Shinhan Financial Group Co Ltd (SHG) 31.41 $SHG
Royal Bank of Canada Looks to Expand Organically in U.S.
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 1:49PM CDT
Following the stock-cash merger deal worth $5 billion of Toronto-based Royal Bank of Canada (RY) and U.S.-based City National Corporation in Nov 2015, Royal Bank of Canada's Chief Executive Dave McKay intends further expansion in the United States.
RY: 59.39 (-3.04), CM: 77.07 (-4.33), BBVA: 5.38 (-1.25), SHG: 31.41 (-2.46)
Banco Macro (BMA) in Focus: Stock Moves 5.9% Higher
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 7:45AM CDT
Banco Macro S.A. (BMA) was a big mover last session, as the company saw its shares rise nearly 6% on the day.
BMA: 68.90 (-4.56), SHG: 31.41 (-2.46)
Zacks Industry Outlook Highlights: BBVA Banco Francés, Deutsche Bank, UBS Group, Royal Bank of Canada and Shinhan Financial Group
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 8:30AM CDT
Zacks Industry Outlook Highlights: BBVA Banco Francés, Deutsche Bank, UBS Group, Royal Bank of Canada and Shinhan Financial Group
BFR: 19.62 (-1.54), RY: 59.39 (-3.04), DB: 14.72 (-3.12), UBS: 13.95 (-2.15), SHG: 31.41 (-2.46)
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)
Deutsche Bank's Postbank IPO on Hold, Seeks "Creative" Exit
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 8:34AM CDT
In a bid to boost capital levels, Deutsche Bank AG's (DB) efforts to deconsolidate its retail unit, Deutsche Postbank AG, seem to get further delayed
BMO: 62.65 (-2.68), DB: 14.72 (-3.12), CM: 77.07 (-4.33), SHG: 31.41 (-2.46)
Deutsche Bank (DB) Ratings Cut by Moody's; Outlook Stable
Zacks Equity Research - Zacks Investment Research - Thu May 26, 6:56AM CDT
Moody's Investors Service, a rating arm of Moody's Corporation (MCO), recently concluded the review of Deutsche Bank AG (DB) and its subsidiaries' for a possible rating downgrade.
DB: 14.72 (-3.12), CM: 77.07 (-4.33), SHG: 31.41 (-2.46), MCO: 93.66 (-8.04)
Nomura Holdings (NMR) Slashes Executive Pay by 18%
Zacks Equity Research - Zacks Investment Research - Wed May 25, 6:35AM CDT
Japanese brokerage giant Nomura Holdings, Inc. (NMR) has reportedly cut pay for its top executives by 18% as the company struggled with a plunge in profits.
NMR: 3.76 (-0.36), CM: 77.07 (-4.33), SHG: 31.41 (-2.46)
Deutsche Bank Examines Trades that May Have Cost it $60M
Zacks Equity Research - Zacks Investment Research - Fri May 20, 7:59AM CDT
Deutsche Bank AG (DB) is conducting an internal probe into certain trades commenced in 2009 that may have benefited a group of current and former employees with substantial profits, some of it at the bank's expense
DB: 14.72 (-3.12), CM: 77.07 (-4.33), SHG: 31.41 (-2.46)
Barclays Africa Attracts Bid from Abraaj for Stake Sale
Zacks Equity Research - Zacks Investment Research - Mon May 16, 9:04AM CDT
Barclays Africa unit has attracted the attention of Abraaj. The private equity firm plans to acquire a minority stake in the division.
BCS: 8.89 (-2.29), CG: 15.74 (-0.57), GGAL: 29.71 (-1.38), SHG: 31.41 (-2.46)
Mitsubishi UFJ & Hitachi Form Capital and Business Tie-up
Zacks Equity Research - Zacks Investment Research - Mon May 16, 8:56AM CDT
Japanese banking giant Mitsubishi UFJ Financial Group, Inc. (MTU) and Hitachi, Ltd. have entered into a business alliance to boost their operations
MTU: 4.67 (-0.24), GGAL: 29.71 (-1.38), SHG: 31.41 (-2.46)
UBS Seeks Dismissal of Claims Tied with MBS Lawsuit
Zacks Equity Research - Zacks Investment Research - Mon May 16, 8:48AM CDT
BS Group AG (UBS) has urged a U.S. judge to dismiss claims that the bank should be held liable for losses of $2 billion incurred by investors on mortgage-backed securities (MBS)
GGAL: 29.71 (-1.38), UBS: 13.95 (-2.15), SHG: 31.41 (-2.46)
Deutsche Bank (DB) Being Probed on 2011 Italian Bond Sale
Zacks Equity Research - Zacks Investment Research - Tue May 10, 9:02AM CDT
Deutsche Bank AG (DB) is under investigation by Italian authorities related to the bank's sale of 7 billion euro ($8 billion) of Italian government bonds in 2011.
