New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 25, 2014
07:57 EDTKKR, RBSRBS says private equity investment in Ulster possible, Reuters reports
Royal Bank of Scotland (RBS) acknowledged that a private equity investment in its Ulster Bank unit is among the options it is exploring, according to Reuters, citing comments made by CEO Ross McEwan during a conference call with reporters. The Irish Examiner and Sunday Times have previously reported that Ulster could be sold or invested in by a PE firm, with the Times noting that Warburg Pincus, CVC, KKR (KKR) and Permira were among the groups examining an investment. Reference Link
News For RBS;KKR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 21, 2014
11:17 EDTRBSRBS reports EBA stress test result correction
Subscribe for More Information
November 20, 2014
06:03 EDTRBSRBS, NatWest, Ulster Bank fined GBP42M by FCA
Subscribe for More Information
November 19, 2014
10:12 EDTKKRPetSmart says will not take questions on strategic alternatives exploration
Subscribe for More Information
06:03 EDTKKRSources: KKR, CD&R team up to take PetSmart private, Reuters reports
Subscribe for More Information
November 18, 2014
14:56 EDTRBSRBS management to meet with Jefferies
Meetings to be held in Chicago/Toronto on November 24-25 hosted by Jefferies.
06:34 EDTRBSDraghi sees positive signs in euro zone, NY Times reports
Subscribe for More Information
November 14, 2014
06:36 EDTRBSRoyal Bank of Scotland to exit US mortgage business, Reuters reports
Royal Bank of Scotland's securities unit will exit its U.S. mortgage trading business, reports Reuters. In an emailed statement, a RBS spokesman said exiting the business "is a necessary part of repositioning our US business." RBS had originally planned to shrink it by two-thirds. Reference Link
November 12, 2014
16:23 EDTRBSOn The Fly: Closing Wrap
Subscribe for More Information
12:38 EDTRBSOn The Fly: Midday Wrap
Subscribe for More Information
08:57 EDTRBSBarclays excluded from forex settlement due to issues with NYDFS, Reuters says
Subscribe for More Information
06:12 EDTRBSCFTC fines five banks $1.4B for manipulation of FX benchmark rates
Subscribe for More Information
06:05 EDTRBSFCA fines five banks $1.7B over FX trading operations
Subscribe for More Information
05:55 EDTKKRKKR, CITIC Limited jointly invest in United Envirotech
CITIC Limited and KKR jointly announce the formation of a consortium through related entities, CITIC Environment Protection Co. Ltd. and KKR China Water Investment Holdings Limited respectively, to make a pre-conditional voluntary offer, or VGO, for all the shares in United Envirotech, or UEL. The transaction allows CITIC to become the controlling shareholder of UEL through the holding of a majority interest in the consortium. This will be achieved by the consortium through the VGO subject to conditions being met, to acquire existing shares in UEL from the existing shareholders including KKR. In addition, after the VGO, the consortium will subscribe for further shares in UEL by way of a private placement totalling SGD50M, SGD100M or SGD150M which will provide additional capital to UEL. The offer price values UEL at approximately SGD1.9B on fully diluted basis. The consortium intends to maintain the listing status of UEL post transaction.
November 11, 2014
14:30 EDTRBSBanks to be hit with billions in fines for currency manipulation, Telegraph says
Subscribe for More Information
06:53 EDTRBSBanks sued by terror victims, NY Times says
Subscribe for More Information
November 10, 2014
08:40 EDTKKRKKR readies to sell more Samson assets, Reuters reports
Subscribe for More Information
06:46 EDTRBSRegulators set new capital buffer rule for banks, Reuters reports
Global banks should have buffers of bonds or equity worth 16%-20% of their risk-weighted assets, beginning in January 2019, The Financial Stability Board decided, according to Reuters. The board said the buffer would prevent the need for government bailouts, the news service explained. Publicly traded global banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) Wells Fargo (WFC), Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), RBS (RBS) and UBS (UBS). Reference Link
06:18 EDTRBSUBS to settle misconduct allegations at precious metals trading unit, FT reports
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use