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Stock Market & Financial Investment News

News For RBS;LYG;SAN;BCS From The Last 14 Days
Check below for free stories on RBS;LYG;SAN;BCS the last two weeks.
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May 23, 2013
11:20 EDTLYGLloyds Banking looks to sell $8.7B U.S. mortgage portfolio, WSJ says
Lloyds Banking Group is looking to sell about $8.7B of U.S. mortgage securities, says the Wall Street Journal, citing a person with knowledge of the sale. The proposed sale comes as the bank continues to "shore up" its balance sheet after the "financial crisis," added the WSJ. Reference Link
05:48 EDTBCSProxy advisers see their power diminish, WSJ reports
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May 22, 2013
07:58 EDTRBS, LYGRBS: No new shares needed to meet regulatory capital requirements, FT reports
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06:01 EDTLYGLloyds Banking confident it can meet capital requirement, WSJ reports
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May 20, 2013
10:10 EDTRBSRoyal Bank of Scotland management to meet with JPMorgan
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07:50 EDTBCSGulf wealth funds raise private equity investments, Reuters reports
Sovereign wealth funds in the Gulf Arab region are increasing their allocations to private equity investments at a faster rate than other types of investment, U.S. fund manager Invesco said in a new study, reports Reuters. Large sovereign funds have been looking for alternative investments to give better returns than low-yielding staples such as U.S. Treasuries.Reference Link
06:37 EDTRBSRoyal Bank of Scotland announces new chairman of Asia unit, NY Times says
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May 16, 2013
12:32 EDTLYG, BCS, SAN, RBSEU bank stress test delayed until 2014 by regulator
The EBA agreed on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe. Since appropriately reviewed balance sheets are a key input to an effective stress test, the EBA has also adjusted the timeline of the next EU-wide stress test so to conduct the exercise in 2014 once the asset quality reviews are completed. However, to ensure transparency and comparability over the years, the EBA will provide, in 2H, appropriate disclosure on the actual exposures of the EU banking sector. Reference Link
07:53 EDTRBSU.K. PM Cameron indicates he wants RBS in good shape for a sale, FT reports
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07:35 EDTRBSRoyal Bank of Scotland to cut 1,400 jobs in U.K., Reuters reports
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May 14, 2013
09:38 EDTSANActive equity option families trading on open
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05:44 EDTBCSBanks work deals from both sides of the field, WSJ reports
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May 13, 2013
18:06 EDTBCSBarclays gets shareholder lawsuit over Libor thrown out, Reuters says
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14:47 EDTRBSRoyal Bank of Scotland management to meet with JPMorgan
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10:36 EDTLYGLloyds Banking confirms plan for Chairman Bischoff to retire
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07:29 EDTLYGSkillsoft to host a conference
2013 Global Skillsoft Perspectives Learning Industry Conference is being held in Orlando, Florida on May 13-16.
06:49 EDTSAN, LYG, RBS, BCSECB member says negative deposit rates would help economy, Reuters says
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May 9, 2013
12:23 EDTRBSRBS Citizens Financial CEO Alemany to retire in September
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