on Its Global Ambitions

Under new leadership, Germany’s financial giant may focus on its home market.

Banco Santander partners with Bank of Shanghai on the Belt and Road initiative

Santander’s core markets fit in well as eight of the Group’s nine main countries are along the Belt and Road.

Putting the Deutsche back into Deutsche Bank

The main story for Deutsche Bank for some years to come is going to be how far and how fast they can cut costs. For the investment bank, drastic cost cuts are unavoidable.

Deutsche’s investment bank chief rules out radical changes

Garth Ritchie’s comments come as some investors and analysts urge deeper cuts

Industry heavyweights from Barclays, RBS and Coutts back new personal investment robo-adviser Pia

The app uses artificial intelligence to create a virtual assistant, which can help consumers understand and choose investment products and services ranging from share trading platforms to online wealth managers to crowdfunders.

Meddle With European Banks’ Senior Bonds at Your Peril: Gadfly

Senior non-preferreds, also called Tier 3 debt, sit above subordinated tier 1 and tier 2 in a bank’s capital hierarchy.

Barclays plans to split euro trading hub over Brexit

Shift highlights level of uncertainty in London’s position as dominant centre

Deutsche Bank to review investment bank business

The priority is to leverage our strengths and to allocate our investments accordingly. And at the same time we will look to free up capacity for growth by pulling back from those areas where we are not sufficiently profitable,

Higher costs and low exports put brakes on economy

Export growth was down in Scotland while tourism suffered higher costs, according to RBS’s survey

Brassac restores Crédit Agricole's Spirit of Conquest

The market has widely welcomed the recent completion of the most important foreign acquisition by a European bank since the 2008 crisis

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