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Stock Market & Financial Investment News

News Breaks
February 27, 2014
06:40 EDTBCSBarclays to be hurt by executive's retirement, Reuters columnist says
The retirement of Barclays' chairman of investment banking, Hans-Joerg Rudloff, will deprive the British bank of a much needed long-term perspective, Reuters Breakingviews columnist Dominic Elliott wrote yesterday. At a time when the bank is trying to cope with external constraints on its global strategy, Rudloff's experience in turning around Credit Suisse First Boston from 1989-1994 would have been helpful to Barclays, the columnist indicated. Reference Link
News For BCS From The Last 14 Days
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September 29, 2014
06:23 EDTBCSCitigroup, JPMorgan meet with FCA to settle forex rigging probe, WSJ reports
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September 23, 2014
12:49 EDTBCSSEC says Barclays failed to maintain adequate internal compliance system
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06:18 EDTBCSFCA fines Barclays GBP 37.75M for putting assets at risk
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06:02 EDTBCSBarclays CEO defends bank against dark pool allegations, CNBC reports
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September 22, 2014
13:39 EDTBCSFCA to fine Barclays GBP 38M over client assets, Sky News reports
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September 18, 2014
07:52 EDTBCSUBS Chair says litigation bigger worry than stress test, Bloomberg reports
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06:39 EDTBCSEuropean banks take out EUR83B of loans from central bank, NY Times says
European banks agreed to take out EUR83B in low interest loans from the European Central Bank, as part of a program in which all of the funds must be loaned to businesses or individuals, or repaid to the central bank within two years, according to The New York Times. Several analysts had said that they would be disappointed if banks took out less than EUR100B in loans, but a number of analysts said that a second round of the program, due to occur in December after stress tests have been completed, may be more popular, the newspaper stated. Publicly traded European banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
September 17, 2014
07:43 EDTBCSBarclays, NY AG spar over fraud allegations, Reuters reports
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