BMA: 68.90 (-4.56), DB: 14.72 (-3.12), GGAL: 29.71 (-1.38), SHG: 31.41 (-2.46)
Barclays (BCS) Sells 12% Stake in Africa Unit: Now What?
Zacks Equity Research - Zacks Investment Research - Mon May 09, 9:53AM CDT
Barclays began offloading stake in Africa unit. Will the company continue stake sale through capital markets or seek a strategic buyer for the remaining interest?
BCS: 8.89 (-2.29), CG: 15.74 (-0.57), GGAL: 29.71 (-1.38), SHG: 31.41 (-2.46)
Deutsche Bank Warned by FCA Over 'Serious' Control Issues
Zacks Equity Research - Zacks Investment Research - Tue May 03, 3:58PM CDT
Deutsche Bank AG (DB) has "serious" failings in anti money laundering controls, per findings by the UK regulator Financial Conduct Authority (FCA).
BMA: 68.90 (-4.56), DB: 14.72 (-3.12), GGAL: 29.71 (-1.38), SHG: 31.41 (-2.46)
5 Stocks with Impressive Price-to-Sales Ratio
Zacks Equity Research - Zacks Investment Research - Tue Apr 26, 2:04PM CDT
Price-to-Sales is used to identify recovery situations or to ensure that a company's growth has not become overvalued.
MN: 9.64 (-0.59), SAFM: 83.22 (+0.55), KBH: 14.82 (-0.26), PKX: 42.00 (-2.33), SHG: 31.41 (-2.46)
Mitsubishi UFJ Plans Further Expansion in U.S. and Asia
Zacks Equity Research - Zacks Investment Research - Mon Apr 04, 10:30AM CDT
Japanese banking giant Mitsubishi UFJ Financial Group, Inc.,'s (MTU) core unit is contemplating further acquisitions in the U.S. and Asia, in line with its strategy to pursue global growth opportunities
MTU: 4.67 (-0.24), GGAL: 29.71 (-1.38), MS: 24.52 (-2.77), SHG: 31.41 (-2.46)
Deutsche Bank (DB) Under Review for Downgrade by Moody's
Zacks Equity Research - Zacks Investment Research - Wed Mar 23, 3:00PM CDT
The ratings of Deutsche Bank AG (DB) along with its subsidiaries have been kept under review for a possible downgrade by Moody's Investors Service, a rating arm of Moody's Corporation (MCO).
DB: 14.72 (-3.12), GGAL: 29.71 (-1.38), SHG: 31.41 (-2.46), MCO: 93.66 (-8.04)
Deutsche Bank (DB) Trims Retail Outlets in Germany
Zacks Equity Research - Zacks Investment Research - Mon Mar 21, 3:44PM CDT
Deutsche Bank AG (DB) is cutting down its network of retail outlets in Germany from over 700 to 500, as part of its digitization and cost reduction measures.
DB: 14.72 (-3.12), GGAL: 29.71 (-1.38), CM: 77.07 (-4.33), SHG: 31.41 (-2.46)
Zacks Industry Outlook Highlights: Itaú Unibanco Holding S.A., Banco Santander-Chile, Shinhan Financial Group, Mizuho Financial Group and Nordea Bank AB
Zacks Equity Research - Zacks Investment Research - Thu Feb 04, 8:30AM CST
Zacks Industry Outlook Highlights: Itaú Unibanco Holding S.A., Banco Santander-Chile, Shinhan Financial Group, Mizuho Financial Group and Nordea Bank AB
MFG: 3.02 (-0.10), BSAC: 18.34 (-0.93), ITUB: 8.53 (-0.45), SHG: 31.41 (-2.46)
Foreign Banks Stock Outlook - Feb. 2016
Kalyan Nandy - Zacks Investment Research - Wed Feb 03, 12:25PM CST
Foreign Banks Stock Outlook - Feb. 2016
MFG: 3.02 (-0.10), CS: 11.51 (-2.21), BSAC: 18.34 (-0.93), HSBC: 30.68 (-3.05), CM: 77.07 (-4.33), CIB: 34.38 (-1.95), ITUB: 8.53 (-0.45), SHG: 31.41 (-2.46)
Royal Bank of Canada Looks to Expand Organically in U.S.
