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Stock Market & Financial Investment News

News Breaks
February 11, 2014
06:21 EDTBCSBarclays to cut up to 12,000 jobs this year, BBC News reports
Barclays will cut up to 12,000 jobs this year in a move to cut costs, BBC News reports. Between 10,000 and 12,000 jobs will be cut this year, including 7,000 in the U.K. Barclays also announced that it has increased the total bonus pool for 2013 by 10% to GBP2.38B, up from GBP2.17B in 2012. Reference Link
News For BCS From The Last 14 Days
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April 21, 2015
06:01 EDTBCSTeva bid for Mylan could come today, Bloomberg reports
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April 20, 2015
19:32 EDTBCSU.S. pressures JPMorgan, Citi, others to settle forex case by mid-May, FT says
The U.S. Department of Justice is pressuring JPMorgan (JPM), Barclays (BCS), Citi (C), Royal Bank of Scotland (RBS), and UBS (UBS) to reach a settlement by mid-May regarding alleged foreign exchange manipulation, reports the Financial Times, citing people familiar with the situation. The Financial Times notes that the settlement could see some of the banks paying roughly $1B. Sources say that the Department is demanding guilty pleas from "most" of the banks. Reference Link
08:32 EDTBCSBofA/Merrill European strategists hold an analyst/industry conference call
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April 15, 2015
06:41 EDTBCSECB authorizes new emergency funding for Greek banks, Reuters reports
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