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Stock Market & Financial Investment News

News Breaks
July 18, 2014
11:21 EDTBCS, LYG, HSBC, RBSBritish antitrust regulator to investigate country's banks, NY Times reports
The U.K.'s antitrust authorities said they expected to open a formal investigation into Britain's retail banking industry, reports the New York Times. The regulators cited barriers to competition that include control of a national network of branches by four large banks that control more than three-quarters of the market. Reference Link
News For LYG;RBS;HSBC;BCS From The Last 14 Days
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April 15, 2015
06:41 EDTRBS, HSBC, BCS, LYGECB authorizes new emergency funding for Greek banks, Reuters reports
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April 14, 2015
08:26 EDTHSBCHSBC seeking non-executive directors to freshen board, Reuters reports
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April 13, 2015
18:38 EDTHSBCHSBC, Assurant offer to settle class action suit for $1.8M, HousingWire says
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11:17 EDTRBSRBS plans to sell Luxembourg-based fund management unit, Reuters reports
Royal Bank of Scotland has appointed PricewaterhouseCoopers to advise on the sale of its Luxembourg-based fund management unit, Reuters reports. The business had $30.1B in assets under administration at the end of last year. Reference Link
April 10, 2015
06:19 EDTRBSNomura, RBS accused of 'deceit' and incompetence' in trial, Financial Times says
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April 9, 2015
18:36 EDTHSBCHSBC placed under formal criminal investigation in France, EUR1B bail set
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April 7, 2015
11:41 EDTBCSBarclays' Felder to step down as head of markets, WSJ reports
Eric Felder, the head of markets at Barclays, is set to leave the bank just a year after being named to the role, The Wall Street Journal reports, citing an internal memo. Joe Corcoran, who is the current head of the bank's equities and credit products unit, will replace Felder on an interim basis. Reference Link
April 6, 2015
06:06 EDTRBSMizuho seen hiring 130 investment bankers from RBS, FT reports
Mizuho (MFG) is reportedly set to poach 130 investment bankers from Royal Bank of Scotland's (RBS) U.S. arm, The Financial Times reports. The Japanese bank announced a deal to buy $36B of loan assets from RBS in February, and that deal is expected to close this week. Reference Link

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