Deutsche Bank (DB) Considers Sale of $1B Shipping Loans
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 5:25PM CDT
Deutsche Bank AG (DB) is seeking to sell at least $1 billion of shipping loans amid heightened regulatory scrutiny over banks' exposure in the troubled industry
RY: 60.44 (-0.22), DB: 14.04 (-0.06), RBS: 4.85 (-0.02), CM: 75.43 (-0.22)
Foreign Money Center Banks Equities Technical Review - HSBC Holdings, UBS Group, The Royal Bank of Scotland Group, and East West Bancorp
PR Newswire - Thu Jul 07, 7:05AM CDT
On Wednesday, July 06, 2016, the NASDAQ Composite ended the trading session at 4,859.16, up 0.75%; the Dow Jones Industrial Average edged 0.44% higher, to finish at 17,918.62; and the S&P 500 closed at 2,099.73, up 0.54%. The gains were broad based as eight out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: HSBC Holdings PLC (NYSE: HSBC), UBS Group A.G. (NYSE: UBS), 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 notes at:
EWBC: 34.91 (-0.24), HSBC: 31.44 (-0.10), RBS: 4.85 (-0.02), UBS: 12.81 (-0.01), WTBA: 18.82 (-0.16)
Moody's Negative Outlook on U.K. Banking System Post-Brexit
Zacks Equity Research - Zacks Investment Research - Wed Jun 29, 8:01AM CDT
Moody's has changed the outlook on the ratings of 12 U.K. banks and building societies, while outlook on the U.K. banking system was changed to negative from stable in the wake of Brexit concerns.
BCS: 7.84 (-0.11), GS: 156.40 (-0.52), HSBC: 31.44 (-0.10), RBS: 4.85 (-0.02), LYG: 2.99 (-0.03), MCO: 100.43 (+0.26)
3 European Banking Stocks Down More Than 35% in 2 Days
Zacks Equity Research - Zacks Investment Research - Tue Jun 28, 3:20PM CDT
The U.K.'s decision to exit the EU will undoubtedly make matters worse for the European economy, which is already plagued by fundamental weakness.
BCS: 7.84 (-0.11), GS: 156.40 (-0.52), JPM: 62.85 (-0.35), CS: 10.88 (-0.19), DB: 14.04 (-0.06), BAC: 13.42 (-0.12), RBS: 4.85 (-0.02), LYG: 2.99 (-0.03), MS: 27.11 (-0.26)
Post Brexit UK Government Halts RBS, Lloyds Stakes Sale
Zacks Equity Research - Zacks Investment Research - Tue Jun 28, 7:35AM CDT
Triggered by economic uncertainties and stock market mayhem post Brexit, the U.K. government has halted plans to sale stakes in Lloyds Banking Group plc (LYG) and The Royal Bank of Scotland Group plc (RBS).
BMO: 64.23 (-0.10), RBS: 4.85 (-0.02), CM: 75.43 (-0.22), LYG: 2.99 (-0.03)
Downgrade Alert for Royal Bank of Scotland (RBS)
Comtex SmarTrend(R) - Tue Jun 28, 4:10AM CDT
Royal Bank of Scotland (NYSE:RBS) was downgraded from Neutral to Underweight at JP Morgan today. The stock closed yesterday at $4.69 on volume of 22.1 million shares, above average daily volume of 1.0 million. Royal Bank of Scotland Group plc, through subsidiaries, accepts deposits and offers commercial banking services. The bank offers business term loans, commercial mortgages, professional practice loans, asset finance and invoice finance loans, residential mortgages, consumer loans, credit cards, financial planning services, and life, personal lines, and income protection insurance.
RBS: 4.85 (-0.02)
Forget Financials, Buy These Consumer Staples Stocks Instead
Zacks Premium Research - Zacks Investment Research - Mon Jun 27, 7:32PM CDT
These kinds of stocks are preferable to own in times of uncertainty.
BCS: 7.84 (-0.11), JNJ: 123.27 (+0.35), JPM: 62.85 (-0.35), WMT: 73.27 (unch), BAC: 13.42 (-0.12), MO: 69.02 (+0.15), RBS: 4.85 (-0.02), LYG: 2.99 (-0.03), MS: 27.11 (-0.26)
Brexit Effect Continues, EU Banks Slammed
Afrasiab Mian - Zacks Investment Research - Mon Jun 27, 11:23AM CDT
The downward effect of Brexit on the market continued on Monday, particularly with EU banks opening at lows not seen in years.
BCS: 7.84 (-0.11), HSBC: 31.44 (-0.10), RBS: 4.85 (-0.02), LYG: 2.99 (-0.03)
Hot Stock: Royal Bank of Scotland, Shares Drop 14.5% (RBS)
Comtex SmarTrend(R) - Mon Jun 27, 8:50AM CDT
Royal Bank of Scotland (NYSE:RBS) is one of today's worst performing low-priced stocks, down 14.5% to $4.65 on 4.8x average daily volume. Royal Bank of Scotland has traded 4.8 million shares thus far today, vs. average volume of 1.0 million shares per day. The stock has underperformed the Dow (-14.5% to the Dow's -1.2%) and underperformed the S&P 500 (-14.5% to the S&P's -1.2%) during today's trading.
RBS: 4.85 (-0.02)
Brexit Fallout: Collapse without Hysteria
Mark Vickery - Zacks Investment Research - Mon Jun 27, 8:46AM CDT
The silver lining here might just be this most orderly of fall-outs since the Brexit decision was made.
BCS: 7.84 (-0.11), CS: 10.88 (-0.19), DB: 14.04 (-0.06), RBS: 4.85 (-0.02)
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: 7.84 (-0.11), GS: 156.40 (-0.52), JPM: 62.85 (-0.35), C: 43.21 (-0.23), HSBC: 31.44 (-0.10), RBS: 4.85 (-0.02), LYG: 2.99 (-0.03)
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: 7.84 (-0.11), JPM: 62.85 (-0.35), DB: 14.04 (-0.06), RBS: 4.85 (-0.02)
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: 4.85 (-0.02)
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: 7.84 (-0.11), HSBC: 31.44 (-0.10), RBS: 4.85 (-0.02), LYG: 2.99 (-0.03)
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: 7.84 (-0.11), RBS: 4.85 (-0.02), LYG: 2.99 (-0.03)
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: 7.84 (-0.11), RBS: 4.85 (-0.02), LYG: 2.99 (-0.03)