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Stock Market & Financial Investment News

News Breaks
February 26, 2013
05:52 EDTBCS, RBS, UBS, BAC, C, JPMLibor fight moves to lawsuits by those claiming to have been cheated, WSJ says
Those banks suspected by regulators worldwide of manipulating interest rates are trying to escape another mess, namely the more than 30 lawsuits filed by borrowers, lenders and other plaintiffs who claim they were cheated by the same financial institutions, reports the Wall Street Journal. Reference Link
News For BCS;RBS;UBS;BAC;C;JPM From The Last 14 Days
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August 21, 2014
09:07 EDTBACBofA to pay $16.65B in settlement with DOJ, state AGs
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09:03 EDTBACBank of America to pay $16.65B in settlement with DOJ, Bloomberg reports
08:41 EDTBACBank of America, DOJ settlement to be announced today, CNBC reports
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08:31 EDTJPMMorgan Stanley, JP Morgan selected by Shake Shack to lead IPO, Reuters says
JP Morgan (JPM) and Morgan Stanley (MS) have been picked by Shake Shack to lead the fast-food restaurant chain's IPO, sources tell Reuters. The offering could come as early as this year. Reference Link
06:43 EDTBAC, C, JPMRegulators up bank warning efforts for poor risk assessment, Reuters says
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06:31 EDTRBSRBS reaches copyright suit settlement after judge bars software, Reuters says
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August 20, 2014
18:29 EDTJPM, BACBofA, JPMorgan weigh plans to raise salaries for junior bankers, Bloomberg says
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17:14 EDTBCSBarclays settles Thornburg Mortgage lawsuit, WSJ says
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17:12 EDTBACOn The Fly: Closing Wrap
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14:35 EDTBACBofA reaches $17B settlement over mortgage backed securities sales, AP says
Bank of America along with federal and state authorities agreed upon a $17B settlement for the bank in connection with the sale of mortgage-backed securities in the run-up to the 2008 financial crisis, says AP. Reference Link
14:20 EDTBACBofA reaches $17B settlement over mortgage backed securities sales, AP says
08:38 EDTBACRevolution Lighting enters loan, security agreement with BofA
Revolution Lighting (RVLT) announced that it has entered into a three year loan and security agreement with Bank of America (BAC). The agreement allows Revolution Lighting to borrow up to $25M on a revolving basis. Borrowings under the agreement are determined on specified percentages of eligible receivables and inventory, and bear interest either on the base rate plus specified margins or at LIBOR plus specified margins, at the election of Revolution Lighting. The loan provides Revolution Lighting with favorable interest rates with an initial interest rate of 3%. The agreement contains customary covenants and restrictions typical of these agreements.
06:17 EDTCCitigroup looks to sell Japanese retail banking unit, Reuters says
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August 19, 2014
13:08 EDTCCitigroup tells appeals court Agentina banking license at risk, Reuters reports
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12:14 EDTCCitigroup considers selling Japan retail-banking unit, WSJ reports
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06:20 EDTBACBofA COO transfers, senior manager assumes role, Bloomberg says
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August 18, 2014
16:00 EDTCOptions Update; August 18, 2014
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09:35 EDTCActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL AMZN DG TSLA GILD FB ABX WFC C
09:20 EDTRBSDeutsche Bank appoints Shannon Americas Chief Information Officer
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06:47 EDTBAC, CU.S. banks consider Ireland fitting spot for EU divisions, FT says
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