Financials
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The Fast Money traders have their eyes on next week's earnings parade, and the FOMC minutes. Also, the outcome of a match-up between Bank of America and Honeywell. And, the final trades of the week.
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BOSTON, Nov 28- London- based insurer Old Mutual Plc is likely to follow its Dutch competitor ING Groep NV and move to take its U.S. money management unit public, analysts said, as tighter capital rules in Europe loom for the industry. Old Mutual has said it is studying an IPO for the unit, which counts institutional investors as its main customers.
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BRUSSELS/ MADRID, Nov 28- Three nationalised Spanish banks will more than halve their balance sheets in five years, cut jobs and impose losses on their creditor bondholders in return for a euro zone rescue, while a fourth will be sold off, the European Commission said.
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*RBC, BMO, National Bank seen with strongest quarters. TORONTO, Nov 25- Slowing housing activity and uncertain financial markets will not stop Canada's banks from reporting solid increases in quarterly profit starting this week, although recent gains in their shares mean it might take blockbuster results to push the stocks much higher.
Banks
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Strong mortgage originations have propped up bank earnings over the past several quarters, but the trend may have weakened in the first quarter, according to FBR Capital. TheStreet.com reports.
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Bob Pisani tells you which companies to watch as quarterly earnings reports start to pour in. (0:55)
