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Stock Market & Financial Investment News

News Breaks
February 21, 2013
08:24 EDTBCS, RBS, UBSFSA defends its response to Libor scandal, FT reports
The Financial Services Authority has challenged claims that it was slow to launch an investigation into Libor manipulation, pointing to its close work with the Commodity Futures Trading Commission since 2008, reported Financial Times, citing a response just made public by the Treasury select committee. Reference Link
News For BCS;UBS;RBS From The Last 14 Days
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May 22, 2013
13:04 EDTUBSUBS to face whistle-blower suit brought by strategist, Bloomberg says
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10:00 EDTUBSOn The Fly: Analyst Downgrade Summary
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07:58 EDTRBSRBS: No new shares needed to meet regulatory capital requirements, FT reports
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05:43 EDTUBSUBS downgraded to Underperform from Market Perform at Keefe Bruyette
May 21, 2013
15:23 EDTUBSUBS downgraded to Underperform from Market Perform at Keefe Bruyette
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May 20, 2013
10:10 EDTRBSRoyal Bank of Scotland management to meet with JPMorgan
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08:12 EDTUBSUBS names Sylvia Coutinho as CEO of UBS Group Brazil
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07:50 EDTBCSGulf wealth funds raise private equity investments, Reuters reports
Sovereign wealth funds in the Gulf Arab region are increasing their allocations to private equity investments at a faster rate than other types of investment, U.S. fund manager Invesco said in a new study, reports Reuters. Large sovereign funds have been looking for alternative investments to give better returns than low-yielding staples such as U.S. Treasuries.Reference Link
07:42 EDTUBSCohasset Associates to host a conference
National Conference on Managing Electronic Records is being held in Chicago on May 20-22.
06:37 EDTRBSRoyal Bank of Scotland announces new chairman of Asia unit, NY Times says
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May 16, 2013
12:32 EDTRBS, UBS, BCSEU bank stress test delayed until 2014 by regulator
The EBA agreed on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe. Since appropriately reviewed balance sheets are a key input to an effective stress test, the EBA has also adjusted the timeline of the next EU-wide stress test so to conduct the exercise in 2014 once the asset quality reviews are completed. However, to ensure transparency and comparability over the years, the EBA will provide, in 2H, appropriate disclosure on the actual exposures of the EU banking sector. Reference Link
07:53 EDTRBSU.K. PM Cameron indicates he wants RBS in good shape for a sale, FT reports
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07:35 EDTRBSRoyal Bank of Scotland to cut 1,400 jobs in U.K., Reuters reports
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May 14, 2013
06:19 EDTUBSBrokerage firms see market share drop, competition increase, Bloomberg reports
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05:44 EDTBCSBanks work deals from both sides of the field, WSJ reports
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May 13, 2013
18:06 EDTBCSBarclays gets shareholder lawsuit over Libor thrown out, Reuters says
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14:47 EDTRBSRoyal Bank of Scotland management to meet with JPMorgan
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07:29 EDTUBSSkillsoft to host a conference
2013 Global Skillsoft Perspectives Learning Industry Conference is being held in Orlando, Florida on May 13-16.
06:49 EDTUBS, RBS, BCSECB member says negative deposit rates would help economy, Reuters says
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May 10, 2013
13:17 EDTUBSUBS 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
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