Bloomberg As regular bankers at Nordea Bank Abp brace for yet another round of cuts, those lucky enough to be working in wealth management face a very different future. The head of Nordea’s wealth unit, Snorre Storset, says a plan to cut jobs across the organisation won’t affect portfolio managers in his unit. Storset, who oversees $350 billion in assets ...

Bloomberg Its economy is contracting and the nation’s largest lenders are a mess. And yet, banks from BNP Paribas SA to JPMorgan Chase & Co are scrambling to win business from Germany’s ultra-wealthy. Deutsche Bank AG, Goldman Sachs Group Inc and Rothschild & Co are also among those planning to beef up in Europe’s largest economy. Several tout the country’s ...

Bloomberg Brazil’s top banking executives were unanimous in cheering the approval of a long-delayed pension overhaul — and quick to line up what they think should be the government’s next priority. With the top item on their wish list now crossed off after years of debates, bankers from Itau Unibanco Holding to Banco BTG Pactual are now championing reforms to ...