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Stock Market & Financial Investment News

News Breaks
January 20, 2013
14:34 EDTSANSantander considers GBP2B bid for Clydesdale, Sunday Times reports
In a move to accelerate its U.K. expansion, Santander (SAN) is considering a GBP2B purchase of the Clydesdale and Yorkshire banks, which have a strong position in small business banking and corporate lending, says the Sunday Times. 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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