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Stock Market & Financial Investment News

News Breaks
May 27, 2014
17:57 EDTRBSRBS to reduce size of mortgage business, FT says
Royal Bank of Scotland is said to be cutting 300 positions over a two year time span, says the Financial Times. The bank is eliminating two-thirds of its non-agency mortgage business over two years and is said to be optimizing its interest rate trading business, which also may entail job losses, added the Financial Times. Reference Link
News For RBS From The Last 14 Days
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September 19, 2014
06:46 EDTRBSStarwood Property appoints Jeffrey DiModica President effective September 18
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September 18, 2014
07:52 EDTRBSUBS Chair says litigation bigger worry than stress test, Bloomberg reports
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06:39 EDTRBSEuropean banks take out EUR83B of loans from central bank, NY Times says
European banks agreed to take out EUR83B in low interest loans from the European Central Bank, as part of a program in which all of the funds must be loaned to businesses or individuals, or repaid to the central bank within two years, according to The New York Times. Several analysts had said that they would be disappointed if banks took out less than EUR100B in loans, but a number of analysts said that a second round of the program, due to occur in December after stress tests have been completed, may be more popular, the newspaper stated. Publicly traded European 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
September 16, 2014
14:44 EDTRBSVirginia AG files $1.15B lawsuit against banks that sold RMBS during crisis
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07:58 EDTRBSRBS cans most of central Europe debt team, Bloomberg says
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September 12, 2014
06:48 EDTRBSU.K. bankers worry that Britain could leave EU, NY Times says
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September 11, 2014
06:32 EDTRBSLloyds, RBS to relocate to England if Scots vote yes, Bloomberg says
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05:41 EDTRBSRBS confirms re-domicile plans ahead of Scottish referendum vote
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September 10, 2014
11:06 EDTRBSHigh option volume stocks
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September 9, 2014
08:46 EDTRBSRoyal Bank of Scotland Lloyds should be bought on weakness, says Bernstein
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September 8, 2014
10:25 EDTRBSHigh option volume stocks:
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09:15 EDTRBSRoyal Bank of Scotland, Lloyds seen failing ECB review, Bloomberg reports
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09:12 EDTRBSOn The Fly: Pre-market Movers
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08:26 EDTRBSRBS launches IPO of Citizens Financial unit
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