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Stock Market & Financial Investment News

News Breaks
April 4, 2014
06:26 EDTRBS, CSRoyal Bank of Scotland names Ewen Stevenson as CFO
The Royal Bank of Scotland Group plc (RBS) announces that Ewen Stevenson has been appointed as an Executive Director and RBS CFO with effect from May 19. Stevenson joins from Credit Suisse (CS) where he is Co-Head of EMEA Investment Banking and its Global Financial Institutions Group, Investment Banking division.
News For RBS;CS From The Last 14 Days
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July 30, 2015
06:53 EDTRBSRBS reports 1H operating profit GBP5629M vs. GBP2.87B last year
Reports 1H operating profit before tax GBP293M, which includes GBP1.05B of restructuring costs. Reports CET1 12.3% and Tier 1 12.3%.
06:25 EDTCSSamson Resources plans to file for bankruptcy protection, NY Post reports
Samson Resources plans to file for bankruptcy protection "within days," the New York Post reports. KKR (KKR) is slated to lose its approximately $2B investment in the firm, the report says. Cerberus Capital Management, Silver Point Capital, and Credit Suisse (CS) are among the second-lien lenders that hold roughly $1B in debt and will take over Samson in exchange for their loans as part of a prepackaged bankruptcy, the report says. Reference Link
July 27, 2015
10:29 EDTCSCase against Credit Suisse over 'dark pools' prepped by NY AG, Fox Business says
New York Attorney General Eric Schneiderman is readying to bring a civil case against Credit Suisse over high-frequency trading abuses through its Crossfinder “dark pools,” according to Fox Business' Charlie Gasparino. Reference Link
July 23, 2015
05:47 EDTCSCredit Suisse reports Q2 EPS CHF 0.61 vs. (CHF 0.45) last year
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July 22, 2015
18:18 EDTRBSRBS hires advisers to investigate treatment of small businesses, Reuters says
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09:59 EDTCSCredit Suisse CEO considers possible acquisition, FT reports
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July 21, 2015
06:08 EDTRBSU.K. watchdog visited Barclays 186 times in 2014, Bloomberg reports
The FCA's supervisory team made 186 visits to Barclays (BCS) in 2014, more than any other British bank that year, Bloomberg reports. HSBC (HSBC) was next highest with 85 visits, with RBS (RBS) and Lloyds (LYG) following with 65 and 58 encounters, respectively, the report says. Reference Link

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