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Stock Market & Financial Investment News

News Breaks
February 12, 2013
10:52 EDTSANSantander CEO's pardon granted partial annullment, WSJ reports
A government pardon granted to Santander CEO Alfredo Saenz that spared him a three-month suspension from banking has been partially annulled by the Spanish Supreme Court, reports the Wall Street Journal. The court decision held that the government wasn't competent to block the CEO's suspension from banking. Reference Link
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October 21, 2014
08:18 EDTSANBasel Committee accelerating work on leverage ratio, FT says
The Basel Committee on Banking Supervision will begin work on the calibration of the leverage ratio, a measure of bank capital seen as less vulnerable to manipulation, sooner than previously planned, which suggests the finished rule could be released as soon as 2015 or 2016, which is ahead of the previous target date of 2017, reported Financial Times, citing comments from the secretary-general of the committee, William Coen. Publicly traded large U.S. banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Publicly traded large EU 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
October 17, 2014
05:51 EDTSANStocks with implied volatility movement; SD SAN
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October 16, 2014
06:50 EDTSANEuropean regulator rejects bonus loophole, NY Times says
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October 10, 2014
09:13 EDTSANEBA says EU stress test results to be published October 26
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