Foreign Money Center Banks Stocks Highlight - UBS Group, HSBC Holdings, The Royal Bank of Scotland Group, and East West Bancorp
PR Newswire - Fri Jun 10, 6:40AM CDT
On Thursday, June 09, 2016, the NASDAQ Composite ended the trading session at 4,958.62, down 0.32%; the Dow Jones Industrial Average edged 0.11% lower to finish at 17,985.19; and the S&P 500 closed at 2,115.48, down 0.17%. ActiveWallSt.com has initiated coverage on the following equities: UBS Group A.G. (NYSE: UBS), HSBC Holdings PLC (NYSE: HSBC), The Royal Bank of Scotland Group PLC (NYSE: RBS), and East West Bancorp Inc. (NASDAQ: EWBC). Learn more about these stocks by accessing their free trade alerts at:
EWBC: 36.40 (-0.49), HSBC: 30.72 (-0.29), RBS: 6.15 (+0.09), UBS: 13.97 (-0.36), WTBA: 19.28 (+0.29)
Royal Bank of Scotland Group Non-cumulative Dollar Preference Shares, Series R About To Put More Money In Your Pocket
PreferredStockChannel.com - Thu Jun 09, 12:40PM CDT
On 6/13/16, Royal Bank of Scotland Group plc's Non-cumulative Dollar Preference Shares, Series R will trade ex-dividend, for its quarterly dividend of $0.3828, payable on 6/30/16. As a percentage of RBS.
RBS: 6.15 (+0.09)
Canadian Imperial (CM): Q2 Earnings and Revenues Strong
Zacks Equity Research - Zacks Investment Research - Tue May 31, 7:14AM CDT
Canadian Imperial Bank of Commerce (CM) reported second-quarter fiscal 2016 earnings (ended Apr 30) on May 26. Adjusted earnings per share came in at C$2.40, up from C$2.28 in the prior-year quarter.
RY: 61.29 (-0.28), RBS: 6.15 (+0.09), UBS: 13.97 (-0.36), CM: 79.66 (-0.87)
RBS Eliminates 450 Jobs as Restructuring Continues
Zacks Equity Research - Zacks Investment Research - Tue May 31, 6:28AM CDT
The Royal Bank of Scotland Group plc (RBS) is reportedly eliminating 450 service jobs as it scales back operations to focus on retail and commercial banking business in the U.K.
BMO: 64.44 (-0.68), RBS: 6.15 (+0.09), ITUB: 8.34 (-0.05)
Royal Bank of Canada Q2 Earnings and Revenues Up Y/Y
Zacks Equity Research - Zacks Investment Research - Fri May 27, 6:32AM CDT
Royal Bank of Canada (RY) reported second-quarter fiscal 2016 (ended Apr 30) net income of C$2.6 billion ($1.96 billion), up 3% from the prior-year quarter.
RY: 61.29 (-0.28), DB: 15.18 (-0.56), RBS: 6.15 (+0.09), UBS: 13.97 (-0.36)
Citi (C) Settles Benchmark Manipulation Case for $425M
Zacks Equity Research - Zacks Investment Research - Thu May 26, 7:34AM CDT
Adding to the woes of banking giant Citigroup Inc. (C), Commodity Futures Trading Commission (CFTC) recently leveled a $425 million charge against the bank for manipulating certain key currency-valuation benchmarks.
BCS: 9.33 (-0.23), JPM: 63.27 (-0.57), CS: 12.09 (-0.34), C: 43.16 (-0.74), DB: 15.18 (-0.56), BAC: 13.60 (-0.23), RBS: 6.15 (+0.09)
BofA's $1.27B 'Hustle' Penalty Overturned: A Huge Relief
Zacks Equity Research - Zacks Investment Research - Tue May 24, 6:54AM CDT
In a major win for BofA, penalty related to the 'Hustle' lawsuit has been overturned. What does this mean to the bank and other parties related to the case?
MET: 42.90 (-0.19), BAC: 13.60 (-0.23), RBS: 6.15 (+0.09), UBS: 13.97 (-0.36)
Mitsubishi UFJ (MTU) FY15 Earnings Fall, to Buy Back Shares
Zacks Equity Research - Zacks Investment Research - Tue May 17, 7:35AM CDT
Mitsubishi UFJ Financial Group, Inc.'s (MTU) net income for the fiscal year ended Mar 31, 2016, came in at ??951.4 billion ($8.2 billion), declining 8% year over year
BCS: 9.33 (-0.23), MTU: 4.66 (-0.18), DB: 15.18 (-0.56), RBS: 6.15 (+0.09)
Bank Stock Roundup: Litigations Dominate Headlines; JPMorgan & BofA in Focus
Zacks Equity Research - Zacks Investment Research - Fri May 06, 4:09PM CDT
Banking stocks have been under pressure over the last five trading days as litigations and probes grabbed headlines. Particularly, JPMorgan Chase & Co. (JPM) and Bank of America Corp. (BAC) led the way.
BCS: 9.33 (-0.23), COF: 69.00 (-1.04), JPM: 63.27 (-0.57), CS: 12.09 (-0.34), C: 43.16 (-0.74), DB: 15.18 (-0.56), BAC: 13.60 (-0.23), RBS: 6.15 (+0.09)
Major Banks Sued for ISDAfix Rigging, Settle Case for $324M
Zacks Equity Research - Zacks Investment Research - Wed May 04, 2:30PM CDT
Legal tussles seem unending for big banks. Recently, seven major banks settled a private U.S. lawsuit in Manhattan federal court for a penalty amount of around $324 million.
