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Stock Market & Financial Investment News

News Breaks
February 4, 2013
04:55 EDTFMER, FMER, FMER, MMC, MMC, MMC, BCS, BCS, BCS, ZION, ZION, ZION, TRV, TRV, TRV, WFC, WFC, WFCAmerican Bankers Association to hold annual forum
ABA Insurance Risk Management Annual Forum is being held in Orlando, Florida on February 3-6.
News For FMER;MMC;BCS;ZION;TRV;WFC From The Last 14 Days
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July 1, 2015
13:42 EDTMMCMarsh & McLennan Agency acquires J.W. Terrill, terms undisclosed
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10:38 EDTWFCWells Fargo July volatility flat into Q2 and outlook
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09:54 EDTTRVWells does not expect competing bid for Chubb
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07:57 EDTWFCU.S. banks not facing significant direct losses on Greek default, WSJ says
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June 29, 2015
15:23 EDTBCSBarclays appoints former Dallas Fed President Fisher as senior advisor
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June 28, 2015
17:05 EDTBCSBank regulator probes 'Isdafix' benchmark manipulation, FT says
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June 26, 2015
10:00 EDTZIONOn The Fly: Analyst Upgrade Summary
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06:51 EDTZIONZions Bancorp upgraded to Outperform from Neutral at Credit Suisse
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June 25, 2015
07:13 EDTWFCFed director says full transparency in stress testing can be 'enormous weakness'
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June 24, 2015
06:40 EDTBCSCalif. utility sues Barclays over electricity price manipulation, Reuters says
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June 23, 2015
13:02 EDTWFCSumitomo, others show interest in GE railway-leasing business, WSJ says
Japan's Sumitomo Mitsui Financial Group is interested in buying General Electric's (GE) railway-leasing business, says the Wall Street Journal, citing sources. Wells Fargo (WFC) and other U.S. financial institutions have also shown interest in GE Capital Rail Services, which may be worth around $4B, added the Wall Street Journal, citing people familiar with the matter. Reference Link
12:57 EDTBCSBarclays appoints Nomura’s Sherlund as software banking chair, Bloomberg says
Barclays (BCS) named Richard “Rick” Sherlund as chairman of software banking, Bloomberg reports, citing a company memo. Sherlund comes to the company from Nomura Holdings (NMR) where he worked for the past four years as a managing director and head of U.S. technology research, the report says.
06:53 EDTBCSPSAV prepares for IPO that could raise roughly $300M, Bloomberg says
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06:30 EDTBCSBarclays experimenting with blockchain technology, Finextra reports
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06:25 EDTBCSBarclays-Stifel deal marks end of Lehman legacy, Business Insider reports
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06:21 EDTBCSBarclays may sell private equity business to management, Reuters reports
Barclays is in discussions to sell Barclays Natural Resource Investments, its natural resources-focused private equity business, to the unit's management, Reuters reports, citing a source familiar with the situation. Sky News previously reported that the talks are at an "advanced stage" and could be concluded this year. Reference Link
June 22, 2015
10:00 EDTMMCOn The Fly: Analyst Downgrade Summary
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06:10 EDTBCSRBS Chairman says UK banks fear block on cross-selling, Financial Times says
RBS Chairman Sir Philip Hampton has warned that British Banks fear being blocked from cross-selling products to their clients, reports the Financial Times. Hampton said UK banks had no choice but to accept the ringfencing low that forces them to hive off retail and small business operations into a separate subsidiary at arms length from other activities. Reference Link
05:39 EDTMMCMarsh & McLennan downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded Marsh & McLennan to Neutral citing the stock's proximity to its unchanged price target of $60. Goldman notes shares are up 61% since the firm upgraded Marsh to Buy on February 6, 2013.
June 19, 2015
16:46 EDTFMERFirstMerit releases results of Dodd-Frank stress test
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