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Stock Market & Financial Investment News

News For RBS;LYG From The Last 14 Days
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July 7, 2015
10:00 EDTLYGOn The Fly: Analyst Upgrade Summary
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07:35 EDTLYGLloyds Banking upgraded to Buy from Hold at Canaccord
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07:26 EDTRBSRBS may repurchase $15.5B worth of stock in 2016, Bloomberg reports
The Royal Bank of Scotland may repurchase GBP10B, or $15.5B, worth of stock in 2016 if it reduces its risk-weighted assets by GBP125B, Bloomberg reports, citing a report from Investec. RBS currently has GBP350B of such assets on its balance sheet and is expected to cut that to GBP225B by the end of next year as loans run off and assets are sold, the report says. Reference Link
July 6, 2015
08:58 EDTRBSU.K. plans to sell half of RBS stake in two years, Reuters reports
The U.K. government plans to sell half of its stake in the Royal Bank of Scotland (RBS), worth $25B, within the next two years of a possible first sale in September, Reuters reports, citing people with knowledge of government thinking. Reference Link
July 2, 2015
18:02 EDTRBSRBS to potentially face $13B judgment in subprime mortgage case, FT says
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12:22 EDTRBSBrazil investigates banks for exchange rate manipulation
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08:14 EDTRBSRBS announces BNP Paribas as referral bank for GTS customers
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