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Stock Market & Financial Investment News

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August 6, 2014
05:33 EDTINGING reports Q2 EPS EUR 0.28 vs. EUR 0.23 last year
Reports Q2 underlying net profit EUR 1.18B vs. EUR 901M last year. Reports Q2 net result EUR 1.07B vs. EUR 895M last year. Reports Q2 Tier 1 capital ratio 10.5%. Q2 results reflect solid income despite adverse CVA/DVA impacts and deconsolidation of Vysya; risk costs declined further.
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September 18, 2014
07:52 EDTINGUBS Chair says litigation bigger worry than stress test, Bloomberg reports
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06:39 EDTINGEuropean banks take out EUR83B of loans from central bank, NY Times says
European banks agreed to take out EUR83B in low interest loans from the European Central Bank, as part of a program in which all of the funds must be loaned to businesses or individuals, or repaid to the central bank within two years, according to The New York Times. Several analysts had said that they would be disappointed if banks took out less than EUR100B in loans, but a number of analysts said that a second round of the program, due to occur in December after stress tests have been completed, may be more popular, the newspaper stated. Publicly traded European banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
September 9, 2014
07:28 EDTINGThe Money Event, Inc to hold a conference
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