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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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November 24, 2015
12:19 EDTRBSRBS faces charges over alleged loan security price inflation, NY Post says
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06:02 EDTBNPQYBNP Paribas among companies interested in GE unit, Reuters reports
BNP Paribas (BNPQY), La Banque Postale and CM-CIC are said to be interested in buying the European factoring division of General Electric (GE), Reuters reports, citing a report from Les Echos. According to Les Echos, firms offers for the unit, which could value the business at EUR700M-EUR1B, are expected today. BNP Paribas is said to be interested in the business in France and Germany, the report says. Reference Link
November 20, 2015
05:51 EDTBNPQYBNP Paribas to pay $59.8M in Swiss bank settlement, Bloomberg reports
BNP Paribas has agreed to pay $59.8M and revealed Swiss banking secrets in detail to avoid U.S. prosecution, reports Bloomberg. Some of the secrets include assets restructured into Liechtenstein-linked insurance policies, and a banker who agreed to communicate with one U.S. client by faxes or calls to a prepaid mobile phone. KBL and Bank CIC have also joined the program, paying $18.8M and $3.3M respectively. Reference Link
05:46 EDTBNPQYBNP Paribas dedicates EUR 15B in financing for renewable energy
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November 17, 2015
18:34 EDTRBSU.S. pursuing criminal charges against JPMorgan, RBS executives, WSJ says
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