Grupo Fin Galicia (GGAL) 29.68 $GGAL Barclays Africa

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Grupo Fin Galicia (GGAL) 29.68 $GGAL

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: 8.24 (+0.40), CG: 17.28 (+0.32), GGAL: 29.68 (+0.12), SHG: 35.69 (+0.46)

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: 5.10 (+0.45), GGAL: 29.68 (+0.12), SHG: 35.69 (+0.46)

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: 29.68 (+0.12), UBS: 13.78 (+0.22), SHG: 35.69 (+0.46)

Barclays Ratings Affirmed by Moody's with Stable Outlook
Zacks Equity Research - Zacks Investment Research - Wed May 11, 8:42AM CDT
Moody's Investors Service, the rating services arm of Moody's (MCO), affirmed the ratings of Barclays (BCS), Barclays Bank PLC and all affiliated companies.
BCS: 8.24 (+0.40), GGAL: 29.68 (+0.12), MCO: 106.01 (-0.17)

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: 75.13 (+1.00), DB: 13.44 (+0.19), GGAL: 29.68 (+0.12), SHG: 35.69 (+0.46)

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: 8.24 (+0.40), CG: 17.28 (+0.32), GGAL: 29.68 (+0.12), SHG: 35.69 (+0.46)

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: 75.13 (+1.00), DB: 13.44 (+0.19), GGAL: 29.68 (+0.12), SHG: 35.69 (+0.46)

HSBC Q1 Earnings: What's in the Cards for the Stock?
Zacks Equity Research - Zacks Investment Research - Mon May 02, 4:15PM CDT
What to expect from HSBC results this earnings season? Will the company again succumb to the revenue pressure or will its restructuring and cost-control efforts support the results?
BMA: 75.13 (+1.00), WBK: 23.59 (+0.46), HSBC: 32.75 (+0.37), GGAL: 29.68 (+0.12)

Credit Suisse Eliminates 9 Fixed-Income Jobs in Brazil
Zacks Equity Research - Zacks Investment Research - Wed Apr 06, 2:20PM CDT
Amid industry wide slump in investment banking revenue, Credit Suisse Group AG (CS) is eliminating nine executives from its fixed-income and structured-products business in Brazil
JPM: 63.97 (-0.13), BFR: 20.11 (+0.11), CS: 11.56 (+0.29), GGAL: 29.68 (+0.12)

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: 5.10 (+0.45), GGAL: 29.68 (+0.12), MS: 28.73 (-0.13), SHG: 35.69 (+0.46)

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: 13.44 (+0.19), GGAL: 29.68 (+0.12), SHG: 35.69 (+0.46), MCO: 106.01 (-0.17)

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: 13.44 (+0.19), GGAL: 29.68 (+0.12), CM: 75.95 (+0.66), SHG: 35.69 (+0.46)

Upgrade Alert for Grupo Financiero Galicia (GGAL)
Comtex SmarTrend(R) - Tue Feb 09, 7:19AM CST
Grupo Financiero Galicia (NASDAQ:GGAL) was upgraded from Underweight to Neutral at JP Morgan today. The stock closed yesterday at $27.86 on volume of 194,000 shares, below average daily volume of 310,000. Grupo Financiero Galicia share prices have moved between a 52-week high of $29.25 and a 52-week low of $15.30 and closed yesterday at 82% above that low price at $27.86 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.3%.
GGAL: 29.68 (+0.12)

Deutsche Bank Probing Subprime Auto Securitizations ?
Zacks Equity Research - Zacks Investment Research - Fri Jan 15, 9:50AM CST
German banking giant Deutsche Bank AG (DB) is conducting an internal probe related to its subprime auto loan securitizations
MFG: 3.19 (+0.21), DB: 13.44 (+0.19), GGAL: 29.68 (+0.12)

Moody's Cuts Credit Suisse's Ratings Post Plan Review
Zacks Equity Research - Zacks Investment Research - Tue Jan 12, 2:05PM CST
Moody's recently downgraded the long-term ratings of Credit Suisse Group AG (CS) and affiliates. Notably, the senior unsecured debt rating was cut to A2 from A1 and long-term deposit rating was lowered to A1 from Aa3
BMA: 75.13 (+1.00), CS: 11.56 (+0.29), GGAL: 29.68 (+0.12), MCO: 106.01 (-0.17)

UBS AG's Long-term Ratings Lifted by a Notch by Moody's
Zacks Equity Research - Zacks Investment Research - Tue Jan 12, 10:50AM CST
UBS AG - a wholly owned subsidiary of UBS Group AG (UBS) - has received one notch upgrade in its long-term ratings by the Moody's Investors Service
BMA: 75.13 (+1.00), GGAL: 29.68 (+0.12), UBS: 13.78 (+0.22), MCO: 106.01 (-0.17)

Bear of the Day: Banco de Chile (BCH)
David Bartosiak - Zacks Investment Research - Tue Jan 12, 8:01AM CST
Bear of the Day: Banco de Chile (BCH)
BMA: 75.13 (+1.00), BCH: 66.46 (+0.46), GGAL: 29.68 (+0.12)

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