BCS: 9.33 (-0.23), C: 43.16 (-0.74), CS: 12.09 (-0.34), HSBC: 30.72 (-0.29), DB: 15.18 (-0.56), WFC: 47.97 (-0.37), BAC: 13.60 (-0.23), UBS: 13.97 (-0.36), RBS: 6.15 (+0.09), MS: 25.26 (-0.28), GS: 148.63 (-1.26), JPM: 63.27 (-0.57), NMR: 3.81 (-0.12)
Downgrade Alert for Royal Bank of Scotland (RBS)
Comtex SmarTrend(R) - Wed May 04, 3:24AM CDT
Royal Bank of Scotland (NYSE:RBS) was downgraded from Buy to Neutral at UBS today. The stock closed yesterday at $6.52 on volume of 1.5 million shares, above average daily volume of 1.0 million. In the past 52 weeks, shares of Royal Bank of Scotland have traded between a low of $5.79 and a high of $11.63 and closed yesterday at $6.52, which is 13% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 0.3%.
RBS: 6.15 (+0.09)
UBS Group (UBS) Q1 Earnings Deteriorate Y/Y; Costs Fall
Zacks Equity Research - Zacks Investment Research - Tue May 03, 7:25AM CDT
UBS Group AG (UBS) reported first-quarter 2016 net profit attributable to shareholders of CHF 707 million ($711.7 million), down 64.2% year over year.
MTU: 4.66 (-0.18), DB: 15.18 (-0.56), RBS: 6.15 (+0.09), UBS: 13.97 (-0.36)
Royal Bank of Scotland (RBS) Falls 4.65% on Q1 Loss
Zacks Equity Research - Zacks Investment Research - Mon May 02, 8:58AM CDT
The Royal Bank of Scotland Group plc (RBS) declined 4.65% on NYSE after it reported first-quarter 2016 loss attributable to shareholders of ??968 million ($1.4 billion) as compared with a loss of ??459 million in the prior-year quarter.
MTU: 4.66 (-0.18), DB: 15.18 (-0.56), RBS: 6.15 (+0.09), UBS: 13.97 (-0.36)
Deutsche Bank's (DB) Earnings and Revenues Decline in Q1
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 5:42AM CDT
Deutsche Bank AG (DB) reported net income of ???236 million ($260.3 million) in the first quarter of 2016, down 57.8% year over year. Income before income taxes came in at ???579 million ($638.6 million), down 60.9% year over year.
MTU: 4.66 (-0.18), DB: 15.18 (-0.56), RBS: 6.15 (+0.09), UBS: 13.97 (-0.36)
Royal Bank of Scotland (RBS) Q1 Earnings: What's in Store?
Zacks Equity Research - Zacks Investment Research - Wed Apr 27, 6:09PM CDT
The Royal Bank of Scotland Group plc (RBS) is scheduled to report first-quarter 2016 results on Friday, Apr 29.
MTU: 4.66 (-0.18), DB: 15.18 (-0.56), RBS: 6.15 (+0.09), UBS: 13.97 (-0.36)
Can Deutsche Bank (DB) Turn Profitable in Q1 Earnings?
Zacks Equity Research - Zacks Investment Research - Tue Apr 26, 3:20PM CDT
Will Deutsche Bank AG (DB) be able to return to profitability this earnings season? Or will it succumb to the industry challenges experienced during the quarter?
MTU: 4.66 (-0.18), DB: 15.18 (-0.56), RBS: 6.15 (+0.09), UBS: 13.97 (-0.36)
Citizens Financial Group posts 1Q profit
Automated Insights - Thu Apr 21, 6:57AM CDT
PROVIDENCE, R.I. (AP) _ Citizens Financial Group Inc. (CFG) on Thursday reported first-quarter net income of $223 million.
CFG: 22.08 (-0.38), RBS: 6.15 (+0.09)
Royal Bank of Scotland Shares Down 38.7% Since SmarTrend's Sell Call (RBS)
Comtex SmarTrend(R) - Thu Apr 14, 12:22AM CDT
SmarTrend identified a Downtrend for Royal Bank of Scotland (NYSE:RBS) on March 11th, 2015 at $10.74. In approximately 13 months, Royal Bank of Scotland has returned 38.73% as of today's recent price of $6.58.
RBS: 6.15 (+0.09)
Shares of RBS Down 44.7% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Wed Apr 06, 12:40PM CDT
SmarTrend identified a Downtrend for Royal Bank of Scotland (NYSE:RBS) on March 11th, 2015 at $10.74. In approximately 13 months, Royal Bank of Scotland has returned 44.74% as of today's recent price of $5.94.
RBS: 6.15 (+0.09)
Banks in Trouble: ISDAfix Manipulation Charges on Board
Zacks Equity Research - Zacks Investment Research - Tue Mar 29, 1:45PM CDT
The attempts of more than a dozen global banks suffered a major setback after a federal judge in Manhattan rejected their bid to discard a private lawsuit yesterday.
BCS: 9.33 (-0.23), C: 43.16 (-0.74), CS: 12.09 (-0.34), HSBC: 30.72 (-0.29), DB: 15.18 (-0.56), WFC: 47.97 (-0.37), BAC: 13.60 (-0.23), UBS: 13.97 (-0.36), RBS: 6.15 (+0.09), GS: 148.63 (-1.26), JPM: 63.27 (-0.57), NMR: 3.81 (-0.12)