New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 19, 2012
07:35 EDTUSB, HBAN, TD, PNC, FITB, RBS, KEY, MTBRBS under pressure to sell CItizens, Reuters reports
Royal Bank of Scotland (RBS) is coming under pressure from the U.K. government to put its US Citizens business up for sale, according to Reuters. The unit could be worth around $8.8B-$13.6B, but the publication adds that a sale is not likely to happen for a year or two. TD Bank (TD), M&T Bank (MTB), Fifth-Third (FITB), Huntington (HBAN) or KeyCorp (KEY) could be interest in parts of the network, Credit Suisse analysts have said. Bankers say PNC (PNC) and U.S. Bancorp (USB) could also take a look. Reference Link
News For RBS;TD;MTB;FITB;HBAN;KEY;PNC;USB From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
May 19, 2015
06:24 EDTUSBU.S. Bancorp and Bank of America win dismissal of mortgage claims, Reuters says
Subscribe for More Information
06:15 EDTFITBFifth Third upgraded to Outperform from Perform at Oppenheimer
Subscribe for More Information
May 18, 2015
07:12 EDTRBSBarclays expected to face over GBP250M in fines for rigging, Telegraph says
Subscribe for More Information
May 17, 2015
17:06 EDTRBSNomura, RBS ordered to pay $806M to Fannie, Freddie, Reuters says
U.S. District Judge Denise Cote has ordered Nomura (NMR) and RBS (RBS) to pay a total of $806M for allegedly misleading Fannie Mae (FNMA) and Freddie Mac (FMCC), Reuters reported Friday, citing court proceedings and a person familiar with the matter. Reuters notes that Fannie is set to receive $26.6M from the ruling, while Freddie will receive $779.4M. Reference Link
May 15, 2015
16:32 EDTUSBBerkshire Hathaway gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: IBM (IBM), Precision Castparts (PCP), Wells Fargo (WFC), Phillips 66 (PSX), and US Bancorp (USB). DECREASED STAKES: National Oilwell Varco (NOV), Viacom (VIAB), Bank of New York Mellon (BK), MasterCard (MA), and Visa (V). LIQUIDATED STAKES: None.
09:03 EDTUSBU.S. Bank, REI renew mutli-year contract
U.S. Bank (USB) announces the long-term renewal of its co-brand partnership with REI and the launch of the new REI World MasterCard. Under the agreement, the new REI co-branded credit cards will offer members more opportunities to earn through everyday purchases. The card portfolio will be converted to MasterCard (MA) with EMV chip-card technology, better protecting members from card-present counterfeit fraud.
07:50 EDTRBSDOJ tearing up prior UBS rigging settlement after new violations, WSJ reports
Subscribe for More Information
May 14, 2015
06:49 EDTRBSBanks to pay several billion over alleged currency violations, NY Times says
Barclays (BCS), JPMorgan Chase (JPM), Citigroup (C) and the Royal Bank of Scotland (RBS) are expected to agree to pay a combined "several billion dollars" as part of a settlement with the U.S. over alleged foreign exchange rigging, according to The New York Times, which cited unnamed sources. The banks are also expected to plead guilty to criminal antitrust violations, but it is not anticipated that their operations will be significantly affected as a result of those pleas, the newspaper stated. Meanwhile, UBS (UBS) will pay a fine of up to $500M related to alleged "foreign currency misconduct," the newspaper stated. Reference Link
May 13, 2015
16:28 EDTKEYKeyCorp raises quarterly dividend 15% to 7.5 per share
KeyCorp announced that its board of directors declared a Q2 cash dividend of 7.5c per share on the corporation's outstanding common shares. The dividend is payable on June 15 to holders of record as of the close of business on June 2. The dividend represents a 15% increase compared to the 6.5c per common share paid last quarter.
May 12, 2015
19:52 EDTRBSNomura, RBS could pay $805M in mortgage ruling, Reuters says
Subscribe for More Information
18:12 EDTFITB, HBANSenate proposes to ease 'systemically important' bank designation, FT says
Senate bank committee chairman Richard Shelby has introduced legislation that would increase the "systemically important bank" threshold from $50B to $500B, reports the Financial Times, citing draft legislation. The report notes that SunTrust (STI), Regions Financial (RF), Citizens Financial (CFG), Fifth Third (FITB), and Huntington Bancshares (HBAN) may benefit from the change if the bill passes. Some bankers believe the potential change could lead to renewed interest in mergers within the sector, adds the Financial Times. Reference Link
14:13 EDTKEY, PNCBove says it may be time to buy bank stocks
Subscribe for More Information
07:48 EDTFITBStandard & Poor's to hold a summit
Subscribe for More Information
May 11, 2015
15:53 EDTRBSJudge says Nomura misled Freddie, Fannie, HousingWire says
Subscribe for More Information
09:59 EDTPNCOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:58 EDTRBSBarclays expected to pay GBP2B to settle forex rigging charges, FT says
Subscribe for More Information
08:42 EDTPNCPNC Financial downgraded to Neutral at Susquehanna
As reported previously, Susquehanna downgraded PNC Financial to Neutral from Positive citing valuation. The firm raised its price target on PNC shares to $102 from $100.
08:18 EDTUSBBanks executives seek to push back on 'false, damaging' statements, WSJ reports
Subscribe for More Information
06:54 EDTPNCPNC Financial downgraded to Neutral from Positive at Susquehanna
May 10, 2015
14:56 EDTRBSBritain to wind down RBS stake later this year, Reuters says
Subscribe for More Information
1 | 2 | all recent news | >>

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