Erste Group Bk ADR (EBKDY) 12.8450 $EBKDY
Fed Hike Still in the Cards? 4 Stocks that Stand to Gain
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 1:16PM CDT
With the interest rates still on an upward trajectory, investors can consider these finance stocks that are set to benefit directly from the same.
KCG: 14.14 (+0.12), NGHC: 21.21 (-0.02), FBP: 4.48 (+0.04)
Barclays Ratings Affirmed by Moody's with Stable Outlook
Zacks Equity Research - Zacks Investment Research - Wed May 11, 8:42AM CDT
Moody's Investors Service, the rating services arm of Moody's (MCO), affirmed the ratings of Barclays (BCS), Barclays Bank PLC and all affiliated companies.
BCS: 10.48 (+0.03), GGAL: 29.59 (+0.35), MCO: 100.19 (-0.81)
Bear of the Day: HSBC (HSBC)
David Bartosiak - ZACKS - Wed Feb 24, 8:01AM CST
Bear of the Day: HSBC (HSBC)
BMA: 68.92 (+2.04), HSBC: 32.53 (+0.03)
Barclays to Pay $50M to Settle FX Trade Rigging Suit
Zacks Equity Research - Zacks Investment Research - Fri Feb 19, 2:30PM CST
Barclays (BCS) will now have to shell out $50 million to resolve a lawsuit filed by Axiom Investment Advisors LLC.
BCS: 10.48 (+0.03), CS: 13.47 (+0.10), DB: 17.27 (+0.13)
Barclays to Decide Upon Africa Unit Fate, May Consider Sale
Zacks Equity Research - Zacks Investment Research - Thu Feb 18, 2:15PM CST
As per a Bloomberg report, Barclays (BCS) is expected to discuss the future of its African operations, which no longer fit with the bank's strategy, at its meetings in London.
BCS: 10.48 (+0.03), C: 45.54 (-0.20)
HSBC to Restructure Turkish Unit after Failed Sale Attempts
Zacks Equity Research - Zacks Investment Research - Thu Feb 18, 2:10PM CST
HSBC (HSBC) is now planning to restructure its Turkish operations after efforts by the Europe's largest lender to divest the unprofitable unit hit a roadblock, according to a Bloomberg report.
BBD: 7.00 (+0.20), HSBC: 32.53 (+0.03), ING: 12.45 (+0.13)
Mitsubishi UFJ (MTU) Sets up Wing for Fintech Research
Zacks Equity Research - Zacks Investment Research - Wed Jan 06, 3:15PM CST
Mitsubishi UFJ Financial Group, Inc. (MTU) has established a unit for research and development of new financial technologies
BCS: 10.48 (+0.03), MTU: 4.94 (+0.05), GGAL: 29.59 (+0.35)
Itau Unibanco to Buy 82% BTG Stake in Debt Collection Firm
Zacks Equity Research - Zacks Investment Research - Mon Jan 04, 9:50AM CST
Itau Unibanco Holding S.A. (ITUB), has inked a deal to acquire the struggling investment bank, Banco BTG Pactual S.A.'s entire stake in debt collection company - Recovery do Brasil Consultoria S.A.
BCS: 10.48 (+0.03), GGAL: 29.59 (+0.35), ITUB: 8.69 (+0.25)
Barclays Collaborates with Ares, Sells $744M of UK Loans
Zacks Equity Research - Zacks Investment Research - Tue Dec 22, 9:50AM CST
Britain's second largest bank Barclays (BCS) sold a ??500 million ($744 million) portfolio of UK leveraged mid-market loans.
BCS: 10.48 (+0.03), ARES: 14.18 (-0.08), RBS: 6.68 (-0.05)
Credit Suisse to Set Up a Branch in Ireland & Move Staff
Zacks Equity Research - Zacks Investment Research - Mon Dec 21, 9:40AM CST
As part of its restructuring efforts to reduce costs, Credit Suisse (CS) is planning to relocate around 40 traders and 60 back-office staff from London to Dublin.
BCS: 10.48 (+0.03), PUK: 38.49 (-0.41), CS: 13.47 (+0.10)
Deutsche Bank Suisse Resolves Tax Case; to Pay $31M
Zacks Equity Research - Zacks Investment Research - Wed Nov 25, 2:25PM CST
On Tuesday, Deutsche Bank Suisse, a unit of German lender - Deutsche Bank AG (DB) entered into an agreement with the Department of Justice (DOJ) under which the bank will pay a penalty of around $31 million.
