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Stock Market & Financial Investment News

News Breaks
February 7, 2013
08:04 EDTRBS, UBS, BCSBanks facing state, local losses tied to Libor, Bloomberg reports
The multistate investigation of alleged manipulation of interest rates threatens to leave banks liable for billions of dollars in estimated state and local losses even as they settle with national regulators, reports Bloomberg. The New York Attorney General Eric Schneiderman is involved in leading an investigation into claims that banks rigged global benchmarks for borrowing, adding to investigations by other authorities, including the U.S. Justice Department. States have joined forces as banks reach settlements to resolve liability tied to Libor, or the London interbank offered rate. Reference Link
News For RBS;UBS;BCS From The Last 14 Days
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August 29, 2014
06:53 EDTBCSBarclays loans $275M to finance Detroit bankruptcy, WSJ says
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August 28, 2014
06:35 EDTBCS, RBS, UBSEuro zone credit crunch showing signs of improving, Reuters says
Loans to the private sector by euro zone banks dropped 1.6% in July versus the same period a year earlier, compared with a year-over-year decline of 1.8% in June, according to Reuters. Meanwhile, the bloc's M3 money supply increased at a 1.8% annual rate in July, versus 1.6% in June, the news service added. The upturn in the data comes after the European Central Bank started charging banks in June to keep their deposits overnight, Reuters added. Publicly traded euro zone banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
August 27, 2014
06:10 EDTRBSRoyal Bank of Scotland, NatWest fined GBP14.47M by FCA
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August 21, 2014
06:31 EDTRBSRBS reaches copyright suit settlement after judge bars software, Reuters says
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August 20, 2014
17:14 EDTBCSBarclays settles Thornburg Mortgage lawsuit, WSJ says
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August 18, 2014
09:20 EDTRBSDeutsche Bank appoints Shannon Americas Chief Information Officer
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