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Stock Market & Financial Investment News

News Breaks
January 31, 2013
10:43 EDTSANSantander obtains Chinese approval for joint auto venture, China Daily says
Spanish bank Banco Santander (SAN) received approval from China to form a joint venture with China's seventh-largest automaker, Jianghuai Automobile, according to China Daily. Reference Link
News For SAN From The Last 14 Days
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November 18, 2014
06:34 EDTSANDraghi sees positive signs in euro zone, NY Times reports
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November 10, 2014
06:46 EDTSANRegulators set new capital buffer rule for banks, Reuters reports
Global banks should have buffers of bonds or equity worth 16%-20% of their risk-weighted assets, beginning in January 2019, The Financial Stability Board decided, according to Reuters. The board said the buffer would prevent the need for government bailouts, the news service explained. Publicly traded global banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) Wells Fargo (WFC), Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), RBS (RBS) and UBS (UBS). Reference Link

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