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 1:49PM CDT
Following the stock-cash merger deal worth $5 billion of Toronto-based Royal Bank of Canada (RY) and U.S.-based City National Corporation in Nov 2015, Royal Bank of Canada's Chief Executive Dave McKay intends further expansion in the United States.
RY: 59.39 (-3.04), CM: 77.07 (-4.33), BBVA: 5.38 (-1.25), SHG: 31.41 (-2.46)
Banco Macro (BMA) in Focus: Stock Moves 5.9% Higher
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 7:45AM CDT
Banco Macro S.A. (BMA) was a big mover last session, as the company saw its shares rise nearly 6% on the day.
BMA: 68.90 (-4.56), SHG: 31.41 (-2.46)
Zacks Industry Outlook Highlights: BBVA Banco Francés, Deutsche Bank, UBS Group, Royal Bank of Canada and Shinhan Financial Group
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 8:30AM CDT
Zacks Industry Outlook Highlights: BBVA Banco Francés, Deutsche Bank, UBS Group, Royal Bank of Canada and Shinhan Financial Group
BFR: 19.62 (-1.54), RY: 59.39 (-3.04), DB: 14.72 (-3.12), UBS: 13.95 (-2.15), SHG: 31.41 (-2.46)
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)
Deutsche Bank's Postbank IPO on Hold, Seeks "Creative" Exit
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 8:34AM CDT
In a bid to boost capital levels, Deutsche Bank AG's (DB) efforts to deconsolidate its retail unit, Deutsche Postbank AG, seem to get further delayed
BMO: 62.65 (-2.68), DB: 14.72 (-3.12), CM: 77.07 (-4.33), SHG: 31.41 (-2.46)
Deutsche Bank (DB) Ratings Cut by Moody's; Outlook Stable
Zacks Equity Research - Zacks Investment Research - Thu May 26, 6:56AM CDT
Moody's Investors Service, a rating arm of Moody's Corporation (MCO), recently concluded the review of Deutsche Bank AG (DB) and its subsidiaries' for a possible rating downgrade.
DB: 14.72 (-3.12), CM: 77.07 (-4.33), SHG: 31.41 (-2.46), MCO: 93.66 (-8.04)
Nomura Holdings (NMR) Slashes Executive Pay by 18%
Zacks Equity Research - Zacks Investment Research - Wed May 25, 6:35AM CDT
Japanese brokerage giant Nomura Holdings, Inc. (NMR) has reportedly cut pay for its top executives by 18% as the company struggled with a plunge in profits.
NMR: 3.76 (-0.36), CM: 77.07 (-4.33), SHG: 31.41 (-2.46)
Deutsche Bank Examines Trades that May Have Cost it $60M
Zacks Equity Research - Zacks Investment Research - Fri May 20, 7:59AM CDT
Deutsche Bank AG (DB) is conducting an internal probe into certain trades commenced in 2009 that may have benefited a group of current and former employees with substantial profits, some of it at the bank's expense
DB: 14.72 (-3.12), CM: 77.07 (-4.33), SHG: 31.41 (-2.46)
Barclays Africa Attracts Bid from Abraaj for Stake Sale
Zacks Equity Research - Zacks Investment Research - Mon May 16, 9:04AM CDT
Barclays Africa unit has attracted the attention of Abraaj. The private equity firm plans to acquire a minority stake in the division.
BCS: 8.89 (-2.29), CG: 15.74 (-0.57), GGAL: 29.71 (-1.38), SHG: 31.41 (-2.46)
Mitsubishi UFJ & Hitachi Form Capital and Business Tie-up
Zacks Equity Research - Zacks Investment Research - Mon May 16, 8:56AM CDT
Japanese banking giant Mitsubishi UFJ Financial Group, Inc. (MTU) and Hitachi, Ltd. have entered into a business alliance to boost their operations
MTU: 4.67 (-0.24), GGAL: 29.71 (-1.38), SHG: 31.41 (-2.46)
UBS Seeks Dismissal of Claims Tied with MBS Lawsuit
Zacks Equity Research - Zacks Investment Research - Mon May 16, 8:48AM CDT
BS Group AG (UBS) has urged a U.S. judge to dismiss claims that the bank should be held liable for losses of $2 billion incurred by investors on mortgage-backed securities (MBS)
GGAL: 29.71 (-1.38), UBS: 13.95 (-2.15), SHG: 31.41 (-2.46)
Deutsche Bank (DB) Being Probed on 2011 Italian Bond Sale
Zacks Equity Research - Zacks Investment Research - Tue May 10, 9:02AM CDT
Deutsche Bank AG (DB) is under investigation by Italian authorities related to the bank's sale of 7 billion euro ($8 billion) of Italian government bonds in 2011.
