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Stock Market & Financial Investment News

News Breaks
November 3, 2009
06:37 EDTSTD, RBSBanco Santander expects to buy a Royal Bank of Scotland section, Expansión says
Banco Santander (STD) expressed interest in acquiring the small and medium businesses section from the Royal Bank of Scotland (RBS), an attempt to increase its corporative banking share in the British market. Confidential sources reported that Santander is awaiting the sale to be confirmed. National Australia Bank has been mentioned as a competitor in this potential sale. Depending on the actives included in the offer the and the competition amount buyers price may may vary from EUR1.10B to EUR2.20B Reference Link
News For STD;RBS From The Last 14 Days
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July 30, 2015
06:53 EDTRBSRBS reports 1H operating profit GBP5629M vs. GBP2.87B last year
Reports 1H operating profit before tax GBP293M, which includes GBP1.05B of restructuring costs. Reports CET1 12.3% and Tier 1 12.3%.
July 22, 2015
18:18 EDTRBSRBS hires advisers to investigate treatment of small businesses, Reuters says
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July 21, 2015
06:08 EDTRBSU.K. watchdog visited Barclays 186 times in 2014, Bloomberg reports
The FCA's supervisory team made 186 visits to Barclays (BCS) in 2014, more than any other British bank that year, Bloomberg reports. HSBC (HSBC) was next highest with 85 visits, with RBS (RBS) and Lloyds (LYG) following with 65 and 58 encounters, respectively, the report says. Reference Link

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