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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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November 24, 2014
07:11 EDTRBSWatchdog orders RBS to call auditors after stress test error, FT reports
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November 21, 2014
11:17 EDTRBSRBS reports EBA stress test result correction
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November 20, 2014
06:03 EDTRBSRBS, NatWest, Ulster Bank fined GBP42M by FCA
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November 18, 2014
14:56 EDTRBSRBS management to meet with Jefferies
Meetings to be held in Chicago/Toronto on November 24-25 hosted by Jefferies.
06:34 EDTRBSDraghi sees positive signs in euro zone, NY Times reports
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November 14, 2014
06:36 EDTRBSRoyal Bank of Scotland to exit US mortgage business, Reuters reports
Royal Bank of Scotland's securities unit will exit its U.S. mortgage trading business, reports Reuters. In an emailed statement, a RBS spokesman said exiting the business "is a necessary part of repositioning our US business." RBS had originally planned to shrink it by two-thirds. Reference Link

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