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Stock Market & Financial Investment News

News Breaks
March 25, 2013
06:17 EDTRBS, SANRBS receives five bids for 318 branches, Daily Mail reports
Royal Bank of Scotland (RBS) has received five bids for the 318 branches that are up for sale following the collapse last year of a deal with Santander (SAN) for the branches, the Daily Mail reports. RBS received bids in the region of GBP1B from Virgin Money and a consortium headed by former Tesco finance chief Andrew Higginson, as well as private equity bidders. Reference Link
News For RBS;SAN From The Last 14 Days
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November 25, 2014
06:12 EDTSANBanco Santander names Jose Antonio Alvarez as CEO
The Board of Banco Santander announced the appointment of José Antonio Álvarez as CEO replacing Javier Marín. It also announced the appointments of: Bruce Carnegie-Brown, as first Vice Chairman and lead independent director of the Board; Sol Daurella and Carlos Fernández as independent Board directors; Rodrigo Echenique, a current non executive Board Member, as Vice Chairman. The three new independent directors will fill the vacancies left by the death of Emilio Botín and the resignation of Fernando de Asúa and Abel Matutes. José Antonio Álvarez, prior to his appointment as CEO, served 10 years as CFO at Banco Santander. These appointments will take effect from January 1, 2015 and are subject to regulatory approvals.
November 24, 2014
07:11 EDTRBSWatchdog orders RBS to call auditors after stress test error, FT reports
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November 21, 2014
11:17 EDTRBSRBS reports EBA stress test result correction
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November 20, 2014
06:03 EDTRBSRBS, NatWest, Ulster Bank fined GBP42M by FCA
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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 EDTSAN, RBSDraghi sees positive signs in euro zone, NY Times reports
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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
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12:38 EDTRBSOn The Fly: Midday Wrap
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08:57 EDTRBSBarclays excluded from forex settlement due to issues with NYDFS, Reuters says
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06:12 EDTRBSCFTC fines five banks $1.4B for manipulation of FX benchmark rates
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06:05 EDTRBSFCA fines five banks $1.7B over FX trading operations
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November 11, 2014
14:30 EDTRBSBanks to be hit with billions in fines for currency manipulation, Telegraph says
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06:53 EDTRBSBanks sued by terror victims, NY Times says
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