New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For GE;MET;UNB;C From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
November 12, 2014
07:28 EDTCBofA/Merrill to hold a conference
Subscribe for More Information
06:12 EDTCCFTC fines five banks $1.4B for manipulation of FX benchmark rates
Subscribe for More Information
06:05 EDTCFCA fines five banks $1.7B over FX trading operations
Subscribe for More Information
November 11, 2014
14:30 EDTCBanks to be hit with billions in fines for currency manipulation, Telegraph says
Subscribe for More Information
09:37 EDTCActive equity options trading
Subscribe for More Information
08:01 EDTGEGE Healthcare, Takeda enter into alliance agreement for R&D in hepatic fibrosis
Subscribe for More Information
07:14 EDTCJudge allows Citigroup to process next Argentina bond payout, Reuters reports
Subscribe for More Information
November 10, 2014
07:44 EDTMETMetLife could challenge SIFI designation, WSJ reports
Subscribe for More Information
07:08 EDTMETCredit Suisse to hold a conference
2014 Boston Financials 1:1 Conference to be held in Boston on November 10-11.
06:46 EDTCRegulators 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
06:37 EDTCSumitomo Mitsui in lead for Citigroup's Japan retail operations, WSJ reports
Subscribe for More Information
06:30 EDTGEGlobal LED lighting market ste to rach $25.7B in 2014, DigiTimes says
Subscribe for More Information
06:18 EDTCUBS to settle misconduct allegations at precious metals trading unit, FT reports
Subscribe for More Information
November 7, 2014
16:53 EDTGEGeneral Electric files to sell 75M shares of common stock
Subscribe for More Information
07:04 EDTGESouthcross Energy Partners completes $210M capital commitment
Subscribe for More Information
November 6, 2014
11:29 EDTMETFinancial Stability Board updates list of global systemically important insurers
Subscribe for More Information
11:24 EDTCHSBC, JPMorgan highest on FSB list of global systemically important banks
The Financial Stability Board published its updated list of global systemically important banks, placing HSBC (HSBC) and JPMorgan (JPM) in its highest "bucket" corresponding to required level of additional loss absorbency. Both of those banks were placed in bucket 4, which is associated with 2.5% in additional loss absorbency required. Banks in the next category, or bucket 3, include Barclays (BCS), BNP Paribas (BNPQY), Citigroup (C) and Deutsche Bank (DB). Other banks included on the updated list include Bank of America (BAC), Credit Suisse (CS), Goldman Sachs (GS), Morgan Stanley (MS), RBS (RBS), BNY Mellon (BK), ING Groep (ING), Banco Santander (SAN), Societe Generale (SCGLY), Standard Chartered (SCBFF), State Street (STT), UBS (UBS), and Wells Fargo (WFC). Of note, UBS is now in the lowest bucket, associated with 1% additional loss absorbency required. Reference Link
08:58 EDTGEGE Capital closes sale of GE Money Bank AB to Santander Consumer Finance
Subscribe for More Information
08:16 EDTGEGE Oil & Gas planning $60M investment in Lufkin, Texas, foundry
Seeking to improve and sustain its manufacturing capabilities to meet the growing demand for oil and gas production and power transmission equipment, GE Oil & Gas announced it plans to invest $60M in expanding and modernizing its foundry operations in Lufkin, Texas. The Lufkin foundry produces industry-leading iron castings used to make renowned Lufkin beam pumping units and Lufkin power transmission equipment. GE plans to demolish 30,000 square feet of its existing 515,000-square-foot facility and construct 72,000 square feet of new buildings. The company also plans to refurbish the remaining facilities at the site in Angelina County. The facility upgrades will create a simplified production process flow, improve employee working conditions and provide GEs customers with improved quality and delivery schedules. Design work for the project is expected to begin in 2014. As currently proposed and pending government approvals and permits, construction would be carried out in four phases commencing in 2016. Under that schedule, construction is expected to be completed in about three years. The foundry manufactures gray and ductile iron castings, producing an estimated 72,000 tons of products each year.
07:59 EDTCCiti retail unit in Japan to get bids from four banks, Reuters says
Four Japanese banks including, Sumitomo Mitsui Banking (SMFG), are expected to make second round bids for Citigroup's (C) consumer banking business in Japan, according to Reuters, citing bankers with knowledge of the matter. The unit was initially put up for sale in September, the report noted. Reference Link
1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use