BMA: 68.92 (+2.04), DB: 17.27 (+0.13), GGAL: 29.59 (+0.35)
UBS Enters Office Market in Oakland: to Buy Clorox Building
Zacks Equity Research - Zacks Investment Research - Mon Nov 23, 2:40PM CST
Penetrating the burgeoning office market in Oakland - one of the largest cities in the San Francisco Bay Area - UBS Group AG (UBS) has inked a contract to purchase an office tower in the city
BMA: 68.92 (+2.04), GGAL: 29.59 (+0.35), UBS: 15.08 (+0.17)
RBS Fortifies Balance Sheet; to Buy Back GBP4.5B Debt
Zacks Equity Research - Zacks Investment Research - Wed Nov 18, 10:20AM CST
In a major move, The Royal Bank of Scotland Group plc (RBS) initiated offering to buy back as much as ??4.5 billion of senior debt, in an effort to trim down its funding costs
BMA: 68.92 (+2.04), GGAL: 29.59 (+0.35), RBS: 6.68 (-0.05)
Mitsubishi to Invest in EDF Renewable Energy's Wind Farm
Zacks Equity Research - Zacks Investment Research - Thu Nov 12, 10:30AM CST
Mitsubishi (MTU) is planning to invest in an under construction wind project of the French energy giant Electricite de France, S.A. (EDF) in Kansas, according to a Bloomberg report.
BMA: 68.92 (+2.04), MTU: 4.94 (+0.05), GGAL: 29.59 (+0.35)
Deutsche Bank Streamlines Units; Announces Managerial Changes
Zacks Equity Research - Zacks Investment Research - Tue Oct 20, 10:20AM CDT
Frankfurt-based German lender - Deutsche Bank AG's (DB) Supervisory Board unveiled its plan of restructuring business segments along with reshuffling of executive committees and senior management changes.
BMA: 68.92 (+2.04), DB: 17.27 (+0.13), GGAL: 29.59 (+0.35)
Zacks Industry Outlook Highlights: Banco Macro, Erste Group Bank, Deutsche Bank, Mitsubishi UFJ Financial Group and Mizuho Financial Group
Zacks Equity Research - Zacks Investment Research - Wed Oct 14, 8:30AM CDT
Zacks Industry Outlook Highlights: Banco Macro, Erste Group Bank, Deutsche Bank, Mitsubishi UFJ Financial Group and Mizuho Financial Group
BMA: 68.92 (+2.04), MFG: 3.13 (+0.05), MTU: 4.94 (+0.05), DB: 17.27 (+0.13)
Foreign Banks Stock Outlook - Oct. 2015
Kalyan Nandy - Zacks Investment Research - Tue Oct 13, 12:52PM CDT
Foreign Banks Stock Outlook - Oct. 2015
BMA: 68.92 (+2.04), MFG: 3.13 (+0.05), MTU: 4.94 (+0.05), BBD: 7.00 (+0.20), WBK: 22.71 (+0.27), CS: 13.47 (+0.10), HDB: 66.30 (+0.74), RY: 62.64 (+0.74), DB: 17.27 (+0.13)
Itau Unibanco Seeks to Offload R$3B Non-Performing Loans
Zacks Equity Research - Zacks Investment Research - Mon Oct 05, 3:15PM CDT
Itau Unibanco Holding S.A. (ITUB) rose 5.2% on Friday on the NYSE as the company, one of the largest banks by assets in Brazil, is exploring to sell non-performing loans with a face value of about R$ 3 billion ($760 million)
MTU: 4.94 (+0.05), DB: 17.27 (+0.13), ITUB: 8.69 (+0.25)
Credit Suisse Settles with SEC over Deficient Data Submission
Zacks Equity Research - Zacks Investment Research - Tue Sep 29, 10:10AM CDT
Credit Suisse Securities (USA) LLC - a subsidiary of Credit Suisse Group AG (CS) ??? is set to pay $4.25 million to the Securities and Exchange Commission (SEC) for providing deficient information to the regulator regarding its customer trades
MTU: 4.94 (+0.05), CS: 13.47 (+0.10), DB: 17.27 (+0.13)
Fed Hike Still in the Cards? 4 Stocks that Stand to Gain
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 1:16PM CDT
With the interest rates still on an upward trajectory, investors can consider these finance stocks that are set to benefit directly from the same.
