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Stock Market & Financial Investment News

News Breaks
September 2, 2011
05:46 EDTCS, STD, RBS, AEG, DB, RBC, BCS, BBVA, ING, UBS, LYGU.K. lenders facing a wait for new rules, WSJ reports
The Independent Commission on Banking will make recommendations on September. 12 about how to make Britain's banking industry safer and more competitive, but the U.K. government could take until the end of the year to respond to these recommendations, a source tells the Wall Street Journal. Reference Link
News For BCS From The Last 14 Days
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September 1, 2014
08:46 EDTBCSBarclays sells Spanish businesses to Caixabank for EUR 800M
Barclays (BCS) confirmed the sale of its Retail Banking, Wealth and Investment Management and Corporate Banking businesses in Span to Caixabank (CAIXY) for EUR 800M. On completion, 2,400 Barclays employees will be transfer to Caixabank.
August 31, 2014
16:09 EDTBCSCaixabank agrees to buy Barclays retail banking unit in Spain, WSJ says
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August 29, 2014
06:53 EDTBCSBarclays loans $275M to finance Detroit bankruptcy, WSJ says
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August 28, 2014
06:35 EDTBCSEuro zone credit crunch showing signs of improving, Reuters says
Loans to the private sector by euro zone banks dropped 1.6% in July versus the same period a year earlier, compared with a year-over-year decline of 1.8% in June, according to Reuters. Meanwhile, the bloc's M3 money supply increased at a 1.8% annual rate in July, versus 1.6% in June, the news service added. The upturn in the data comes after the European Central Bank started charging banks in June to keep their deposits overnight, Reuters added. Publicly traded euro zone 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
August 20, 2014
17:14 EDTBCSBarclays settles Thornburg Mortgage lawsuit, WSJ says
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