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Stock Market & Financial Investment News

News Breaks
June 3, 2014
06:36 EDTBCSBarclays said to begin reducing 100 jobs in Asia-Pacific, Bloomberg said
Barclays will begin cutting 100 jobs across its Asia-Pacific investment-banking and markets divisions this week, according to Bloomberg, citing a person with knowledge of the matter. The source said the firm will name Vanessa Koo to replace Edward King as the head of mergers and acquisitions in the Asia-Pacific region. 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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