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Stock Market & Financial Investment News

News Breaks
November 19, 2012
07:52 EDTSANBanco Santander to invest in Spain's bad bank, Reuters reports
In Spain, Banco Santander (SAN) plans to invest in the country's so-called bad bank, a sign that healthy domestic lenders will support the bank created to clean up after the 2008 property crash, reports Reuters. Reference Link
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August 28, 2014
06:35 EDTSANEuro 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

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