MEDIA-Deutsche Bank said to join talks with Argentina's holdout creditors - Bloomberg
-- Source link: (http://bloom.bg/X2PzPk) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read more-- Source link: (http://bloom.bg/X2PzPk) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read more(Adds background on settlements, comment from SunTrust spokesman, byline) By Jonathan Stempel Aug 6 (Reuters) - SunTrust Banks Inc said on Wednesday it is cooperating with the office of U.S. Attorney Preet Bharara in New York on a broader industry investigation into expenses charged b
Read more* Identifies problems in computer surveillance system * Expects fine, extension of 2-year monitoring period * CEO says fine likely to be less than $340 million * H1 pretax profit down 20 pct, in line with guidance * Bank takes $175 mln hit for commodities fraud at China po
Read more(Updates Deutsche Bank) Aug 5 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email moves@thomsonreuters.com. DEUTSCHE BANK The German bank named U.S.-Swiss lawyer Nadine Faruque to lead a reform of
Read moreBy Steve Slater LONDON, Aug 5 (Reuters) - HSBC Holdings Plc will hasten the run down of its portfolio of U.S. mortgages with more sales of loans to hedge funds, potentially allowing it to bring an end to its disastrous U.S. subprime foray within three years. Europe's biggest bank, whi
Read more* Ban applies for year ahead of permanent rules * No CoCo has been written down yet in Britain * EU watchdog has also warned on risks from CoCos (Adds more detail) By Huw Jones LONDON, Aug 5 (Reuters) - Britain's banks are banned from offering risky and complex hybrid de
Read moreMoody's Investor Service showed a more downbeat stance on UK banks and cut the outlook to 'negative' from 'stable' in a report published on Tuesday. The credit rating agency explained that the downgrade in the outlook reflects the view that the improved operating environment and banks' stable finan
Read moreLONDON, Aug 5 (Reuters) - Britain's banks should not actively market hybrid debt known as contingent convertible bonds or CoCos to the mass market from October 1, the UK Financial Conduct Authority said on Tuesday. Banks are under pressure from regulators to issue CoCo bonds to bolster thei
Read moreAcal: FinnCap initiates with a target price of 322p and a buy recommendation. Afren: UBS reduces target price from 200p to 135p and stays with its buy recommendation. Aggreko: WH Ireland ups target price from 1800p to 1850p and stays with a buy recommendation. Alent: Numis increases target price
Read more* UK bank outlook changed to negative from stable * Cites new regulations to prevent taxpayer bailouts (Adds further details, comments from analyst) LONDON, Aug 5 (Reuters) - Moody's Investors Service has revised down its outlook on British banks, saying new regulations designed to
Read moreLONDON, Aug 5 (Reuters) - Moody's Investors Service has revised down its outlook on British banks, citing new regulations designed to prevent taxpayers having to stump up funds to rescue failing banks. Moody's said on Tuesday it had downgraded its view of the sector to 'negative' from 'stab
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