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Stock Market & Financial Investment News

News Breaks
March 2, 2014
18:13 EDTRBSRBS to reduce assets in U.S. to ease legal pressure, FT says
Royal Bank of Scotland is planning to reduce by more than half the assets in its broker-dealer unit in New York to bring assets below the $50B threshold to avoid capital becoming trapped in the U.S. due to leverage ratio requirements under the Fed rules, says the Financial Times. Reference Link
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August 28, 2014
06:35 EDTRBSEuro 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 18, 2014
09:20 EDTRBSDeutsche Bank appoints Shannon Americas Chief Information Officer
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