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Stock Market & Financial Investment News

News Breaks
March 25, 2014
07:27 EDTSMFG, MTU, RBSMitsubishi 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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August 28, 2015
06:21 EDTSMFGWells Fargo front-runner to purchase GE's railcar unit, Bloomberg reports
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August 27, 2015
18:02 EDTRBSU.S. may prohibit Deutsche Bank, others from managing pensions, Bloomberg says
In correspondence dated mid-July, the U.S. Labor Department tentatively rejected requests from Deutsche Bank (DB), UBS (UBS), RBS (RBS) to manage U.S. pension funds, reports Bloomberg, citing letters between the organizations. Bloomberg notes that the Department could use the "threat of denial" to mandate stricter conditions on pension management. Reference Link
August 26, 2015
10:00 EDTRBSOn The Fly: Analyst Upgrade Summary
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07:19 EDTRBSRBS upgraded to Overweight from Equal Weight at Morgan Stanley
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August 18, 2015
13:09 EDTRBSRBS to sell Luxembourg fund business to Blackfin Capital, Financial Times says
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06:45 EDTRBSNine banks agree to $2B settlement for currency market rigging, FT says
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