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

New UniCredit chief sees technology at core of every decision

“We need to increase our pace of digitalisation and adoption of new technologies. Technology will no longer be an afterthought"

Buoyant IPO markets propel investment bank Peel Hunt towards £350m float

The investment bank is working with Evercore on plans to return to the London stock market, Sky News learns.

Credit Agricole Raises Bid for Creval to Win Investor Approval

In November, the Paris-based bank offered to buy Creval to build on its already extensive business in Italy and strengthen its position in the wealthy north of the country.

UniCredit New CEO’s $9 Million Pay Doubles That of His Predecessor

As the region’s economy continues to suffer the effects of the coronavirus pandemic, regulators have pushed back against excessive banker rewards, and even rebuffed Deutsche Bank AG’s proposed bonus payout.

Santander's asset management arm to launch trade finance fund

Investment funds have also been increasingly providing capital to finance these transactions, as they hunt for yield in a record low interest rate environment.

Deutsche Bank bolsters European Spac expertise ahead of expected boom

The bank has been hiring for junior and mid-ranking talent to support Michele Cohen, its head of special purpose acquisition company origination in Emea

BOV’s financials dented by COVID

BOV’s CEO Rick Hunkin described the underlying performance as “strong despite an interest rate environment which is creating persistent headwinds”.

JP Morgan CEO Jamie Dimon: London must reinvent itself as EU rivals fight to take its crown

A deal between the UK and the European Union is still yet to be finalised.

World’s Best Investment Banks 2021: M&A

Last spring’s seize-up in the global M&A market eased as companies rethought their business plans and sought a leaner profile.

World’s Best Investment Banks 2021: Global Winners

Despite Covid-19, 2020 was a banner year for investment banking, with IPOs and bond issues standing out.

Deutsche Bank launches green deposits for its corporate clients

Corporates need to fulfil certain eligibility criteria such as minimum deposit amount and certain level of ESG ratings to use the bank’s green deposits programme.

Morgan Stanley technologist explains why he doesn't want to return to the office

"I for one do not look forward to a return to the office," he said two days ago, alongside a photograph of Canary Wharf Station at rush hour.

Numis expects 75% revenue boost post pandemic as investment bank fees surge

Numis said its performance was helped by a strong IPO market

Smaller banks have the happiest customers with complaints and queries a huge challenge for major banks in the pandemic

Others such as Allied Irish Bank and Bank of Ireland have improved.

Commerzbank Nominates New Board Chairman Amid Turmoil at Top

Gottschalk is former supervisory board chairman of DZ Bank

Deutsche Bank chief Sewing prepared to give up investment bank role

The investment bank is the German lender’s main profit driver, but also represents risk for a bank that is deemed systematically important for the functioning on the global financial system.

Deutsche Bank first-quarter investment bank revenue up 20% so far

Campelli, speaking at a banking conference broadcast online, said that the rise in revenue in the investment bank was across business lines.

BNP Paribas to fully acquire Exane as it looks to take spot in European equities

Move to acquire the remaining 50% stake in Exane follows BNP Paribas’ major deal with Deutsche Bank to take on its electronic equities and prime brokerage clients.

HSBC Bosses Try to Quell Banker Anger Over Cuts to Bonuses

The executives told employees that the pandemic had eroded the bank’s overall performance and, combined with the stark economic backdrop, meant it couldn’t pay more, said the people, declining to be named detailing a private call.

Uncertainty as Citi, Barclays snipe unwanted employees

Barclays isn't the only bank judiciously trimming staff this week

Investment Banking