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Stock Market & Financial Investment News

News Breaks
March 3, 2014
06:53 EDTHBC, RBS, LYG, BCSLayoffs among U.K. financial services companies slowed sharply, Reuters says
The number of new jobs added by London's financial services sector jumped 25% last month versus the same period a year earlier, financial services recruiter Astbury Marsden found, according to Reuters. The data indicates that the U.K. financial services sector could be recovering from the restructuring and layoffs triggered by the financial crisis, the news service stated. U.K.-based banks traded in the U.S. include Barclays (BCS), Royal Bank of Scotland (RBS), HSBC (HBC), and Lloyds Banking Group (LYG). Reference Link
News For BCS;RBS;HBC;LYG From The Last 14 Days
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November 26, 2014
17:42 EDTBCSBarclays upgraded to Buy from Neutral at Goldman
Goldman Sachs upgraded Barclays (BCS) to Buy saying the bank is positioned to benefit from less stringent leverage requirements. Goldman coupled the upgrade with a downgrade of HSBC (HSBC) to Neutral.
November 24, 2014
07:11 EDTRBSWatchdog orders RBS to call auditors after stress test error, FT reports
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November 21, 2014
11:17 EDTRBSRBS reports EBA stress test result correction
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November 20, 2014
06:03 EDTRBSRBS, NatWest, Ulster Bank fined GBP42M by FCA
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November 19, 2014
07:37 EDTLYG, BCSCitigroup to hold a conference
Global Financial Conference is being held in Singapore on November 19-20.
November 18, 2014
14:56 EDTRBSRBS management to meet with Jefferies
Meetings to be held in Chicago/Toronto on November 24-25 hosted by Jefferies.
06:34 EDTBCS, RBS, LYGDraghi sees positive signs in euro zone, NY Times reports
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November 17, 2014
07:12 EDTBCSBloomberg / Mayer Brown to co-host a conference
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November 14, 2014
06:36 EDTRBSRoyal Bank of Scotland to exit US mortgage business, Reuters reports
Royal Bank of Scotland's securities unit will exit its U.S. mortgage trading business, reports Reuters. In an emailed statement, a RBS spokesman said exiting the business "is a necessary part of repositioning our US business." RBS had originally planned to shrink it by two-thirds. Reference Link
November 13, 2014
08:45 EDTLYGLloyds Banking seen cutting 1,250 insurance jobs, Guardian reports
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November 12, 2014
16:23 EDTBCS, RBSOn The Fly: Closing Wrap
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12:38 EDTBCS, RBSOn The Fly: Midday Wrap
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08:57 EDTRBS, BCSBarclays excluded from forex settlement due to issues with NYDFS, Reuters says
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08:18 EDTLYGUBS to hold a conference
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06:12 EDTRBSCFTC fines five banks $1.4B for manipulation of FX benchmark rates
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06:05 EDTRBSFCA fines five banks $1.7B over FX trading operations
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