News Breaks |
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| October 3, 2012 |
| 07:28 EDT |  | SAN, DB, BCS, LYG, RBS, HBC, BNPQY, CRARY | Big EU banks to be hardest hit on Liikanen proposals, FT reports
If the recommendations of the EU-appointed Liikanen review are implemented, including ringfences for retail banking and measures to rein in bonuses, big banks such as Deutsche Bank (DB), Barclays (BCS) and BNP Paribas (BNPQY) are likely to be the hardest hit, according to Financial Times. Reference Link |
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News For DB;BCS;LYG;RBS;HBC;BNPQY;CRARY;SAN From The Last 14 Days Check below for free stories on DB;BCS;LYG;RBS;HBC;BNPQY;CRARY;SAN the last two weeks. |
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| May 23, 2013 |
| 11:20 EDT | | LYG | Lloyds Banking looks to sell $8.7B U.S. mortgage portfolio, WSJ says
Lloyds Banking Group is looking to sell about $8.7B of U.S. mortgage securities, says the Wall Street Journal, citing a person with knowledge of the sale. The proposed sale comes as the bank continues to "shore up" its balance sheet after the "financial crisis," added the WSJ. Reference Link |
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| 06:29 EDT | | DB | Software firm Luxoft files for IPO in New York, Bloomberg reports
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| 05:48 EDT | | BCS | Proxy advisers see their power diminish, WSJ reports
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| May 22, 2013 |
| 08:12 EDT |  | HBC | HSBC shares likely to advance further, says Bernstein
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| 07:58 EDT | | RBS, LYG | RBS: No new shares needed to meet regulatory capital requirements, FT reports
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| 06:01 EDT | | LYG | Lloyds Banking confident it can meet capital requirement, WSJ reports
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| May 21, 2013 |
| 10:00 EDT |  | DB | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Acquity Group (AQ) downgraded to Neutral from Buy at Roth Capital... Beazer Homes (BZH) downgraded to Neutral from Buy at Sterne Agee... CME Group (CME) downgraded to Neutral from Outperform at Macquarie... Carnival (CCL) downgraded to Neutral from Buy at UBS... Coach (COH) downgraded to Equal Weight from Overweight at Morgan Stanley... Deutsche Bank (DB) downgraded to Neutral from Overweight at JPMorgan... First Republic Bank (FRC) downgraded to Hold from Buy at Jefferies... Franklin Resources (BEN) downgraded to Neutral from Outperform at Macquarie... Life Technologies (LIFE) downgraded to Underperform from Outperform at CLSA... Oil States (OIS) downgraded to Neutral from Buy at Sterne Agee... Raymond James (RJF) downgraded to Market Perform from Outperform at Wells Fargo... VF Corp. (VFC) downgraded to Market Perform from Outperform at Wells Fargo... WellCare (WCG) downgraded to Neutral from Buy at Goldman... Huaneng Power (HNP) downgraded to Neutral from Buy at Citigroup... Comerica (CMA) downgraded to Neutral from Buy at DA Davidson... Beazer Homes (BZH) downgraded at Sterne Agee... Oil States (OIS) downgraded at Sterne Agee... eHealth (EHTH) downgraded to Neutral from Buy at Lazard Capital... Carnival (CCL) downgraded to Market Perform from Outperform at Wells Fargo... Warner Chilcott (WCRX) downgraded to Neutral from Positive at Susquehanna. |
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| 07:56 EDT | | DB | Qatar buys stakes in Deutsche Bank, VTB, FT reports
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| 05:46 EDT | | DB | Thomson Reuters, others to challenge Bloomberg messaging, WSJ reports
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| 05:42 EDT | | DB | Deutsche Bank downgraded to Neutral from Overweight at JPMorgan
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| May 20, 2013 |
| 10:10 EDT |  | RBS | Royal Bank of Scotland management to meet with JPMorgan
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| 08:12 EDT |  | HBC | UBS names Sylvia Coutinho as CEO of UBS Group Brazil
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| 07:50 EDT | | BCS | Gulf 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 |
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| 06:37 EDT | | RBS | Royal Bank of Scotland announces new chairman of Asia unit, NY Times says
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| May 17, 2013 |
| 10:07 EDT | | HBC | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Actuant (ATU) downgraded to Neutral from Buy at SunTrust... Aruba Networks (ARUN) downgraded to Perform from Outperform at Oppenheimer... CAE (CAE) downgraded to Sector Perform from Outperform at RBC Capital... City Holding (CHCO) downgraded to Market Perform from Outperform at Keefe Bruyette... Deere (DE) downgraded to Sell from Neutral at Goldman... Disney (DIS) downgraded to Neutral from Overweight at Atlantic Equities... HSBC (HBC) downgraded to Neutral from Outperform at Exane BNP Paribas... L Brands (LTD) downgraded to Underperform from Hold at Jefferies... Manning & Napier (MN) downgraded to Underperform from Neutral at BofA/Merrill... MeadWestvaco (MWV) downgraded to Underperform from Sector Perform at RBC Capital... National Grid (NGG) downgraded to Neutral from Outperform at Exane BNP Paribas... Savient (SVNT) downgraded to Market Perform from Outperform at William Blair... Stryker (SYK) downgraded to Reduce from Neutral at SunTrust... TRW Automotive (TRW) downgraded to Hold from Buy at Deutsche Bank... Universal Health (UHS) downgraded to Neutral from Positive at Susquehanna... Williams-Sonoma (WSM) downgraded to Neutral from Buy at BofA/Merrill... Zimmer (ZMH) downgraded to Reduce from Neutral at SunTrust... Aviva (AV) downgraded to Underperform from Sector Perform at RBC Capital... Pandora (P) downgraded to Hold from Buy at Maxim... Lumos Networks (LMOS) downgraded to Neutral from Buy at DA Davidson... Brocade (BRCD) downgraded to Underperform from Market Perform at William Blair... Applied Materials (AMAT) downgraded to Neutral from Buy at DA Davidson... Cosi (COSI) downgraded to Market Perform from Outperform at Northland Securities. |
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| 05:23 EDT | | HBC | HSBC downgraded to Neutral from Outperform at Exane BNP Paribas
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| May 16, 2013 |
| 12:32 EDT |  | RBS, BCS, DB, LYG, SAN | EU 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 |
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| 08:39 EDT | | DB | Hartford Financial hires Deutsche to find buyer for Japan unit, Bloomberg says
Hartford Financial Services (HIG) engaged Deutsche Bank (DB) to seek a buyer for its Japanese annuity unit, according to Bloomberg, citing people with knowledge of the matter. Reference Link |
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| 07:53 EDT | | RBS | U.K. PM Cameron indicates he wants RBS in good shape for a sale, FT reports
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| 07:35 EDT | | RBS | Royal Bank of Scotland to cut 1,400 jobs in U.K., Reuters reports
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