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Stock Market & Financial Investment News

News Breaks
March 25, 2014
07:27 EDTMTU, RBS, SMFGMitsubishi UFJ also mulls offer for RBS' Citizens, Reuters says
Royal Bank of Scotland (RBS) has had contact regarding the possible sale of its U.S. retail business Citizens with Sumitomo Mitsui (SMFG) while Mitsubishi UFJ (MTU) has also considered an offer, according to Reuters, citing people with knowledge of the matter. Both MUFG and SMFG have signaled an openness to consider a bid for Citizens, but the sources say that there are "significant hurdles" in both cases. Reference Link
News For RBS;MTU;SMFG From The Last 14 Days
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July 2, 2015
18:02 EDTRBSRBS to potentially face $13B judgment in subprime mortgage case, FT says
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12:22 EDTMTU, RBSBrazil 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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June 30, 2015
06:18 EDTSMFGSumitomo Mitsui close to deal to buy GE's European PE finance unit, WSJ reports
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June 22, 2015
06:45 EDTRBSRBS may ask for more time to spin off Williams & Glyn, U.K. Times reports
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06:10 EDTRBSRBS Chairman says UK banks fear block on cross-selling, Financial Times says
RBS Chairman Sir Philip Hampton has warned that British Banks fear being blocked from cross-selling products to their clients, reports the Financial Times. Hampton said UK banks had no choice but to accept the ringfencing low that forces them to hive off retail and small business operations into a separate subsidiary at arms length from other activities. Reference Link
June 19, 2015
05:54 EDTRBSRBS looks to hire banker who had worked on ABN deal, Financial Times reports
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