BarCap Plans To Launch Pan-European Dark Pool Trading Platform-FT
14th Jun 2010 08:15
DOW JONES NEWSWIRES Barclays Capital, the investment banking unit of U.K.-based Barclays PLC (BCS), plans to launch a pan-European "dark pool" trading platform as it completes an 18-month drive to build an equities trading business from scratch, the Financial Times reports on its website. T
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
14th Jun 2010 07:31
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0631 GMT [Dow Jones] Morgan Stanley downgrades Lloyds Banking Group (LLOY.LN) to underweight from equalweight, and cuts its t
Read moreMARKET TALK: M Stanley Cuts Lloyds Banking To Underweight
14th Jun 2010 07:31
0631 GMT [Dow Jones] Morgan Stanley downgrades Lloyds Banking Group (LLOY.LN) to underweight from equalweight, and cuts its target price to 50p from 65p. Says Lloyds faces the biggest risk among UK banks of missing consensus beyond FY'10, given pressure on net interest margin, tepid GDP growth and i
Read moreUPDATE: Indonesia Bank Panin Owner Not Seeking To Sell Panin Stake - Sources
14th Jun 2010 04:06
(Adds UBS was hired to deal with interested investors, background) By Edhi Pranasidhi OF DOW JONES NEWSWIRES JAKARTA (Dow Jones)--PT Bank Panin's (PNBN.JK) controlling shareholder Mukmin Ali Gunawan doesn't plan to sell his stake in the mid-sized bank although he has received bids from
Read moreUK Business Secretary In Bid To Split Banks - Report
13th Jun 2010 13:29
LONDON (Dow Jones)--U.K. Business Secretary Vince Cable is keen on separating retail from investment banking despite assurances from the Treasury that the prospect of such a split hasn't been concluded yet, the Sunday Telegraph reported. "The coalition agreement is quite explicit ... The purpose
Read moreJudge Delays AbitibiBowater Investment Deal For Challenge
11th Jun 2010 17:06
By Peg Brickley Of DOW JONES DAILY BANKRUPTCY REVIEW A bankruptcy judge Friday delayed a decision on newsprint producer AbitibiBowater Inc.'s (ABWTQ) proposed $500 million investment deal with leading bondholders, giving other creditors time to muster evidence to challenge the arrangement.
Read morePRESS RELEASE: Moody's Comments On The Proposed Amendments To The Cmbs Transaction The Mall Funding Plc
11th Jun 2010 16:27
The following is a press release from Moody's Investors Service: GBP 1,435 million of CMBS affected Frankfurt, June 11, 2010 -- Moody's Investors Service has commented today on the restructuring proposal as of 10 June 2010 for the The Mall Funding plc (the "Issuer") transaction. The proposal con
Read morePRESS RELEASE: Moody's Comments On The Proposed -2-
11th Jun 2010 16:27
hedged notional could lead to the Borrower being partially unhedged during the extended term of the Loan; - Moody's will have to assess in more detail whether the restructuring and anticipated disposals could result in negative selection over time in order to accomplish the sales and Loan amount ta
Read moreUK DMO Hires Banks For Syndicated Conventional Gilt
11th Jun 2010 15:47
LONDON (Dow Jones)--The U.K. Debt Management Office said Friday that it has appointed Barclays Capital, Morgan Stanley, Nomura International PLC and RBC Capital Markets as joint bookrunners on the syndicated conventional gilt sale planned of the second half of June. The deal will have a maturity
Read moreBarclays Close To Private Banking JV With Sumitomo Mitsui - Source
11th Jun 2010 11:15
HONG KONG (Dow Jones)--Barclays Wealth, the private banking unit of Barclays PLC (BARC.LN), is "close" to agreeing on setting up a private banking joint venture with Japan's Sumitomo Mitsui Banking Corp., a person familiar with the situation said Friday. An agreement could come as soon as the ne
Read moreUPDATE: Firstsource: In Talks With Barclaycard To Take Over U.K Center
11th Jun 2010 07:15
(Adds more company, analyst comments, stock price, background) By Dhanya Ann Thoppil and Romit Guha Of DOW JONES NEWSWIRES BANGALORE (Dow Jones)--India's Firstsource Solutions Ltd. (532809.BY) Friday said it is in talks with Barclaycard to buy its customer service center at Teesside in
Read moreFirstsource: In Talks With Barclaycard To Take Over U.K Center
11th Jun 2010 04:52
BANGALORE (Dow Jones)--India's Firstsource Solutions Ltd. (532809.BY) Friday said it is in talks with Barclaycard to buy its customer service center at Teesside in the U.K. Barclaycard is part of Barclays PLC's (BARC.LN) global and retail banking division. "We are in discussions with them, b
Read moreFirstsource In Talks To Buy Barclaycard's Customer Service Center - Report
11th Jun 2010 04:30
MUMBAI (Dow Jones)--India's Firstsource Solutions Ltd. (532809.BY) is in talks with Barclaycard--part of Barclays PLC's (BARC.LN) global and retail banking division--to buy its customer service center at Teesside in the U.K., the Economic Times newspaper reported Friday. If Firstsource strikes a
Read moreDiscover Shares Rise On Unsubstantiated Takeover Chatter
10th Jun 2010 20:52
By David Benoit and Brendan Conway Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Discover Financial Services (DFS) was among the top gainers in a buoyant Standard & Poor's 500 Thursday, outpacing the broader index as speculation swirled of a possible takeover, though there appeared to be litt
Read moreKA Finanz Prices EUR1B 1.75% 2013 Bond At 99.823
10th Jun 2010 17:55
LONDON (Dow Jones)--KA Finanz AG has priced a EUR1 billion senior unsecured bond issue via lead managers Barclays PLC, Bank of America Merrill Lynch, Erste Group Bank AG and Goldman Sachs Group Inc., one of the banks on the deal said Thursday. Terms are as follows: Amount: EUR1 billio
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