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Stock Market & Financial Investment News

News Breaks
December 27, 2012
07:38 EDTLYG, RBS, BCS, HBCBank lending to companies in U.K. declines, WSJ reports
In the U.K., bank lending to companies declined last month, a result of the weak economy and as doubts rise about the prospects of the Bank of England and U.K. Treasury's program to increase the credit supply, reports the Wall Street Journal. The British Bankers' Association today showed lending to companies outside the financial sector fell by GBP 3.1B ($5B) in November, the biggest drop since June. Reference Link
News For RBS;HBC;BCS;LYG From The Last 14 Days
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April 15, 2015
06:41 EDTRBS, BCS, LYGECB authorizes new emergency funding for Greek banks, Reuters reports
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April 13, 2015
11:17 EDTRBSRBS plans to sell Luxembourg-based fund management unit, Reuters reports
Royal Bank of Scotland has appointed PricewaterhouseCoopers to advise on the sale of its Luxembourg-based fund management unit, Reuters reports. The business had $30.1B in assets under administration at the end of last year. Reference Link
April 10, 2015
06:19 EDTRBSNomura, RBS accused of 'deceit' and incompetence' in trial, Financial Times says
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April 7, 2015
11:41 EDTBCSBarclays' Felder to step down as head of markets, WSJ reports
Eric Felder, the head of markets at Barclays, is set to leave the bank just a year after being named to the role, The Wall Street Journal reports, citing an internal memo. Joe Corcoran, who is the current head of the bank's equities and credit products unit, will replace Felder on an interim basis. Reference Link
April 6, 2015
06:06 EDTRBSMizuho seen hiring 130 investment bankers from RBS, FT reports
Mizuho (MFG) is reportedly set to poach 130 investment bankers from Royal Bank of Scotland's (RBS) U.S. arm, The Financial Times reports. The Japanese bank announced a deal to buy $36B of loan assets from RBS in February, and that deal is expected to close this week. Reference Link

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