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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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June 22, 2015
06:45 EDTRBSRBS may ask for more time to spin off Williams & Glyn, U.K. Times reports
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06:10 EDTRBSRBS Chairman says UK banks fear block on cross-selling, Financial Times says
RBS Chairman Sir Philip Hampton has warned that British Banks fear being blocked from cross-selling products to their clients, reports the Financial Times. Hampton said UK banks had no choice but to accept the ringfencing low that forces them to hive off retail and small business operations into a separate subsidiary at arms length from other activities. Reference Link
June 19, 2015
05:54 EDTRBSRBS looks to hire banker who had worked on ABN deal, Financial Times reports
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June 18, 2015
10:51 EDTRBSRBS close to returning 'missing' customer payments, The Telegraph says
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07:28 EDTLYG, RBSLloyds CEO to call on U.K. banks to welcome ringfencing rules, Reuters says
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