Stock Market & Financial Investment News

News Breaks January 6, 2013 16:55 EDT APO, RBS Apollo, JC Flowers agree on executive to run RBS branches, Telegraph says JC Flowers and Apollo (APO) are said to have agreed that David Morgan, the head of JC Flowers’ European and Asian operations, will run the 316 Royal Bank of Scotland (RBS) branches if their bid is successful, the Telegraph says. Reference Link News For APO;RBS From The Last 14 Days Check below for free stories on APO;RBS the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. 1 | 2 | all recent news | >> May 16, 2013 15:17 EDT RBS Royal Bank of Scotland management to meet with JPMorgan Subscribe for More Information 12:32 EDT RBS EU bank stress test delayed until 2014 by regulator The EBA agreed on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe. Since appropriately reviewed balance sheets are a key input to an effective stress test, the EBA has also adjusted the timeline of the next EU-wide stress test so to conduct the exercise in 2014 once the asset quality reviews are completed. However, to ensure transparency and comparability over the years, the EBA will provide, in 2H, appropriate disclosure on the actual exposures of the EU banking sector. Reference Link 07:53 EDT RBS U.K. PM Cameron indicates he wants RBS in good shape for a sale, FT reports Subscribe for More Information 07:35 EDT RBS Royal Bank of Scotland to cut 1,400 jobs in U.K., Reuters reports Subscribe for More Information May 15, 2013 07:11 EDT APO Some buyout firms move beyond buyouts, WSJ reports Subscribe for More Information 06:08 EDT APO On the Fly: Periodicals Wrap-Up Subscribe for More Information May 13, 2013 14:47 EDT RBS Royal Bank of Scotland management to meet with JPMorgan Subscribe for More Information 10:09 EDT APO On The Fly: Analyst Upgrade Summary Subscribe for More Information 06:49 EDT RBS ECB member says negative deposit rates would help economy, Reuters says Subscribe for More Information 06:45 EDT APO Apollo Global coverage assumed with a Buy at UBS Subscribe for More Information 05:38 EDT APO Apollo Global upgraded to Outperform from Market Perform at Keefe Bruyette Subscribe for More Information May 9, 2013 18:16 EDT APO Apollo Global 21.1M share Secondary priced at $25.00 Subscribe for More Information 12:23 EDT RBS RBS Citizens Financial CEO Alemany to retire in September Subscribe for More Information May 7, 2013 17:37 EDT APO Apollo Global announces offering of 21.1M Class A shares by holders Subscribe for More Information 17:21 EDT APO Apollo Global files to sell 15.8M Class A shares for holders Subscribe for More Information 17:18 EDT APO Apollo Global files automatic mixed securities shelf Subscribe for More Information 10:00 EDT APO On The Fly: Analyst Upgrade Summary Subscribe for More Information 06:06 EDT RBS RBS's Coutts & Co. reduces gold holdings, Bloomberg reports Coutts & Co., the private-banking division of Royal Bank of Scotland Group, reduced its gold holdings as prices fell through $1,600 an ounce, saying that a return to the peak isn’t likely unless there’s a crisis in the Middle East, a weaker dollar or a jump in inflation, reports Bloomberg. The bank holds about 1% to 2% in its portfolios, compared with 6% to 7% at the end of Q3. Reference Link 05:45 EDT APO Apollo Global upgraded to Outperform from Perform at Oppenheimer Oppenheimer upgraded Apollo Global with a $34 price target following the company's better than expected Q1 results. 05:34 EDT RBS Royal Bank of Scotland downgraded to Neutral from Overweight at JPMorgan Subscribe for More Information 1 | 2 | all recent news | >> Sign up for a free trial to see the rest of the stories you've been missing.