2nd UPDATE: UK Banks Pass Europe-Wide Stress Test
23rd Jul 2010 18:56
(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 moreEurope's Largest Banks Get Stamp Of Approval Under EU Tests
23rd Jul 2010 18:38
By Margot Patrick Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Europe's largest banks easily passed the European Union's keenly awaited stress tests Friday, though seven smaller, unlisted banks failed to meet at least some of the measures in an exercise EU authorities said assessed the sector'
Read moreUPDATE: UK Banks Pass Europe-Wide Stress Test
23rd Jul 2010 18:14
(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 moreEuropean Bank ADRs Little Changed After Stress Tests
23rd Jul 2010 18:09
By 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 moreAT A GLANCE: Summary Of UK Bank Stress Test Results
23rd Jul 2010 17:53
LONDON (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
Read moreUK FSA: UK Banks Pass Europe-Wide Stress Test
23rd Jul 2010 17:48
By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--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 Bank of Scotland Group P
Read moreAT A GLANCE: Summary Of EU Bank Stress Test Results
23rd Jul 2010 17:36
LONDON (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
Read moreSeven banks fail European stress test
23rd Jul 2010 17:14
EU lenders have been given a largely clean bill of health when European banking regulators released the results of their so-called stress test on Friday. According to the eagerly anticipated results, 84 out of the tested 91 European banks would be able to cope with future economic blow-ups. German
Read moreUPDATE: Converteam To Mull Ownership Options Next Year-CEO
23rd Jul 2010 16:37
(Adds detail.) By Adam Mitchell Of DOW JONES NEWSWIRES PARIS (Dow Jones)--The chief executive of closely-held French power conversion engineering company Converteam will look again at the company's ownership structure next year, with a view to it changing as early as 2012, he told Dow
Read moreBANKRUPTCY WEEK AHEAD: AbitibiBowater Seeks To Poll Creditors On Plan
23rd Jul 2010 16:36
By Marie Beaudette Of DOW JONES DAILY BANKRUPTCY REVIEW AbitibiBowater Inc. (ABWTQ) will ask the Wilmington, Del., bankruptcy court next Friday for permission to send its bankruptcy-exit plan to creditors for a vote. AbitibiBowater's restructuring plan would pay lenders in full in cash a
Read moreINTERVIEW: Converteam To Mull Ownership Options Next Year-CEO
23rd Jul 2010 15:54
By Adam Mitchell Of DOW JONES NEWSWIRES PARIS (Dow Jones)--The chief executive of closely-held French power conversion engineering company Converteam will look again at the company's ownership structure next year, with a view to it changing as early as 2012, he told Dow Jones Newswires Frid
Read moreDSGI Prices GBP150 Million 8.75% 5-Year Bond At 99.007
23rd Jul 2010 10:59
LONDON (Dow Jones)--Electrical and computing retailer DSG International PLC (DSGI.LN) has priced its GBP150 million, five-year bond, a bank running the sale said Thursday. Barclays Capital, BNP Paribas SA, Citigroup Inc., HSBC Holdings and the Royal Bank of Scotland PLC were leading the deal, wh
Read moreMARKET TALK: Ten Out Of 91 Banks To Fail Stress Tests - Survey
23rd Jul 2010 09:10
0810 GMT [Dow Jones] Ten out of 91 institutions will not pass the European bank stress tests, according to a survey conducted by Goldman Sachs, which closed 24 hours before the 1600 GMT release of the results. Banks in Spain, Germany and Greece are expected to raise the most fresh capital. Meanwhile
Read moreBoskalis Completes USD 450M Inaugural US Private Placement
23rd Jul 2010 07:48
AMSTERDAM (Dow Jones)--Dutch Company Royal Boskalis (BOKA.AE) said Friday that it successfully closed an inaugural USD450 million US private placement notes program with 26 institutional investors in the United States and United Kingdom. MAIN FACTS: -The significantly oversubscribed progra
Read moreADR REPORT: Shares Close Higher On Strong Corporate Earnings
22nd Jul 2010 21:57
By Emily Glazer Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York closed higher Thursday, rebounding sharply as investors welcomed another strong set of corporate earnings, as well as euro-zone economic activity. The Bank of New York index of ADRs c
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