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Stock Market & Financial Investment News

News Breaks
October 23, 2012
07:18 EDTSAN, BBVAWilbur Ross interested in Spanish banking assets, Bloomberg reports
Billionaire Wilbur Ross, and his Ross’s WL Ross & Co., who have taken stakes in distressed U.S. and European lenders, is interested in Spanish banking assets as the country takes steps to resolve bad loans stemming from its real-estate bubble, reports Bloomberg. Reference Link
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May 16, 2013
12:32 EDTBBVA, SANEU bank stress test delayed until 2014 by regulator
The EBA agreed on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe. Since appropriately reviewed balance sheets are a key input to an effective stress test, the EBA has also adjusted the timeline of the next EU-wide stress test so to conduct the exercise in 2014 once the asset quality reviews are completed. However, to ensure transparency and comparability over the years, the EBA will provide, in 2H, appropriate disclosure on the actual exposures of the EU banking sector. Reference Link
May 14, 2013
09:38 EDTSANActive equity option families trading on open
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May 13, 2013
06:49 EDTBBVA, SANECB member says negative deposit rates would help economy, Reuters says
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May 9, 2013
10:08 EDTBBVAOn The Fly: Analyst Upgrade Summary
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05:35 EDTBBVABanco Bilbao upgraded to Buy from Hold at Societe Generale
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