How Does Brexit Affect Britain's Economic Future?
Afrasiab Mian - Zacks Investment Research - 1 hr 19 mins ago
In news that shocked the market, the U.K. voted to leave the EU by a slim margin of 2%. The result of the historic vote has mixed reactions globally, as well as many deeper ramifications that must be considered.
BCS: 8.89 (-2.29), GS: 141.86 (-10.80), JPM: 59.60 (-4.45), C: 40.30 (-4.16), HSBC: 30.68 (-3.05), RBS: 5.43 (-2.06), LYG: 3.33 (-1.01)
Brexit Repercussions Hit UK-Exposed Banks, Tank Share Prices
Adam Clark - Zacks Investment Research - 1 hr 34 mins ago
After yesterday's decision from Britain to leave the European Union, global markets and investors are facing a great uncertainty, and so too is the banking Sector. Here are a few of the banking stocks taking a hit today.
BCS: 8.89 (-2.29), JPM: 59.60 (-4.45), DB: 14.72 (-3.12), RBS: 5.43 (-2.06)
Brexit Wins, But at what Cost to British Firms?
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 11:13AM CDT
Britain's decision to leave the EU has dropped a bombshell on two of its major sectors, finance and technology.
BCS: 8.89 (-2.29), JPM: 59.60 (-4.45), BT: 26.86 (-5.98), HSBC: 30.68 (-3.05), MS: 24.52 (-2.77)
RBS Plans 900 Layoffs as Cost Cutting Initiatives Continue
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 6:45AM CDT
The Royal Bank of Scotland Group plc (RBS) is likely to cut another 900 jobs as it continues with its aggressive cost cutting moves.
BCS: 8.89 (-2.29), HSBC: 30.68 (-3.05), RBS: 5.43 (-2.06), LYG: 3.33 (-1.01)
Barclays Set to Possibly Pullback After Yesterday's Rally of 2.96%
Comtex SmarTrend(R) - Tue Jun 21, 2:36PM CDT
Barclays (NYSE:BCS) traded in a range yesterday that spanned from a low of $10.43 to a high of $10.64. Yesterday, the shares gained 3.0%, which took the trading range above the 3-day high of $10.43 on volume of 4.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BCS: 8.89 (-2.29)
To Bet Against Brexit, Buy These 3 British Banking Stocks
Maher Syed - Zacks Investment Research - Tue Jun 21, 2:10PM CDT
You could wager on the vote itself, but this is a more prudent way to bet against Brexit.
BCS: 8.89 (-2.29), RBS: 5.43 (-2.06), LYG: 3.33 (-1.01)
Brexit: Britain's Newest Rollercoaster Ride
Afrasiab Mian - Zacks Investment Research - Mon Jun 20, 2:47PM CDT
Monday opened with a more bullish market due to polls from Britain showing an increase in support for remaining in the EU rather than exiting under Brexit.
BCS: 8.89 (-2.29), RBS: 5.43 (-2.06), LYG: 3.33 (-1.01)
Barclays Calls Amanda Staveley's $1B Lawsuit Misconceived
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 9:38AM CDT
Barclays (BCS) termed a $1.0 billion lawsuit filed by Amanda Staveley over the former's emergency capital-raising from Gulf investors during 2008 as "fundamentally misconceived".
BCS: 8.89 (-2.29), BMO: 62.65 (-2.68), TD: 42.50 (-1.90), ITUB: 8.53 (-0.45)
HSBC to Pay $35M to Resolve the Yen LIBOR Rigging Lawsuit
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 7:10AM CDT
HSBC agreed to settle benchmark manipulation case. However, with several other cases still pending, the company's legal hassles will continue for quite some time.
