Gildas Surry, senior analyst at Axiom Alternative Investments, talks about why an investor would consider buying RBS stocks. » Read More
European equities finished the last trading day of the month sharply lower, as a raft of disappointing earnings dragged stocks deep into the red.
PROVIDENCE, R.I.— Citizens Financial Group Inc. on Thursday reported first-quarter net income of $223 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share. Citizens Financial Group shares have decreased 11 percent since the beginning of the year.
The ECB's surprise stimulus came at a crucial time for European banks. But now they have to make the most of it.
Big banks have been making cuts after 2015 showed the strongest post-crisis rebound for Wall Street jobs.
MasterCard sales staff will begin using artificial intelligence (AI) systems to advise them on putting together deals with potential clients.
Investors shouldn't get starry-eyed about European lenders bearing dividends.
State-backed bank reports its eighth straight full-year loss of 1.97 billion pounds ($2.75 billion).
Former hedge fund manager Raoul Pal predicts several big European banks could be on the verge of bankruptcy.
European markets eked out gains Wednesday as investors tried to shake off oil's fluctuations and disappointing earnings.
RBS said it would take a surprise 3.58 billion hit to its fourth-quarter profits after setting aside more cash to cover litigation costs.
Barclays will cut about 230 jobs and exit cash equities in Asia, as part of a broader retrenchment, the FT reports.
As the face of China's securities regulator, Xiao Gang is taking the brunt of blame for the country's botched circuit breaker.
European equities finished lower on Wednesday as investors fretted over renewed weakness in global commodity markets.
Dec 21- A bond trader pleaded guilty on Monday to conspiring to defraud Royal Bank of Scotland Group Plc customers by misrepresenting the prices of bond transactions he and others handled for them in an effort to boost the bank's profit. Adam Siegel, 37, pleaded guilty in federal court in Hartford, Connecticut, for participating in a multimillion-dollar...
European equities closed mixed on Tuesday, despite figures on EU unemployment showing the region taking a step in the right direction.
Royal Bank of Scotland and Standard Chartered, the U.K.-based banks, scraped through the country's bank stress tests.
A class action lawsuit accuses banks of conspiring to limit competition in the $320 trillion market for interest rate swaps.
The class action lawsuit, filed in U.S. District Court in Manhattan, accuses Goldman Sachs Group, Bank of America Merrill Lynch, JPMorgan Chase, Citigroup, Credit Suisse Group, Barclays Plc, BNP Paribas SA, UBS, Deutsche Bank AG, and the Royal Bank of Scotland of colluding to prevent the trading of interest rate swaps on electronic exchanges, like the ones on which...
NEW YORK, Nov 25- A class action lawsuit, filed Wednesday, accuses 10 of Wall Street's biggest banks and two trading platforms of conspiring to limit competition in the US $320 trillion market for interest rate swaps. The class action lawsuit, filed in U.S. District Court in Manhattan, accuses Goldman Sachs, Bank of America Merrill Lynch, JPMorgan Chase, Citigroup,...
In the largest European bank listing since the 2008 financial crisis, shares in the IPO of ABN Amro have been valued at $19 each.