UK MARKET TALK ROUNDUP: BROKERS COMMENTS
18th Jun 2010 10:28
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] 0928 GMT [Dow Jones] HSBC (HBC) may be the logical dividend income replacement for BP (BP.LN), given that the market has lost
Read moreHK Bourse: Overseas Regulatory Announcement From Hsbc Hldgs Plc
18th Jun 2010 01:43
Following is the related link: http://www.hkexnews.hk/listedco/listconews/sehk/20100618/LTN20100618015.pdf Stock Code: 5 Source: Hong Kong Exchanges & Clearing (END) Dow Jones Newswires June 17, 2010 20:43 ET (00:43 GMT)
Read moreBP, 7 Firms Discuss Advisement, Credit Backing -Fox Business' Gasparino
17th Jun 2010 17:32
DOW JONES NEWSWIRES Seven financial firms are in talks to become advisers to BP PLC (BP, BP.LN), Fox Business Network's Charles Gasparino reports Thursday. Gasparino had already reported that Goldman Sachs Group Inc. (GS), Blackstone Group LLP (BX) and Credit Suisse (CS) were in negotiations wi
Read moreRBS sells Kazakhstan unit to HSBC
17th Jun 2010 15:13
Royal Bank of Scotland has sold its retail business in Kazakhstan to HSBC for up to $52m (£35m) in cash, taking the number of disposals this week to four. The part-nationalised lender, which should complete this latest transaction on 1 September, will keep its corporate and investment banking franc
Read moreDexia Credit Local Prices EUR1.35B 2012 Government-Guaranteed FRN
17th Jun 2010 15:06
LONDON (Dow Jones)--Dexia Credit Local has priced its EUR1.35 billion, two-year, government-guaranteed floating rate note at 33 basis points over three-month Euribor, a one of the banks running the sale said Thursday. The deal is guaranteed by the governments of Belgium, France, and Luxembourg.
Read moreHSBC Buys RBS's Kazakhstan Retail Banking Assets For $52M
17th Jun 2010 14:54
LONDON (Dow Jones)-- HSBC Holdings PLC (HSBA.LN), a global banking group, said Thursday it has agreed to acquire the Kazakhstan retail banking assets of Royal Bank of Scotland Group PLC (RBS.LN) for a maximum consideration of $52 million in cash. MAIN FACTS: -Under the terms of the agreement
Read moreIPO WATCH: Europe Perks Up Despite Continued Uncertainty
17th Jun 2010 14:50
By Margot Patrick Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Europe's market for initial public offerings perked up this week as U.K. fund manager Jupiter Fund Management PLC priced a GBP254 million deal and oil and gas company Fairfield Energy PLC filed plans to raise up to $500 million to
Read moreUK Bank Investors See Bright Side Of Financial Reform
17th Jun 2010 14:26
By Margot Patrick Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Bank investors and analysts Thursday saw the brighter side of U.K. government plans to radically overhaul banks' supervision and potentially restrict their activities, with major bank shares rising and analysts saying the proposals
Read moreUPDATE: Dexia Credit Local To Price 2-Year Guaranteed FRN
17th Jun 2010 14:22
(Adds details) By Mark Brown Of Dow Jones Newswires LONDON (Dow Jones)--Dexia Credit Local has set the size on its planned two-year, government-guaranteed floating rate note issue at EUR1.35 billion, and will price the deal at 33 basis points over three-month Euribor, a syndicate official
Read moreDexia Credit Local Plans Two-Year Government Guaranteed FRN
17th Jun 2010 11:44
LONDON (Dow Jones)--Dexia Credit Local is planning to sell a two-year, senior floating rate note which will be guaranteed by the governments of Belgium, France, and Luxembourg, one of the banks running the sale said Thursday. Credit Suisse Group, Dexia, DZ Bank, HSBC Holdings PLC, and Natixis ha
Read moreBAT Makes Tender Offer For 3.625% 2012 Bonds
17th Jun 2010 11:24
LONDON (Dow Jones)--British American Tobacco PLC (BATS.LN) said Thursday it is making a tender offer for its EUR750 million, 3.625% bonds due 2012. In a regulatory notice, the company said it is making a cash offer via joint dealer-managers BNP Paribas SA, Deutsche Bank AG, HSBC Holdings PLC, JP
Read moreMARKET TALK: Banks Should Feel 'Cautious Relief' On Changes
17th Jun 2010 10:44
0944 GMT [Dow Jones] Exane analyst Ian Gordon says UK banks should feel "cautiously relieved" by the tone and content of Chancellor George Osborne's speech to City executives Wednesday night, which laid out plans to fold the supervisory powers of the FSA into the Bank of England and named John Vicke
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
17th Jun 2010 10:44
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] 0944 GMT [Dow Jones] Exane analyst Ian Gordon says UK banks should feel "cautiously relieved" by the tone and content of Chan
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
17th Jun 2010 09:48
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] 0848 GMT [Dow Jones] UK banks should benefit from the positive tone of Chancellor George Osborne's and Bank of England Govern
Read moreMARKET TALK: Buy UK Banks After Osborne, King Speeches - RBS
17th Jun 2010 09:48
0848 GMT [Dow Jones] UK banks should benefit from the positive tone of Chancellor George Osborne's and Bank of England Governor Mervyn King's Wednesday night speeches to City executives, says RBS banks analyst, who recommends buying their shares. One particular point of interest was the apparent de-
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