Banking Stocks Technical Data -- Research on Lloyds Banking, HSBC Holdings, Barclays, and Royal Bank of Scotland
PR Newswire - Mon Apr 14, 8:00AM CDT
On Friday, April 11, 2014, the NASDAQ Composite ended at 3,999.73, down 1.34%, the Dow Jones Industrial Average finished 0.89% lower at 16,026.75, and the S&P 500 closed at 1,815.69, down 0.95%. The losses were broad based as all the ten sectors finished on a negative note. The S&P 500 Financials Sector Index declined 1.17% to finish the day at 286.83, and the same has declined 2.21% in last one month. Investor-Edge has initiated coverage on the following equities: Lloyds Banking Group PLC (NYSE: LYG), HSBC Holdings PLC (NYSE: HSBC), Barclays PLC (NYSE: BCS) and Royal Bank of Scotland Group PLC (NYSE: RBS). Free technical research on LYG, HSBC, BCS and RBS can be downloaded upon signing up at:
Why Royal Bank Of Scotland (RBS) Stock Was Higher Today
at The Street - Wed Apr 09, 3:45PM CDT
Shares of Royal Bank of Scotland (RBS) advanced today as the bank reached an agreement to end the U.K. Treasury's dividend access share, bringing the company a step closer to paying dividends.
Barclays Divests UAE Retail Biz to ADIB - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 08, 5:20PM CDT
Following the completion of strategic review of its retail operation in UAE in Sep 2013, Barclays has announced a divestiture of the same. The retail banking business is being acquired by ADIB.
'Mad Money' Lightning Round: I Love Ecolab
at The Street - Tue Apr 08, 5:00AM CDT
Cramer says Encana is going higher but he's lukewarm on Diana Shipping.
Jim Cramer's 'Mad Money' Recap: Where's the Rally?
at The Street - Mon Apr 07, 7:13PM CDT
Cramer says the economy may be getting better but the markets sure aren't showing it.
Are These Banks About to Lose Billions?
Anna B. Wroblewska, The Motley Fool - Motley Fool - Sat Apr 05, 9:21AM CDT
With so many scandals in the financial industry, it’s hard to keep up with who's getting fined for doing what illegal and nefarious activity. Here’s a rundown of the critical information you may have missed about the latest -- and possibly largest --...
Bank of Ireland is Ready to Shake Up the British Banking Industry
Alexander MacLennan, The Motley Fool - Motley Fool - Fri Apr 04, 6:00AM CDT
Source: Flickr / Kevin Dooley. In early March, I wrote an article about how Royal Bank of Scotland Group could be making a greater move into the Irish banking industry. But it looks like one Irish bank is looking to strike back on RBS' home...
The Deal: European Shares Rise Ahead of U.S. Jobs Data
at The Street - Fri Apr 04, 5:19AM CDT
European markets float gently into positive territory on Friday despite a very mixed picture in Asia overnight.
Forex Probe Continues for Banks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 02, 8:30AM CDT
On Tuesday, regulators in Hong Kong and New Zealand jumped the bandwagon of the widespread global investigation into the alleged foreign exchange rates manipulation.
Were HSBC Preferred Stock Shareholders Cheated?
Doug K. Le Du, The Motley Fool - Motley Fool - Wed Apr 02, 6:00AM CDT
On March 14, 2014, banking investigators at the U.S. Federal Deposit Insurance Corporation, or FDIC, charged 16 banks with manipulating the London Inter-Bank Offered Rate, or LIBOR. International investigators had previously issued $3.7 billion in...
Forex Probe Widens: A Blow for 8 Big Banks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 01, 8:40AM CDT
On Monday, Switzerland's competition commission Wettbewerbskommission (WEKO) revealed the names of 8 big banks amid the widespread global investigation into the alleged foreign exchange rates manipulation. The regulator has openly confirmed the involvement of these banks in manipulation.
Business Highlights
By The Associated Press - AP - Mon Mar 31, 4:59PM CDT
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Swiss name 8 banks in forex manipulation probe
By JOHN HEILPRIN - AP - Mon Mar 31, 7:33AM CDT
GENEVA (AP) — Switzerland's competition regulator on Monday named eight global banks it is investigating for possible manipulation of foreign exchange rates.
Stress Test Results: 25 Banks Triumph, 5 Disqualify - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 27, 8:30AM CDT
After the release of the Dodd-Frank Act supervisory stress test 2014 (DFAST 2014) results last week, the Federal Reserve approved the capital plans of 25 financial institutions out of 30 in the Comprehensive Capital Analysis and Review (CCAR).
March 27 Premarket Briefing: 10 Things You Should Know
at The Street - Thu Mar 27, 6:57AM CDT
U.S. stock futures rise ahead of jobless claims; Citigroup's capital plan is rejected by the Fed; Bank of America settles with the FHFA; Lululemon to report earnings.
The Deal: European Stocks Fall Following Obama's Strong Words Over Russia
at The Street - Thu Mar 27, 5:11AM CDT
European stocks fall on Thursday, following U.S. stocks lower, and Asian indices are mixed as investors worried that a speech Wednesday by President Obama could presage growth-damaging action to tackle the crisis in Ukraine.
Citigroup Inc. Denied $6.4 Billion Repurchase Plan and Dividend Increase
Patrick Morris, The Motley Fool - Motley Fool - Wed Mar 26, 6:53PM CDT
The Federal Reserve announced today that it has approved the capital plans of 25 banks, but one bank notably absent from that list was Citigroup . The Comprehensive Capital Analysis and Review, or CCAR, said the reason for the denial of...
RBS May Sell U.S. Retail Biz - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 25, 4:40PM CDT
Edinburgh, UK based The Royal Bank of Scotland Group plc is in talks with Japanese bank Sumitomo Mitsui Financial Group Inc. to vend its U.S retail bank RBS Citizens Financial Group.
SEC Probes Banks' Loan Securities Deals - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 25, 3:02PM CDT
According to the Wall Street Journal, a new probe has been initiated by the SEC, which can compound the legal woes of banks.
RBS Says Sticking With IPO Plan For Citizens
at The Street - Tue Mar 25, 11:50AM CDT
Royal Bank of Scotland Group on Tuesday attempted to play down rumors of a possible sale of RBS Citizens Financial Group to either of two competing Japanese banks, repeating instead its plan to float the company later this year.