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Stock Market & Financial Investment News

News Breaks
February 14, 2014
05:54 EDTSAN, PEUGYPeugeot, Santander close to loan deal, Reuters reports
PSA Peugeot Citroen (PEUGY) and Banco Santander (SAN) are nearing an agreement on a European car loans alliance that the automaker plans to announce with a recapitalization deal with Chinese partner Dongfeng, sources say, reports Reuters.Reference Link
News For PEUGY;SAN From The Last 14 Days
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March 27, 2015
06:59 EDTPEUGYJoint venture to suspend production of Peugeot, Mitsubishi cars, Reuters says
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March 24, 2015
07:26 EDTSANMaxim Integrated targeting major banks with patent lawsuits, Reuters reports
Maxim Integrated is (MXIM) targeting several major banks alleging their smartphone banking apps infringe the company's patents, reports Reuters. The complaints were filed against M&T Bank (MTB), and the US affiliates of HSBC (HSBC) and Banco Santander (SAN). The patents cover various technologies that secure data, including encryption for mobile financial transactions. Reference Link
March 17, 2015
09:34 EDTSANActive equity options trading on open
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March 16, 2015
14:08 EDTSANEU regulator says time for fine-tuning, Reuters says
The Basel Committee on Banking Supervision believes the necessary bank regulatory framework is in place though some additional work must be done to finalize leverage ratio and capital floor rules, Reuters reported yesterday, citing statements by secretary-general William Coen at a financial conference in Doha. Coen added, "We're now at the state where we can take a step back and look to see how [the regulations] fit together," cautioning that further analysis must be data-driven but admitting that both banks and regulatory bodies were feeling "regulation fatigue." Publicly traded companies in the space include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), RBS (RBS) and UBS (UBS). Reference Link
06:25 EDTSANBanco Santander able to easily sell subprime auto loan bond, NY Times says
Banco Santander last week was able to easily sell its bond comprised mostly of subprime auto loans, according to The New York Times. The deal was worth $712M, the newspaper noted. Reference Link

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