Royal Bank Scotland Group Plc (RBS) 5.43 $RBS
How Does Brexit Affect Britain's Economic Future?
Afrasiab Mian - Zacks Investment Research - Fri Jun 24, 2:46PM CDT
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 - Fri Jun 24, 2:31PM CDT
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)
After Yesterday's Rally of 2.46% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed Jun 22, 2:00PM CDT
Royal Bank of Scotland (NYSE:RBS) traded in a range yesterday that spanned from a low of $7.24 to a high of $7.35. Yesterday, the shares gained 2.5%, which took the trading range above the 3-day high of $7.20 on volume of 3.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
RBS: 5.43 (-2.06)
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)
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)
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: 33.86 (-3.47), HSBC: 30.68 (-3.05), RBS: 5.43 (-2.06), UBS: 13.95 (-2.15), WTBA: 17.93 (-1.15)
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: 5.43 (-2.06)
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: 59.39 (-3.04), RBS: 5.43 (-2.06), UBS: 13.95 (-2.15), CM: 77.07 (-4.33)
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: 62.65 (-2.68), RBS: 5.43 (-2.06), ITUB: 8.53 (-0.45)
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: 59.39 (-3.04), DB: 14.72 (-3.12), RBS: 5.43 (-2.06), UBS: 13.95 (-2.15)
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: 8.89 (-2.29), JPM: 59.60 (-4.45), CS: 11.51 (-2.21), C: 40.30 (-4.16), DB: 14.72 (-3.12), BAC: 13.00 (-1.04), RBS: 5.43 (-2.06)
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: 39.44 (-4.73), BAC: 13.00 (-1.04), RBS: 5.43 (-2.06), UBS: 13.95 (-2.15)
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: 8.89 (-2.29), MTU: 4.67 (-0.24), DB: 14.72 (-3.12), RBS: 5.43 (-2.06)
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: 8.89 (-2.29), COF: 61.88 (-3.72), JPM: 59.60 (-4.45), CS: 11.51 (-2.21), C: 40.30 (-4.16), DB: 14.72 (-3.12), BAC: 13.00 (-1.04), RBS: 5.43 (-2.06)
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: 8.89 (-2.29), C: 40.30 (-4.16), CS: 11.51 (-2.21), HSBC: 30.68 (-3.05), DB: 14.72 (-3.12), WFC: 45.71 (-2.20), BAC: 13.00 (-1.04), UBS: 13.95 (-2.15), RBS: 5.43 (-2.06), MS: 24.52 (-2.77), GS: 141.86 (-10.80), JPM: 59.60 (-4.45), NMR: 3.76 (-0.36)
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: 5.43 (-2.06)
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: 4.67 (-0.24), DB: 14.72 (-3.12), RBS: 5.43 (-2.06), UBS: 13.95 (-2.15)
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: 4.67 (-0.24), DB: 14.72 (-3.12), RBS: 5.43 (-2.06), UBS: 13.95 (-2.15)
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: 4.67 (-0.24), DB: 14.72 (-3.12), RBS: 5.43 (-2.06), UBS: 13.95 (-2.15)
How Does Brexit Affect Britain's Economic Future?
Afrasiab Mian - Zacks Investment Research - Fri Jun 24, 2:46PM CDT
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 - Fri Jun 24, 2:31PM CDT
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)
After Yesterday's Rally of 2.46% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed Jun 22, 2:00PM CDT
Royal Bank of Scotland (NYSE:RBS) traded in a range yesterday that spanned from a low of $7.24 to a high of $7.35. Yesterday, the shares gained 2.5%, which took the trading range above the 3-day high of $7.20 on volume of 3.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
RBS: 5.43 (-2.06)
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)
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)
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: 33.86 (-3.47), HSBC: 30.68 (-3.05), RBS: 5.43 (-2.06), UBS: 13.95 (-2.15), WTBA: 17.93 (-1.15)
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: 5.43 (-2.06)
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: 59.39 (-3.04), RBS: 5.43 (-2.06), UBS: 13.95 (-2.15), CM: 77.07 (-4.33)
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: 62.65 (-2.68), RBS: 5.43 (-2.06), ITUB: 8.53 (-0.45)
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: 59.39 (-3.04), DB: 14.72 (-3.12), RBS: 5.43 (-2.06), UBS: 13.95 (-2.15)
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: 8.89 (-2.29), JPM: 59.60 (-4.45), CS: 11.51 (-2.21), C: 40.30 (-4.16), DB: 14.72 (-3.12), BAC: 13.00 (-1.04), RBS: 5.43 (-2.06)
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: 39.44 (-4.73), BAC: 13.00 (-1.04), RBS: 5.43 (-2.06), UBS: 13.95 (-2.15)
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: 8.89 (-2.29), MTU: 4.67 (-0.24), DB: 14.72 (-3.12), RBS: 5.43 (-2.06)
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: 8.89 (-2.29), COF: 61.88 (-3.72), JPM: 59.60 (-4.45), CS: 11.51 (-2.21), C: 40.30 (-4.16), DB: 14.72 (-3.12), BAC: 13.00 (-1.04), RBS: 5.43 (-2.06)
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: 8.89 (-2.29), C: 40.30 (-4.16), CS: 11.51 (-2.21), HSBC: 30.68 (-3.05), DB: 14.72 (-3.12), WFC: 45.71 (-2.20), BAC: 13.00 (-1.04), UBS: 13.95 (-2.15), RBS: 5.43 (-2.06), MS: 24.52 (-2.77), GS: 141.86 (-10.80), JPM: 59.60 (-4.45), NMR: 3.76 (-0.36)
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: 5.43 (-2.06)
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: 4.67 (-0.24), DB: 14.72 (-3.12), RBS: 5.43 (-2.06), UBS: 13.95 (-2.15)
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: 4.67 (-0.24), DB: 14.72 (-3.12), RBS: 5.43 (-2.06), UBS: 13.95 (-2.15)
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: 4.67 (-0.24), DB: 14.72 (-3.12), RBS: 5.43 (-2.06), UBS: 13.95 (-2.15)
