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Stock Market & Financial Investment News

News Breaks
January 28, 2014
10:24 EDTLYG, BCS, RBSBarclays may cut several hundred investment banking jobs, WSJ reports
Barclays (BCS) is said to be planning to cut several hundred jobs in its investment banking unit, a source tells the Wall Street Journal. Lloyds (LYG) recently said it would cut about 1,000 jobs and analysts believe Royal Bank of Scotland (RBS) will outline "serious" job cuts in February. Reference Link
News For BCS;LYG;RBS From The Last 14 Days
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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
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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
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07:19 EDTRBSRBS upgraded to Overweight from Equal Weight at Morgan Stanley
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August 18, 2015
13:09 EDTRBSRBS to sell Luxembourg fund business to Blackfin Capital, Financial Times says
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06:45 EDTBCS, RBSNine banks agree to $2B settlement for currency market rigging, FT says
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