Stock Market & Financial Investment News

News Breaks October 16, 2012 06:31 EDT RBS, SAN RBS considers suing Santander over failed branch deal, Telegraph reports Royal Bank of Scotland (RBS) is considering suing Santander (SAN) following the collapse of the failed deal for Santander to buy 316 RBS branches, the Telegraph reports. RBS believes the ditched deal could cost it up to GBP1B. Sources close to RBS say directors are said to be "convinced" that the bank is pulling out because of the banking crisis in Spain. Reference Link News For RBS;SAN From The Last 14 Days Check below for free stories on RBS;SAN the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 22, 2013 07:58 EDT RBS RBS: No new shares needed to meet regulatory capital requirements, FT reports Subscribe for More Information May 20, 2013 10:10 EDT RBS Royal Bank of Scotland management to meet with JPMorgan Subscribe for More Information 06:37 EDT RBS Royal Bank of Scotland announces new chairman of Asia unit, NY Times says Subscribe for More Information May 16, 2013 12:32 EDT RBS, SAN EU bank stress test delayed until 2014 by regulator The EBA agreed on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe. Since appropriately reviewed balance sheets are a key input to an effective stress test, the EBA has also adjusted the timeline of the next EU-wide stress test so to conduct the exercise in 2014 once the asset quality reviews are completed. However, to ensure transparency and comparability over the years, the EBA will provide, in 2H, appropriate disclosure on the actual exposures of the EU banking sector. Reference Link 07:53 EDT RBS U.K. PM Cameron indicates he wants RBS in good shape for a sale, FT reports Subscribe for More Information 07:35 EDT RBS Royal Bank of Scotland to cut 1,400 jobs in U.K., Reuters reports Subscribe for More Information May 14, 2013 09:38 EDT SAN Active equity option families trading on open Subscribe for More Information May 13, 2013 14:47 EDT RBS Royal Bank of Scotland management to meet with JPMorgan Subscribe for More Information 06:49 EDT SAN, RBS ECB member says negative deposit rates would help economy, Reuters says Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.