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Stock Market & Financial Investment News

News Breaks
July 30, 2014
07:58 EDTSAN, BSBRFiling reveals Santander Brasil in discussions with Bonsucesso, Reuters says
A securities filing revealed that Banco Santander (BSBR) a unit of Banco Santander (SAN), has entered discussions with Banco Bonsucesso amid attempts to increase the company's presence in payroll-deductible lending, according to Reuters, citing the filing. A source said that Santander Brasil could possibly create a joint venture with Bonsucesso. Reference Link
News For BSBR;SAN From The Last 14 Days
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November 18, 2014
06:34 EDTSANDraghi sees positive signs in euro zone, NY Times reports
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November 10, 2014
06:46 EDTSANRegulators set new capital buffer rule for banks, Reuters reports
Global banks should have buffers of bonds or equity worth 16%-20% of their risk-weighted assets, beginning in January 2019, The Financial Stability Board decided, according to Reuters. The board said the buffer would prevent the need for government bailouts, the news service explained. Publicly traded global banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) Wells Fargo (WFC), Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), RBS (RBS) and UBS (UBS). Reference Link

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