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0711 GMT [Dow Jones] UK banks all passed the EU-wide stress tests Friday. However, "the static balance sheet limitations along with the absence of important factors such as regulatory changes make the results less meaningful, especially for UK banks that will see significant restructuring," says JPM
Read moreLONDON (Dow Jones)--Lloyds Banking Group PLC (LLOY.LN) is in talks to sell GBP140 million of retail assets, the Mail on Sunday reports, without citing sources. It adds that Legal & General Property may buy the assets, but says other parties have also held talks over the assets sale. The 'LXB
Read more(This item was originally published Thursday.) By Oliver Klaus, Summer Said and Tahani Karrar-Lewsley Of ZAWYA DOW JONES DUBAI (Zawya Dow Jones)--A long awaited meeting between Dubai World and its creditors ended Thursday with little hope of an immediate agreement to restructure $23.5
Read more(This item was originally published Thursday.) By Oliver Klaus, Summer Said and Tahani Karrar-Lewsley Of ZAWYA DOW JONES DUBAI (Zawya Dow Jones)--A long awaited meeting between Dubai World and its creditors ended Thursday with little hope of an immediate agreement to restructure $23.5
Read moreEuropean authorities Friday released results showing EU banks largely passed a round of government stress tests, with just a few institutions found to need modest amounts of new capital. Out of 91 banks, just seven failed the tests: Germany's Hypo Real Estate Holding, ATEbank (ATE.AT) in Greece
Read more(Updates throughout with additional details and comments.) By Shara Tibken and Marshall Eckblad Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--U.S.-listed shares of European banks rallied on Friday, led by Irish and Spanish lenders, after regionwide stress tests showed most banks could wit
Read moreEuropean authorities Friday released results showing EU banks largely passed a round of government stress tests, with just a few institutions found to need modest amounts of new capital. Out of 91 banks, just seven failed the tests: Germany's Hypo Real Estate Holding, ATEbank (ATE.AT) in Greece
Read moreThe following is a press release from Fitch Ratings: Fitch Ratings-New York/Chicago-23 July 2010: Fitch Ratings expects to assign a 'BBB-' rating with a Stable Outlook to approximately $404 million in proposed tax-exempt private activity bonds (PABs) to be issued by the Regional Transportation
Read moreThe CA provides two key alternative means of financing for the remaining costs of Phase 1 should the anticipated FFGA amount not materialize. If the FFGA is not provided, the RTD can either increase the Phase 1 construction payment amounts to cover the unfunded construction costs of Phase 1 within 1
Read more(Adds details and analyst comments.) By Shara Tibken Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Shares of European banks trading in the U.S. moved slightly higher Friday afternoon as investors digested results of European stress tests, which, as expected, showed the large majority of b
Read moreEuropean authorities Friday released results showing EU banks largely passed a round of government stress tests, with just a few institutions found to need modest amounts of new capital. Out of 91 banks, just seven failed the tests: Germany's Hypo Real Estate Holding, ATEbank (ATE.AT) in Greece
Read more(Adds detail.) By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s four banks that underwent a Europe-wide stress test on their balance sheets have passed, the country's financial regulator said late Friday. Barclays PLC (BCS), HSBC Holdings PLC (HBC), Royal
Read more(Adds details.) By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s four banks that underwent a Europe-wide stress test on their balance sheets have passed, the country's financial regulator said late Friday. Barclays PLC (BCS), HSBC Holdings PLC (HBC), Royal
Read moreBy Shara Tibken Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Shares of European banks trading in the U.S. were little changed following results of the European stress test, which showed the large majority of the companies passed the examinations. The stress test results, intended to rest
Read moreLONDON (Dow Jones)--European authorities Friday released the results of stress tests on the 91 major banks in the region. The test, carried out by the European Union's Committee of European Banking Supervisors, examined the balance sheets of the banks, their compliance with capital rules and how
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