New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For BCS;HBC;LYG;RBS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 21, 2014
08:28 EDTRBSEuropean Commission fines JMorgan EUR 61.68M over Libor influencing
Subscribe for More Information
08:18 EDTRBS, LYG, BCSBasel Committee accelerating work on leverage ratio, FT says
The Basel Committee on Banking Supervision will begin work on the calibration of the leverage ratio, a measure of bank capital seen as less vulnerable to manipulation, sooner than previously planned, which suggests the finished rule could be released as soon as 2015 or 2016, which is ahead of the previous target date of 2017, reported Financial Times, citing comments from the secretary-general of the committee, William Coen. Publicly traded large U.S. banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Publicly traded large EU banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
08:12 EDTRBSJPMorgan, UBS, Credit Suisse to be fined by EU over Libor rigging, Reuters says
JPMorgan (JPM), UBS (UBS) and Credit Suisse (CS) will be fined $115M collectively for their roles in rigging Swiss franc Libor rates, with JPMorgan's fine of $89M making up the lion's share of the penalty, said Reuters, citing a person familiar, who added that Royal Bank of Scotland (RBS) would not be penalized for its own role since it alerted the European Commission to the issue. Reference Link
October 20, 2014
07:21 EDTBCSFederal Reserve Bank of New York and Boston to hold a workshop
Subscribe for More Information
October 16, 2014
08:42 EDTBCS, RBSUBS, DOJ in talks for forex rigging settlement, FT reports
Subscribe for More Information
06:50 EDTBCS, RBS, LYGEuropean regulator rejects bonus loophole, NY Times says
Subscribe for More Information
October 15, 2014
07:27 EDTBCS, RBSJPMorgan, HSBC fire traders linked to forex probe, WSJ reports
Subscribe for More Information
October 14, 2014
06:45 EDTLYG, RBS, BCSData says UK banks paid less than 40% to cover mis-selling, Reuters says
Subscribe for More Information
October 10, 2014
09:13 EDTRBS, LYG, BCSEBA says EU stress test results to be published October 26
Subscribe for More Information
October 9, 2014
06:40 EDTHBCSource of JPMorgan cyberattack still unclear, NY Times says
The source of the cyberattack on JPMorgan (JPM) and other U.S. financial institutions this summer is still unclear, according to The New York Times. The hackers may have tried to hit about a dozen financial institutions , and E-Trade(ETFC) and Fidelity Investments may have been victimized in some way, the newspaper stated, citing an unnamed source who was briefed on the matter. At least five other banks, including Citigroup (C), HSBC (HBC) and Regions Financial (RF), discovered that one of the web addresses used by those who hacked JPMorgan tried to penetrate their systems, The Times quoted unnamed sources briefed on the matter as saying. Publicly traded companies in the space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link
October 8, 2014
13:34 EDTBCSBarclays to pay $20M to settle accusations over Libor manipulation, Reuters say
Barclays has agreed to pay $20M to resolve a U.S. class action lawsuit over Libor manipulation, reports Reuters, citing court papers filed Wednesday. The $19.98M settlement must be approved by a federal judge. Reference Link
07:20 EDTRBSCapital Link to hold a forum
Subscribe for More Information
06:59 EDTBCSBarclays urges NY court to throw out fraud suit, Reuters says
Subscribe for More Information
October 7, 2014
07:35 EDTBCSBarclays to hold a symposium
MedTalks Symposium: Healthcare From the Inside Out is being held in New York on October 7.
06:51 EDTBCSJustice Department set to attack more large banks by year end, NY Times says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use