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Stock Market & Financial Investment News

News Breaks
January 22, 2013
06:38 EDTSAN, NABZYSantander not interested in buying NAB's British banks, Daily Telegraph says
Santander (SAN) has denied reports that it is looking at buying National Australia Bank's (NABZY) Yorkshire and Clydesdale banks, the Daily Telegraph reports. Santander says it is focused on organic growth for its British operations. Reference Link
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May 16, 2013
12:32 EDTSANEU 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 EDTSANECB member says negative deposit rates would help economy, Reuters says
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