BMA: 68.90 (-4.56), DB: 14.72 (-3.12), GGAL: 29.71 (-1.38), SHG: 31.41 (-2.46)
Barclays (BCS) Sells 12% Stake in Africa Unit: Now What?
Zacks Equity Research - Zacks Investment Research - Mon May 09, 9:53AM CDT
Barclays began offloading stake in Africa unit. Will the company continue stake sale through capital markets or seek a strategic buyer for the remaining interest?
BCS: 8.89 (-2.29), CG: 15.74 (-0.57), GGAL: 29.71 (-1.38), SHG: 31.41 (-2.46)
Deutsche Bank Warned by FCA Over 'Serious' Control Issues
Zacks Equity Research - Zacks Investment Research - Tue May 03, 3:58PM CDT
Deutsche Bank AG (DB) has "serious" failings in anti money laundering controls, per findings by the UK regulator Financial Conduct Authority (FCA).
BMA: 68.90 (-4.56), DB: 14.72 (-3.12), GGAL: 29.71 (-1.38), SHG: 31.41 (-2.46)
5 Stocks with Impressive Price-to-Sales Ratio
Zacks Equity Research - Zacks Investment Research - Tue Apr 26, 2:04PM CDT
Price-to-Sales is used to identify recovery situations or to ensure that a company's growth has not become overvalued.
MN: 9.64 (-0.59), SAFM: 83.22 (+0.55), KBH: 14.82 (-0.26), PKX: 42.00 (-2.33), SHG: 31.41 (-2.46)
Mitsubishi UFJ Plans Further Expansion in U.S. and Asia
Zacks Equity Research - Zacks Investment Research - Mon Apr 04, 10:30AM CDT
Japanese banking giant Mitsubishi UFJ Financial Group, Inc.,'s (MTU) core unit is contemplating further acquisitions in the U.S. and Asia, in line with its strategy to pursue global growth opportunities
MTU: 4.67 (-0.24), GGAL: 29.71 (-1.38), MS: 24.52 (-2.77), SHG: 31.41 (-2.46)
Deutsche Bank (DB) Under Review for Downgrade by Moody's
Zacks Equity Research - Zacks Investment Research - Wed Mar 23, 3:00PM CDT
The ratings of Deutsche Bank AG (DB) along with its subsidiaries have been kept under review for a possible downgrade by Moody's Investors Service, a rating arm of Moody's Corporation (MCO).
DB: 14.72 (-3.12), GGAL: 29.71 (-1.38), SHG: 31.41 (-2.46), MCO: 93.66 (-8.04)
Deutsche Bank (DB) Trims Retail Outlets in Germany
Zacks Equity Research - Zacks Investment Research - Mon Mar 21, 3:44PM CDT
Deutsche Bank AG (DB) is cutting down its network of retail outlets in Germany from over 700 to 500, as part of its digitization and cost reduction measures.
DB: 14.72 (-3.12), GGAL: 29.71 (-1.38), CM: 77.07 (-4.33), SHG: 31.41 (-2.46)
Zacks Industry Outlook Highlights: Itaú Unibanco Holding S.A., Banco Santander-Chile, Shinhan Financial Group, Mizuho Financial Group and Nordea Bank AB
Zacks Equity Research - Zacks Investment Research - Thu Feb 04, 8:30AM CST
Zacks Industry Outlook Highlights: Itaú Unibanco Holding S.A., Banco Santander-Chile, Shinhan Financial Group, Mizuho Financial Group and Nordea Bank AB
MFG: 3.02 (-0.10), BSAC: 18.34 (-0.93), ITUB: 8.53 (-0.45), SHG: 31.41 (-2.46)
Foreign Banks Stock Outlook - Feb. 2016
Kalyan Nandy - Zacks Investment Research - Wed Feb 03, 12:25PM CST
Foreign Banks Stock Outlook - Feb. 2016
MFG: 3.02 (-0.10), CS: 11.51 (-2.21), BSAC: 18.34 (-0.93), HSBC: 30.68 (-3.05), CM: 77.07 (-4.33), CIB: 34.38 (-1.95), ITUB: 8.53 (-0.45), SHG: 31.41 (-2.46)
