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Stock Market & Financial Investment News

News Breaks
March 4, 2013
06:19 EDTBNPQY, RBSIdeal Stelrad weighing strategic options, may consider sale, Telegraph reports
Radiator firm Ideal Stelrad, whose owners include Royal Bank of Scotland (RBS) and BNP Paribas (BNPQY), is weighing strategic options, sources tell the Telegraph. If a strategic review does go forward, the business could be sold this year, possibly for GBP200M-GBP300M. Reference Link
News For RBS;BNPQY From The Last 14 Days
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June 28, 2015
17:05 EDTBNPQYBank regulator probes 'Isdafix' benchmark manipulation, FT says
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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 EDTRBSLloyds CEO to call on U.K. banks to welcome ringfencing rules, Reuters says
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06:21 EDTBNPQYFour banks to pay nearly $1B to settle forex rigging suit, AFP reports
Goldman Sachs (GS), BNP Paribas (BNPQY), Barclays (BCS), and HSBC (HSBC) have all reached separate agreements to settle a U.S. civil lawsuit over alleged foreign exchange rigging in deals totaling approximately $1B, AFP reports, citing sources close to the situation. The agreements are preliminary and are subject to change, the sources told AFP, confirming an earlier report on the settlements from the Wall Street Journal. Barclays is expected to pay $375M, HSBC $285M, BNP Paribas roughly $200M, and Goldman Sachs about $130M, the report says.The four banks' pending agreements would settle the civil lawsuit filed by Scott & Scott and Hausfeld that claims their traders manipulated the forex market to boost the banks' profits, AFP reports. Reference Link
06:01 EDTBNPQYBanks to settle civil forex lawsuit for nearly $2B, WSJ reports
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