|April 15, 2014|
|04:55 EDT||STT, STT, RBS, RBS||Federal Reserve Bank of Atlanta to hold a conference|
2014 Financial Markets Conference is being held in Stone Mountain, Georgia on April 15-16.
News For STT;RBS From The Last 14 Days
Check below for free stories on STT;RBS the last two weeks.
|July 23, 2014|
|09:00 EDT||RBS||U.K. committee chair says RBS 'willfully obtuse' with evidence, Reuters says|
The chairman of the U.K.'s Treasury Select Committee accused Royal Bank of Scotland of being "willfully obtuse" when giving evidence to lawmakers probing its Global Restructuring Group unit, which deals with corporate clients who find themselves in financial distress, said Reuters. Reference Link
|06:56 EDT||RBS||RBS could sell Ulster Bank to private equity firm, Irish Examiner reports|
Royal Bank of Scotland (RBS) is considering selling its Ulster Bank unit to a private equity firm, the Irish Examiner. A purchase price for the unit could be anywhere between EUR500M-EUR2.5B, depending on what assets are included in the sale, the publication says. KKR (KKR) and Apollo (APO) are rumored buyers for the unit. Reference Link
|July 22, 2014|
|07:16 EDT||STT||State Street sees $575M-$625M in annualized pre-tax expense savings by 2015|
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|07:13 EDT||STT||State Street reports Q2 operating EPS $1.39, consensus $1.26|
Reports Q2 revenue $2.6B, consensus $2.6B.
|July 21, 2014|
|15:30 EDT||STT||Notable companies reporting before tomorrow's open |
Notable companies reporting before tomorrow's market open, with earnings consensus, include Verizon (VZ), consensus 90c; Coca-Cola (KO), consensus 63c; Comcast (CMCSA), consensus 72c; United Technologies (UTX), consensus $1.70; McDonald's (MCD), consensus $1.44; Altria Group (MO), consensus 66c; du Pont (DD), consensus $1.17; Lockheed Martin (LMT), consensus $2.66; Kimberly-Clark (KMB), consensus $1.50; Travelers (TRV), consensus $2.07; Ingersoll-Rand (IR), consensus $1.11; State Street (STT), consensus $1.26; TD Ameritrade (AMTD), consensus 34c; Harley-Davidson (HOG), consensus $1.46; Polaris Industries (PII), consensus $1.39; Crocs (CROX), consensus 31c.
|July 18, 2014|
|11:21 EDT||RBS||British antitrust regulator to investigate country's banks, NY Times reports|
The U.K.'s antitrust authorities said they expected to open a formal investigation into Britain's retail banking industry, reports the New York Times. The regulators cited barriers to competition that include control of a national network of branches by four large banks that control more than three-quarters of the market. Reference Link
|06:31 EDT||RBS||RBS winds-down distressed-debt unit as Weiss leaves, Bloomberg says|
Royal Bank of Scotland is capping a distressed-debt division as it scales back its investment firm to revive profitability, according to Bloomberg citing three people familiar with the matter. The sources said that global head of a special situations group, Jon Weiss, departed this month. Reference Link
|06:20 EDT||RBS||RBS considers selling Coutts' overseas operations, FT reports|
Royal Bank of Scotland is eyeing the sale of Coutts' overseas operations, the Financial Times reports. The bank is currently conducting a review of its wealth management division. Reference Link
|July 11, 2014|
|06:48 EDT||RBS||Bank of England says banks' capital requirement could rise, Reuters reports|
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|July 10, 2014|
|07:08 EDT||RBS||ECB keeps tight grip on banks with health check results, Reuters says|
The European Central Bank is targeting to keep a tight grip banks in the final phase of a balance sheet health check in October, giving them only 48 hours to review the test results before publishing them, according to Reuters, citing two people familiar with the matter. The assessment will look into banks’ balance sheets and measure their ability to handle shock and stress. Publicly traded European 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).
|July 9, 2014|
|10:51 EDT||STT||State Street, others reach $60M settlement over forex services, Reuters says|
State Street and other defendants agreed to settle a lawsuit accusing them of overcharging clients for foreign exchange services for $60M, according to Reuters, citing a court filing. The report notes that the proposed settlement requires approval by federal judge. Reference Link