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Legg Mason to Acquire QS Investors - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 05, 6:30PM CST
Baltimore-based Legg Mason Inc. inked a deal to acquire New York based private asset manager QS Investors in order to expand its global investment products portfolio

RBS to Axe 30,000 jobs - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 24, 12:17PM CST
As part of its restructuring activities,The Royal Bank of Scotland Group plc is set to eliminate a minimum of 30,000 employees in its investment banking division and international operations in the coming three to five years.


Applications for jobless benefits rise to 339K
By CHRISTOPHER S. RUGABER - AP - Thu Feb 13, 9:10AM CST
WASHINGTON (AP) — The number of people seeking U.S. unemployment benefits rose 8,000 last week to 339,000, evidence that layoffs ticked up. Still, the increase wasn't enough to suggest the job market is worsening.


Emerging markets' turmoil likely to stay contained
By PAUL WISEMAN and STEVE ROTHWELL - AP - Mon Feb 03, 4:39PM CST
WASHINGTON (AP) — From Turkey to South Africa to Argentina, emerging markets are being slammed by rising inflation, economic mismanagement and political turmoil.


US consumer prices up 0.3 pct, most in 6 months
By CHRISTOPHER S. RUGABER - AP - Thu Jan 16, 4:17PM CST
WASHINGTON (AP) — U.S. consumer prices rose last month by the most since June, driven up by higher gas prices, but excluding energy, inflation was tame.

Can BNP Paribas (BNPQY) Stock Continue to Grow Earnings? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Jan 15, 7:47AM CST
One company that might be well-positioned for future earnings growth is BNP Paribas (BNPQY) in banking and financial services space that witnessed a significant EPS growth last year, and is looking great for this year too.


Weekly US unemployment benefit claims drop to 330K
By JOSH BOAK - AP - Thu Jan 09, 8:45AM CST
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell 15,000 last week to a seasonally adjusted 330,000, signaling fewer layoffs and steady job growth.

The Banks With the Most Loyal Customers
Patrick Morris, The Motley Fool - Motley Fool - Wed Dec 04, 10:55AM CST
Thanks to the rise in easy-to-use technology, switching between banks is perhaps easier now than it has ever been before, and the banks with the best customer loyalty are sure to be rewarded. Bain & Company, a consultancy, notes that, "[t]he...

Strength Seen in Grupo Financiero (GGAL): Stock Surges 10.2% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Nov 27, 7:32AM CST
Grupo Financiero Galicia S.A. was a big mover yesterday, as the company saw its shares rise by over 10% on the day.

RBS to Vend Derivative Biz - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 19, 11:50AM CST
The Royal Bank of Scotland Group plc is in negotiation to divest its structured retail investor products and equity derivatives operations to Paris-based BNP Paribas SA.


TWITTER IPO LIVE: Strong market debut for Twitter
AP - Thu Nov 07, 4:11PM CST
NEW YORK (AP) — Twitter had a strong public stock debut Thursday in the most highly anticipated initial public offering since Facebook's last year.


Twitter appeal wanes in parts of Asia
By YOUKYUNG LEE - AP - Thu Nov 07, 10:34AM CST
SEOUL, South Korea (AP) — Too open. Too crowded. Too difficult.


Fewer Americans seek unemployment aid for 3rd week
By CHRISTOPHER S. RUGABER - AP - Thu Oct 31, 8:13AM CDT
WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell 10,000 last week to a seasonally adjusted 340,000, a sign that employers are laying off very few workers.

BNP Paribas makes profit, but revenue slips
AP - Thu Oct 31, 5:03AM CDT
PARIS (AP) — BNP Paribas, France's largest bank, said Thursday that profit held up in the third quarter despite a drop in revenue due to weak retail and investment banking activity.

Dutch bank paying $1B to settle LIBOR charges
By MARCY GORDON - AP - Tue Oct 29, 12:39PM CDT
WASHINGTON (AP) — Rabobank of the Netherlands has agreed to pay about $1 billion to settle U.S., British and Dutch charges of manipulating a key global interest rate. The bank's chairman resigned as it became the fifth financial firm sanctioned in the international rate-rigging scandal.

Government shutdown hits US consumer confidence
By CHRISTOPHER S. RUGABER - AP - Fri Oct 25, 12:15PM CDT
WASHINGTON (AP) — U.S. consumer confidence fell in October as concern grew that the partial government shutdown and political fight over the nation's borrowing limit would slow growth.


Will US hiring accelerate if economy doesn't?
By CHRISTOPHER S. RUGABER - AP - Tue Oct 22, 5:44PM CDT
WASHINGTON (AP) — The uncertainty and weakness that hung over the U.S. job market in September before the government shut down aren't going away.


NY factory activity grows more slowly in October
By CHRISTOPHER S. RUGABER - AP - Tue Oct 15, 11:42AM CDT
WASHINGTON (AP) — Factory activity in the New York region expanded more slowly in October, a sign that the partial government shutdown may be weighing on the economy.

These 3 Regional Banks Rule California
Jay Jenkins, The Motley Fool - Motley Fool - Wed Oct 09, 7:02AM CDT
If you consider individual U.S. states as independent economies, then California would be the 12th largest economy in the world. Based on estimates from the International Monetary Fund, California's economy is larger than that of Australia and...

Phoenix Light Sues Credit Suisse - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 11, 8:20AM CDT
Ireland-based investment fund, Phoenix Light SF Ltd. sued Credit Suisse for the misrepresentation of mortgage-backed securities.

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