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Stock Market & Financial Investment News

News Breaks
April 11, 2011
07:42 EDTRBS, BCS, LYGU.K. says banks won't have to be split, WSJ reports
The U.K.'s Independent Commission on Banking says banks that have retail and investment banking likely don't need to be completely broken up but that they should hold more capital and keep their retail banks from riskier investment banking operations, reports the Wall Street Journal. Reference Link
News For LYG;BCS;RBS From The Last 14 Days
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November 26, 2014
17:42 EDTBCSBarclays upgraded to Buy from Neutral at Goldman
Goldman Sachs upgraded Barclays (BCS) to Buy saying the bank is positioned to benefit from less stringent leverage requirements. Goldman coupled the upgrade with a downgrade of HSBC (HSBC) to Neutral.
November 24, 2014
07:11 EDTRBSWatchdog orders RBS to call auditors after stress test error, FT reports
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November 21, 2014
11:17 EDTRBSRBS reports EBA stress test result correction
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November 20, 2014
06:03 EDTRBSRBS, NatWest, Ulster Bank fined GBP42M by FCA
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November 19, 2014
07:37 EDTLYG, BCSCitigroup to hold a conference
Global Financial Conference is being held in Singapore on November 19-20.
November 18, 2014
14:56 EDTRBSRBS management to meet with Jefferies
Meetings to be held in Chicago/Toronto on November 24-25 hosted by Jefferies.
06:34 EDTLYG, RBS, BCSDraghi sees positive signs in euro zone, NY Times reports
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November 17, 2014
07:12 EDTBCSBloomberg / Mayer Brown to co-host a conference
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November 14, 2014
06:36 EDTRBSRoyal Bank of Scotland to exit US mortgage business, Reuters reports
Royal Bank of Scotland's securities unit will exit its U.S. mortgage trading business, reports Reuters. In an emailed statement, a RBS spokesman said exiting the business "is a necessary part of repositioning our US business." RBS had originally planned to shrink it by two-thirds. Reference Link
November 13, 2014
08:45 EDTLYGLloyds Banking seen cutting 1,250 insurance jobs, Guardian reports
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