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Stock Market & Financial Investment News

News Breaks
December 26, 2013
08:08 EDTBCS, RBSU.K. banks address ‘too big to fail’ question with debt shift, FT reports
Major British banks began reshaping their funding strategies amid regulatory pressure for a solution to the problem of lenders being “too big to fail,” reports the Financial Times. Barclays (BCS) and Royal Bank of Scotland (RBS) have in recent weeks issued debt at the level of their group holding companies as central banks push for structures that are easier to handle in the case of a major failure. Reference Link
News For BCS;RBS From The Last 14 Days
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April 15, 2014
07:25 EDTRBSFederal Reserve Bank of Atlanta to hold a conference
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07:11 EDTBCSBarclays still deciding what to do with investment bank, WSJ reports
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06:58 EDTBCSBarclays appoints Gillies as non-executive director
Barclays announced that Crawford Gillies has been appointed as a non-executive director of Barclays and will become a member of the board remuneration committee with effect from May 1. The company said, "It is intended that Crawford Gillies will succeed Sir John Sunderland as chairman of the board remuneration committee at a date to be agreed, consistent with ensuring a smooth transition."
April 9, 2014
13:19 EDTRBSEU regulators say RBS can cancel U.K.'s dividend share, Reuters says
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07:23 EDTBCSBarclays relocates more suburban Singapore staff to city, Bloomberg says
Barclays is relocating more employees to an office in Singapore’s central business district from the suburbs to reduce expenses, according to Bloomberg, citing people familiar with the matter. Reference Link
April 7, 2014
13:43 EDTBCSBarclays reaches settlement with U.K. care home operator, Reuters says
Barclays reached a settlement with U.K. care home operator, Guardian Care Homes, that accused it of mis-selling products connected to benchmark interest rates just weeks prior to the beginning of a possibly embarrassing court case for the company, according to Reuters, citing a Barclays spokesman. Reference Link
April 4, 2014
06:26 EDTRBSRoyal Bank of Scotland names Ewen Stevenson as CFO
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