|
News For BCS;UBS;RBS;DB;HBC;C;JPM From The Last 14 Days Check below for free stories on BCS;UBS;RBS;DB;HBC;C;JPM the last two weeks. |
|
|
| May 13, 2013 |
| 15:04 EDT |  | C, JPM | Fed says large banks must submit midyear stress tests on July 5
Eighteen large U.S. bank holding companies are required to submit the results of their company-run, midyear stress tests to the Federal Reserve on July 5, the Federal Reserve said. The Dodd-Frank Wall Street Reform and Consumer Protection Act required that large bank holding companies and non-bank financial institutions that are designated for Federal Reserve supervision by the Financial Stability Oversight Council conduct two stress tests each year. In the midyear test, which is being conducted for the first time in 2013, each firm develops its own baseline, adverse, and severely adverse scenarios to best reflect its individual operations and risks. Each firm in the midyear test is required to release the results produced under its severely adverse scenario, helping promote market discipline and understanding of the financial conditions and risks of individual firms, between September 15 and September 30, the Fed added. |
|
| 14:47 EDT |  | RBS | Royal Bank of Scotland management to meet with JPMorgan
 Subscribe for More Information |
|
| 09:39 EDT |  | C | Active equity option families trading
Active equity option families trading on open according to Track Data: AAPL C TSLA LVS GILD FSLR |
|
| 07:41 EDT |  | JPM | Dimon role may be decided by board director Raymond's view, NY Times reports
Subscribe for More Information |
|
| 07:29 EDT | | UBS | Skillsoft to host a conference
2013 Global Skillsoft Perspectives Learning Industry Conference is being held in Orlando, Florida on May 13-16. |
|
| 07:07 EDT |  | JPM | JPMorgan shares offer good value, says Bernstein
Subscribe for More Information |
|
| 06:49 EDT | | BCS, UBS, RBS, DB | ECB member says negative deposit rates would help economy, Reuters says
Subscribe for More Information |
|
| 06:22 EDT | | JPM | JPMorgan's Dimon has considered leaving the bank, WSJ reports
Subscribe for More Information |
|
| 06:05 EDT | | HBC | HSBC CEO Gulliver simplifies the bank, focused on growth, Reuters reports
HSBC's sale of a stake in a Korean insurer last month was made with little fanfare, just one of 52 deals struck or businesses closed in the last two years by CEO Stuart Gulliver, and analysts are expecting more, reports Reuters. This week, he's expected to say he can find at least $1B more in cost savings, cut more jobs and businesses and dangle the prospect of higher dividends for investors. Reference Link |
|
| May 10, 2013 |
| 16:01 EDT | | C | Options Update; May 10, 2013
CBOE Volatility Index VIX down 56c to 12.57. Option volume leaders: BIDU AAPL TSLA GOOG C MBI MGM according to Track Data. |
| |
| 14:21 EDT | | JPM | JPMorgan directors recommend against splitting Chairman, CEO roles
Two of JPMorgan's directors, Lee Raymond and William Weldon, sent a letter to shareholders of the bank urging for re-election of all its existing directors and supporting Jamie Dimon continuing as both Chairman and CEO. The directors, who identified themselves as the Presiding Director and the Chairman of the Corporate Governance & Nominating Committee, stated: "We believe that a vote against our current Directors or a vote to permanently separate the Chairman and CEO positions could be disruptive to the Company and is not in shareholders’ best interests," according to a copy of the letter posted online by Financial Times. Reference Link |
|
| 13:17 EDT | | UBS | UBS names Palmer head of equity markets for Americas, Reuters reports
UBS has installed James Palmer as head of equity capital markets for the Americas, according to Reuters, which cited an internal memo it obtained. Palmer was previously a managing director in the group, the news service stated. Reference Link |
|
| May 9, 2013 |
| 17:12 EDT | | JPM | JPMorgan sued by California for "fraudulent, unlawful debt-collection practices"
Attorney General Kamala D. Harris filed an enforcement action against JPMorgan Chase alleging that the bank engaged in fraudulent and unlawful debt-collection practices against tens of thousands of Californians. The suit alleges that Chase engaged in widespread, illegal robo-signing, among other unlawful practices, to commit debt-collection abuses against approximately 100,000 California credit card borrowers over at least a three-year period. Chase used California’s judicial system as a mill to obtain default judgments, the suit alleges, using illegal tactics to flood the state’s court system in order to secure default judgments and garnish wages from Californians. Reference Link |
|
| 12:23 EDT | | RBS | RBS Citizens Financial CEO Alemany to retire in September
Subscribe for More Information |
|
| 08:09 EDT | | JPM | JPMorgan, Bank of America had perfect trading records in Q1, Bloomberg reports
JPMorgan Chase (JPM) and Bank of America (BAC) had perfect trading records in the first quarter, making money every day of the period as Morgan Stanley (MS) posted losses in eight sessions and Goldman Sachs (GS) in two, reports Bloomberg. One daily gain at JPMorgan was over $200M as the bank recovered from last year’s London Whale derivatives loss, the company said in a regulatory filing. Reference Link |
|
| 07:35 EDT | | JPM | Platts to host a conference
Subscribe for More Information |
|
| 07:12 EDT | | DB, C | Citigroup closing in on Deutsche Bank in Asian currency trade, Bloomberg reports
Subscribe for More Information |
|
| 06:40 EDT | | JPM | Calpers to support separation of chairman, CEO roles at JPMorgan, NY Times says
Subscribe for More Information |
|
| 06:10 EDT | | DB, C | On the Fly: Periodicals Wrap-Up
Subscribe for More Information |
|
| 05:43 EDT | | C, JPM | Big banks take the offense against Washington, WSJ reports
The biggest U.S. banks are going on the offensive to fight off growing efforts in Washington to rein them in, reports the Wall Street Journal. They've hired longtime, influential Washington insiders to deflect regulatory and political pressure to strengthen their finances and to sell assets. Reference Link |
| |
|
|
|
|
