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

Crédit Agricole Strengthens Stake in Banco BPM Amid Italian Banking Reshuffle

Crédit Agricole, which is already Banco BPM’s largest shareholder, framed the stake increase as part of its long-term investment and partnership strategy.

Santander and Pemberton agree strategic partnership to launch Invensa, a global inventory management and solutions platform

Santander CIB and Pemberton launch Invensa to bring innovative inventory solutions to a $1trn and growing market

Deutsche Bank CEO says German economy needs 'urgent' action

The German economy has been dogged by intensifying competition from abroad, weak demand and an industrial slowdown.

Commerzbank CEO says Europe needs bigger banks, but conditions not right

Orlopp said Commerzbank would explore options with any shareholder, including UniCredit, but was yet to receive a proposal.

Investment bank Cavendish to open Manchester office after signing Gary Neville deal

The news comes after the investment bank reported a jump in dealmaking fees and said more IPOs could be on the way as it returned to profitability.

The curse of becoming the global head of fixed income trading at UBS

Newman is seemingly not doing so of his own volition, but UBS isn't commenting on his exit, and nor is Newman himself, making it possible that he simply has a better job at a hedge fund.

Intesa Sanpaolo is the eurozone’s leading bank for shareholder value creation

This reflects the combined growth in share value and dividend distributions since 1 January 2014.

HSBC asks managers to reapply for jobs in global cost-cutting drive

General manager titles will also be phased out as part of the shake-up, and staff will be given managing director titles instead.

Commerzbank and UniCredit hold second round of investor talks, source says

The person said the discussion focused on Commerzbank's earnings in the third quarter.

UniCredit Says Needs A Year To Decide Commerzbank Deal

Italy's second-biggest lender surprised markets in September by building up a stake of about 21 percent in its German rival

HSBC Channel Islands and Isle of Man receives ‘Top Employer’ certification

This year the programme has certified and recognised over 2,300 Top Employers in 121 countries/regions across five continents.

CaixaBank reports a net profit of €4.25 billion in the 9 months to September

Intense commercial efforts have been made in wealth management products so far this year.

Barclays shares soar to 9-year high as bank posts 23% profit rise

The bank reported a 23% increase in attributable profits

Disposal of non-performing Italian mortgage portfolio

The sale of the majority of loans within the Portfolio has now completed, with the sale of the remainder expected to complete later in Q4 2024.

Britain's Lloyds Bank Q3 profit holds flat, beating forecasts

Britain's biggest mortgage lender reported statutory pretax profit for the July-September period

Commerzbank deal: Unicredit also gets support from Germany

The fact that this transaction came about with the blessing of the former ECB chief undoubtedly caused some unease in the German cabinet.

Italy can't protect its banks if UniCredit buys Commerzbank, union leader says

The ECB has said large, European banks would be better able to compete with bigger rivals in the United States.

ABN AMRO announces interest rate averaging for mortgages

Whether a given client can benefit from interest rate averaging depends on several factors, including the type of mortgage, the interest rate and the remaining fixed-rate period.

European Investment Bank crafts new funding plan to keep startups in the EU

The focus will be on supporting late-stage growth and (upcoming) unicorns

Commerzbank would lose clients in UniCredit merger, German lender's CEO says

Italy's second-biggest lender after Sanpaolo Intesa has been pressing for a tie-up while Commerzbank has been honing its defence.

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