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Stock Market & Financial Investment News

News Breaks
May 22, 2014
07:20 EDTRBS, LYGLloyds seeks $709M from RBS regarding rights issue, Reuters says
The Herald Scotland newspaper reported that Lloyds Banking (LYG) is joining a class-action suit against Royal Bank of Scotland (RBS) and is looking for $709M regarding the bank's handling of its GPB12B rights issue, according to Reuters, citing a report from the Scottish newspaper. Reference Link
News For LYG;RBS From The Last 14 Days
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April 15, 2015
06:41 EDTRBS, LYGECB authorizes new emergency funding for Greek banks, Reuters reports
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April 13, 2015
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 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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