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

SocGen third quarter profit beats forecasts on foreign retail banking, trading

The French bank benefited from a turnaround in Eastern Europe where its business swung into profit

Société Générale Beats Forecasts on Investment Banking Gains

ROE excluding non-economic items** of 9.7% in Q3 16 (7.0% in Q3 15)

Mergers Could Help European Investment Banks Compete With U.S.

The idea of merging investment banks may sound so last century and more than a little stupid.

Investment banking start-up launches blockchain trading platform for buy-side

The platform uses Microsoft Azure’s cloud technology, open-API and software as a service for simpler integration to legacy systems.

Pioneer Investments for sale — again

Crisis in Italian banking forces UniCredit to put asset manager back on the market

This Giant French Bank Is Better Off as a Car Rental Agency

BNP Paribas SA and Banco Santander SA have also increased their leasing businesses

Brexit prompts BTMU to realign European banking operations

The plan is set to be implemented in fiscal 2017.

NatWest strikes deals to pass on riskier customers

UK bank agrees to refer businesses that do not meet its criteria to other lenders

Tackling gender inequality 'could add £10tn to world economy'

The World Economic Forum found the gender gap had widened in the past four years and predicted it could take 170 years for women to reach parity.

$17bn investment bank pulled every penny out of Britain because of Brexit

'We started selling off our UK holdings to absolute zero maybe a month before the vote.'

Deutsche Bank opens third party developer portal

This collaborative approach will both help external parties and Deutsche Bank to reduce time-to-market for new products and services to the benefit of our clients.

Deutsche bankers’ ‘toxic’ bonuses plan

The group is mulling plans to offer shares in its non-core unit, which houses the toxic loans, instead of cash payments.

HSBC has 3,000 people working on innovation in the same London office as rock and roll mag NME

The office block is so attractive that it advertises itself for wedding hire.

Don’t get out that black suit just yet, European banking is not dead

Barclays meanwhile saw a 40 percent increase in revenues from bond trading.

StanChart In Talks For Chinese Aviation Financing Venture - FT

Boeing Co, the US aircraft making giant, has forecast China's aviation industry will spend USD1.00 trillion on planes in the next two decades.

ING says oil price drop offers chance to expand Middle East business

Company aims to tap business in areas like mergers and acquisitions, green finance and commodity, currency and interest rate hedging

Barclays mulls Europe move after Brexit

The bank’s pre-tax profits rose 35 per cent in the third quarter

Deutsche Bank surprises with a quarterly profit

Deutsche Bank delivered a surprise profit in the third quarter, but it is still being overshadowed by legal challenges in the US.

Good Result And Solid Capital Generation

The Board of Directors of BNP Paribas met on 27 October 2016. The meeting was chaired by Jean Lemierre and the Board examined the Group’s results for the third quarter 2016.

RBS admits Williams & Glyn deadline is now impossible

It must fully separate the business by the end of 2017.