BCS: 8.89 (-2.29), JPM: 59.60 (-4.45), C: 40.30 (-4.16), HSBC: 30.68 (-3.05)
After Yesterday's Rally of 4.71% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Fri Jun 17, 2:29PM CDT
Barclays (NYSE:BCS) traded in a range yesterday that spanned from a low of $9.41 to a high of $9.55. Yesterday, the shares gained 4.7%, which took the trading range above the 3-day high of $9.29 on volume of 4.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BCS: 8.89 (-2.29)
HSBC Ends Household International Case; To Incur Charge
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 7:18AM CDT
HSBC settled Household International class action lawsuit for $1.575 billion. Owing to this, the company will incur a pre-tax charge in the second quarter of 2016.
BCS: 8.89 (-2.29), HSBC: 30.68 (-3.05), CM: 77.07 (-4.33), ITUB: 8.53 (-0.45)
Barclays and OFI Global Asset Management to Redeem the Barclays OFI SteelPath Midstream MLP ETN (Ticker: OSMS)
BusinessWire - Thu Jun 16, 4:43PM CDT
Barclays Bank PLC ("Barclays"
BCS: 8.89 (-2.29), OSMS: 17.89 (+0.04)
JPMorgan to Slash Certain Houston Jobs & Relocate Others
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 8:21AM CDT
Per a Houston Business Journal report, JPMorgan (JPM) is planning to transfer certain Houston jobs in order to streamline its operations related to auto loans.
BCS: 8.89 (-2.29), JPM: 59.60 (-4.45), HSBC: 30.68 (-3.05), BAC: 13.00 (-1.04)
Watch List for Foreign Money Center Banks Equities -- Banco Santander, Barclays, Lloyds Banking Group, and Credit Suisse Group
PR Newswire - Wed Jun 15, 7:00AM CDT
On Tuesday, June 14, 2016, the NASDAQ Composite ended the trading session at 4,843.55, down 0.10%; the Dow Jones Industrial Average edged 0.33% lower to finish at 17,674.82; and the S&P 500 closed at 2,075.32, down 0.18%. Stock-Callers.com has initiated coverage on the following equities: Banco Santander S.A. (NYSE: SAN), Barclays PLC (NYSE: BCS), Lloyds Banking Group PLC (NYSE: LYG), and Credit Suisse Group A.G. (NYSE: CS). Learn more about these stocks by accessing their free trade alerts at:
BCS: 8.89 (-2.29), SAN: 3.83 (-0.97), CS: 11.51 (-2.21), LYG: 3.33 (-1.01)
Foreign Banks Stock Outlook - June 2016
Kalyan Nandy - Zacks Investment Research - Thu Jun 09, 4:30PM CDT
Foreign Banks Stock Outlook - June 2016
BCS: 8.89 (-2.29), TD: 42.50 (-1.90), BFR: 19.62 (-1.54), CS: 11.51 (-2.21), RY: 59.39 (-3.04), DB: 14.72 (-3.12), HSBC: 30.68 (-3.05), UBS: 13.95 (-2.15), CM: 77.07 (-4.33), SHG: 31.41 (-2.46)
Barclays Encore! Program Helps Professionals Re-Enter the Finance Industry
BusinessWire - Wed Jun 08, 10:30AM CDT
Barclays is piloting a new program in New York called Encore! to help professionals who have taken a career break re-enter the finance industry.
BCS: 8.89 (-2.29)
Barclays Set to Possibly Rebound After Yesterday's Selloff of 2.42%
Comtex SmarTrend(R) - Tue May 31, 4:16PM CDT
Barclays (NYSE:BCS) traded in a range yesterday that spanned from a low of $10.61 to a high of $10.90. Yesterday, the shares fell 2.4%, which took the trading range below the 3-day low of $10.75 on volume of 3.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
BCS: 8.89 (-2.29)
Feds: Ex-Barclays PLC director gave stock tips to plumber
AP - Tue May 31, 3:31PM CDT
NEW YORK (AP) — A former Barclays PLC director has been arrested on charges he illegally fed stock tips to a New York plumber in exchange for cash and home renovations.
BCS: 8.89 (-2.29)