KCG: 14.14 (+0.12), NGHC: 21.21 (-0.02), FBP: 4.48 (+0.04)
Barclays Ratings Affirmed by Moody's with Stable Outlook
Zacks Equity Research - Zacks Investment Research - Wed May 11, 8:42AM CDT
Moody's Investors Service, the rating services arm of Moody's (MCO), affirmed the ratings of Barclays (BCS), Barclays Bank PLC and all affiliated companies.
BCS: 10.48 (+0.03), GGAL: 29.59 (+0.35), MCO: 100.19 (-0.81)
Bear of the Day: HSBC (HSBC)
David Bartosiak - ZACKS - Wed Feb 24, 8:01AM CST
Bear of the Day: HSBC (HSBC)
BMA: 68.92 (+2.04), HSBC: 32.53 (+0.03)
Barclays to Pay $50M to Settle FX Trade Rigging Suit
Zacks Equity Research - Zacks Investment Research - Fri Feb 19, 2:30PM CST
Barclays (BCS) will now have to shell out $50 million to resolve a lawsuit filed by Axiom Investment Advisors LLC.
BCS: 10.48 (+0.03), CS: 13.47 (+0.10), DB: 17.27 (+0.13)
Barclays to Decide Upon Africa Unit Fate, May Consider Sale
Zacks Equity Research - Zacks Investment Research - Thu Feb 18, 2:15PM CST
As per a Bloomberg report, Barclays (BCS) is expected to discuss the future of its African operations, which no longer fit with the bank's strategy, at its meetings in London.
BCS: 10.48 (+0.03), C: 45.54 (-0.20)
HSBC to Restructure Turkish Unit after Failed Sale Attempts
Zacks Equity Research - Zacks Investment Research - Thu Feb 18, 2:10PM CST
HSBC (HSBC) is now planning to restructure its Turkish operations after efforts by the Europe's largest lender to divest the unprofitable unit hit a roadblock, according to a Bloomberg report.
BBD: 7.00 (+0.20), HSBC: 32.53 (+0.03), ING: 12.45 (+0.13)
Mitsubishi UFJ (MTU) Sets up Wing for Fintech Research
Zacks Equity Research - Zacks Investment Research - Wed Jan 06, 3:15PM CST
Mitsubishi UFJ Financial Group, Inc. (MTU) has established a unit for research and development of new financial technologies
BCS: 10.48 (+0.03), MTU: 4.94 (+0.05), GGAL: 29.59 (+0.35)
Itau Unibanco to Buy 82% BTG Stake in Debt Collection Firm
Zacks Equity Research - Zacks Investment Research - Mon Jan 04, 9:50AM CST
Itau Unibanco Holding S.A. (ITUB), has inked a deal to acquire the struggling investment bank, Banco BTG Pactual S.A.'s entire stake in debt collection company - Recovery do Brasil Consultoria S.A.
BCS: 10.48 (+0.03), GGAL: 29.59 (+0.35), ITUB: 8.69 (+0.25)
Barclays Collaborates with Ares, Sells $744M of UK Loans
Zacks Equity Research - Zacks Investment Research - Tue Dec 22, 9:50AM CST
Britain's second largest bank Barclays (BCS) sold a ??500 million ($744 million) portfolio of UK leveraged mid-market loans.
BCS: 10.48 (+0.03), ARES: 14.18 (-0.08), RBS: 6.68 (-0.05)
Credit Suisse to Set Up a Branch in Ireland & Move Staff
Zacks Equity Research - Zacks Investment Research - Mon Dec 21, 9:40AM CST
As part of its restructuring efforts to reduce costs, Credit Suisse (CS) is planning to relocate around 40 traders and 60 back-office staff from London to Dublin.
BCS: 10.48 (+0.03), PUK: 38.49 (-0.41), CS: 13.47 (+0.10)
Deutsche Bank Suisse Resolves Tax Case; to Pay $31M
Zacks Equity Research - Zacks Investment Research - Wed Nov 25, 2:25PM CST
On Tuesday, Deutsche Bank Suisse, a unit of German lender - Deutsche Bank AG (DB) entered into an agreement with the Department of Justice (DOJ) under which the bank will pay a penalty of around $31 million.
