UK MARKET TALK ROUNDUP: SHARES GAINING
8th Jul 2010 08:58
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0758 GMT [Dow Jones] Expectations that a stress test on U.K. banks will show positive results, added to good banking earni
Read moreLondon open: Banks and miners lead advance
8th Jul 2010 08:17
London's top stocks got off to a flying start, up around 1% in early dealings, with banks and miners leading the way. Royal Bank of Scotland and Barclays have both added more than 4%, closely followed by Lloyds Banking, up just under 4%. Among the miners, Antofagasta, Xstrata and Kazakhmys are in d
Read moreCORRECT(7/7): Credit Suisse Hires New Head Of Asia Loan Syndication From Barclays
8th Jul 2010 06:59
("Credit Suisse Hires New Head Of Asia Loan Syndication From Barclays," at 1005 GMT Wednesday, misstated the company that Khattar left in the second paragraph. The correct version follows:) HONG KONG (Dow Jones)--Credit Suisse Group (CS) said Wednesday it hired Justin Crane, the former head of
Read moreOPTIONS REPORT: Bulls Charge Airlines, Financials
7th Jul 2010 20:30
By Brendan Conway Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Strong airline traffic figures and a rosy forecast from State Street Corp. appeared to send bullish options traders running for contracts on airlines and several financial companies, mirroring Wednesday's optimistic trading in st
Read moreUPDATE: Bank Watchdog Lays Out Key Features Of EU Stress Tests
7th Jul 2010 20:09
By Carolyn Henson Of DOW JONES NEWSWIRES BRUSSELS (Dow Jones)--Europe's banking supervisor late Wednesday named the 91 banks that it will test for resilience to further market and credit risks and laid out the key features included in the tests. The Committee of European Banking Supervis
Read moreEU Watchdog Names Banks, Main Criteria For Bank Stress Tests
7th Jul 2010 19:19
BRUSSELS (Dow Jones)--Europe's banking supervisor late Wednesday named the 91 banks that it will test for resilience to further market and credit risks and laid out the key features included in the tests. The Committee of European Banking Supervisors said banks being tested represent 65% of the
Read moreEU Regulators Still Finalizing Bank Stress Test Text-Sources
7th Jul 2010 17:37
BRUSSELS (Dow Jones)--European banking regulators are still finalizing the wording of a planned communication detailing the names of banks undergoing stress tests and the scope of those tests, a person familiar with the matter said Wednesday. The details are now more likely to be released Thursd
Read moreFCE Bank Prices EUR400M 2013 Bond At 99.673, To Yield 7.375%
7th Jul 2010 17:35
LONDON (Dow Jones)--FCE Bank PLC, a unit of Ford Motor Co.(F), has priced its EUR400 million, 2013 bond through joint bookrunners Credit Agricole SA, Barclays Capital, Deutsche Bank AG and Morgan Stanley, one of the banks said Wednesday. The size of the bond was increased from the initial size o
Read moreBarclays Prices EUR1.5 Billion 6% 10-Year LT2 Bond At 99.875
7th Jul 2010 17:04
LONDON (Dow Jones)--Barclays Bank PLC (BCS) priced its EUR1.5 billion, 10-year, lower-tier-two bond at 310 basis points over midswaps, a syndicate official at the bank said Wednesday. Barclays is the sole lead manager on the deal. Amount: EUR1.5 billion Maturity: Jan. 14, 2021
Read moreKfW Prices $5B 2013 Bond At 99.734, Swaps + 0.18
7th Jul 2010 17:03
LONDON (Dow Jones)--German development bank KfW, guaranteed by the Federal Republic of Germany, has priced its $5 billion, 2013-dated bond through joint-lead bookrunners Barclays PLC, Morgan Stanley and Royal Bank of Scotland Group PLC, one of the banks said Wednesday. Terms are as follows: Am
Read moreLondon close: Back above 5,000
7th Jul 2010 16:21
Britain's banks staged an impressive turnaround Wednesday that helped carry London out of the red and onto a second day of very respectable gains. High street lenders were unsettled early on as investors waited for details on the nature of European stress tests for about 100 banks. Last-minute hagg
Read moreBNG Prices EUR2 Billion 2.125% Five-Year Bond At 99.406
7th Jul 2010 14:54
LONDON (Dow Jones)--Dutch Public-Sector Agency BNG has priced its EUR2 billion, five-year bond at 18 basis points over midswaps, a bank running the sale said Wednesday. Barclays Capital, Credit Suisse Group, Deutsche Bank AG and JPMorgan Chase & Co. are lead managers on the deal, which has the f
Read moreUPDATE: FCE Bank Sets Final Guidance On EUR300M High-Yield Bond
7th Jul 2010 14:43
(Adds final price guidance) By Ainsley Thomson Of DOW JONES NEWSWIRES LONDON (Dow Jones)--FCE Bank PLC's planned EUR300 million high-yield bond will price at 7.375%, one of the banks working on the deal said Wednesday. Initial price guidance was set in the area of 7.5%. Credit Ag
Read moreLondon afternoon: Banks help retrace losses
7th Jul 2010 14:26
London's leading shares have retraced most of the earlier losses as Wall Street starts with some modest gains. Wall Street was expected to begin jittery but moved ahead with tech stocks leading the advance. Banks, which were lower earlier in the day, have now retraced those losses. Lloyds and HSB
Read moreFord Unit FCE Bank Plans EUR300M 3-Year High-Yield Bond
7th Jul 2010 14:24
LONDON (Dow Jones)--FCE Bank PLC, a unit of Ford Motor Co.(F), is planning a EUR300 million, three-year, high-yield bond, one of the banks working on the deal said Wednesday. Initial price guidance has been set in the area of 7.5%. Credit Agricole SA, Barclays Capital, Deutsche Bank AG and M
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