New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For LYG;HBC;RBS;BCS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
August 31, 2015
06:35 EDTBCSCiti plans to rebuild equities franchise, Reuters reports
Citigroup (C) is planning to rebuild its equities franchise in an effort to capitalize on a retrenchment by rivals in the face of new rules created to make the financial system less risky, Reuters reports, citing people familiar with the bank's plans. It may be tough to overcome leaders such as Goldman Sachs (GS), Morgan Stanley (MS), and JPMorgan Chase (JPM), that have long dominated the sector, the report says. Citi is aiming to profit from a retreat of rivals slow to adapt new rules forcing banks to keep more capital, the report says. Deutsche Bank (DB), Credit Suisse (CS), and Barclays (BCS) are among others rebuilding their investment banking businesses, the report adds. Reference Link
06:10 EDTRBS, LYG, BCSBanks lobby EU over privacy rules overhaul, FT reports
Subscribe for More Information
August 27, 2015
18:02 EDTRBSU.S. may prohibit Deutsche Bank, others from managing pensions, Bloomberg says
In correspondence dated mid-July, the U.S. Labor Department tentatively rejected requests from Deutsche Bank (DB), UBS (UBS), RBS (RBS) to manage U.S. pension funds, reports Bloomberg, citing letters between the organizations. Bloomberg notes that the Department could use the "threat of denial" to mandate stricter conditions on pension management. Reference Link
07:57 EDTBCSPlatts to hold a conference
Subscribe for More Information
06:13 EDTBCSJudge throws out HFT suit against Barclays, exchanges, FT reports
A U.S. judge has dismissed investor lawsuits against Barclays and certain U.S. exchanges alleging that the bank rigged its "dark pool" trading venue in favor of high-frequency traders, the Financial Times reports. The judge ruled that the plaintiffs did not claim any actions meeting the definition of "manipulative acts," the report says. Reference Link
August 26, 2015
10:00 EDTRBSOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:19 EDTRBSRBS upgraded to Overweight from Equal Weight at Morgan Stanley
Subscribe for More Information
August 18, 2015
13:09 EDTRBSRBS to sell Luxembourg fund business to Blackfin Capital, Financial Times says
Subscribe for More Information
06:45 EDTRBS, BCSNine banks agree to $2B settlement for currency market rigging, FT 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