BMA: 68.92 (+2.04), DB: 17.27 (+0.13), GGAL: 29.59 (+0.35)
UBS Enters Office Market in Oakland: to Buy Clorox Building
Zacks Equity Research - Zacks Investment Research - Mon Nov 23, 2:40PM CST
Penetrating the burgeoning office market in Oakland - one of the largest cities in the San Francisco Bay Area - UBS Group AG (UBS) has inked a contract to purchase an office tower in the city
BMA: 68.92 (+2.04), GGAL: 29.59 (+0.35), UBS: 15.08 (+0.17)
RBS Fortifies Balance Sheet; to Buy Back GBP4.5B Debt
Zacks Equity Research - Zacks Investment Research - Wed Nov 18, 10:20AM CST
In a major move, The Royal Bank of Scotland Group plc (RBS) initiated offering to buy back as much as ??4.5 billion of senior debt, in an effort to trim down its funding costs
BMA: 68.92 (+2.04), GGAL: 29.59 (+0.35), RBS: 6.68 (-0.05)
Mitsubishi to Invest in EDF Renewable Energy's Wind Farm
Zacks Equity Research - Zacks Investment Research - Thu Nov 12, 10:30AM CST
Mitsubishi (MTU) is planning to invest in an under construction wind project of the French energy giant Electricite de France, S.A. (EDF) in Kansas, according to a Bloomberg report.
BMA: 68.92 (+2.04), MTU: 4.94 (+0.05), GGAL: 29.59 (+0.35)
Deutsche Bank Streamlines Units; Announces Managerial Changes
Zacks Equity Research - Zacks Investment Research - Tue Oct 20, 10:20AM CDT
Frankfurt-based German lender - Deutsche Bank AG's (DB) Supervisory Board unveiled its plan of restructuring business segments along with reshuffling of executive committees and senior management changes.
BMA: 68.92 (+2.04), DB: 17.27 (+0.13), GGAL: 29.59 (+0.35)
Zacks Industry Outlook Highlights: Banco Macro, Erste Group Bank, Deutsche Bank, Mitsubishi UFJ Financial Group and Mizuho Financial Group
Zacks Equity Research - Zacks Investment Research - Wed Oct 14, 8:30AM CDT
Zacks Industry Outlook Highlights: Banco Macro, Erste Group Bank, Deutsche Bank, Mitsubishi UFJ Financial Group and Mizuho Financial Group
BMA: 68.92 (+2.04), MFG: 3.13 (+0.05), MTU: 4.94 (+0.05), DB: 17.27 (+0.13)
Foreign Banks Stock Outlook - Oct. 2015
Kalyan Nandy - Zacks Investment Research - Tue Oct 13, 12:52PM CDT
Foreign Banks Stock Outlook - Oct. 2015
BMA: 68.92 (+2.04), MFG: 3.13 (+0.05), MTU: 4.94 (+0.05), BBD: 7.00 (+0.20), WBK: 22.71 (+0.27), CS: 13.47 (+0.10), HDB: 66.30 (+0.74), RY: 62.64 (+0.74), DB: 17.27 (+0.13)
Itau Unibanco Seeks to Offload R$3B Non-Performing Loans
Zacks Equity Research - Zacks Investment Research - Mon Oct 05, 3:15PM CDT
Itau Unibanco Holding S.A. (ITUB) rose 5.2% on Friday on the NYSE as the company, one of the largest banks by assets in Brazil, is exploring to sell non-performing loans with a face value of about R$ 3 billion ($760 million)
MTU: 4.94 (+0.05), DB: 17.27 (+0.13), ITUB: 8.69 (+0.25)
Credit Suisse Settles with SEC over Deficient Data Submission
Zacks Equity Research - Zacks Investment Research - Tue Sep 29, 10:10AM CDT
Credit Suisse Securities (USA) LLC - a subsidiary of Credit Suisse Group AG (CS) ??? is set to pay $4.25 million to the Securities and Exchange Commission (SEC) for providing deficient information to the regulator regarding its customer trades
MTU: 4.94 (+0.05), CS: 13.47 (+0.10), DB: 17.27 (+0.13)
