Santander Talking To M&T About Possible Deal -Vice Chairman
17th Jun 2010 11:26
SANTANDER, Spain (Dow Jones)--Banco Santander SA (STD) is talking to M&T Bank Corp. (MTB) about a potential deal with its U.S. unit Sovereign Bank, the Spanish bank's vice chairman Matias Rodriguez Inciarte said Thursday. Inciarte, who was speaking at a conference in Santander, northern Spain, d
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-
Read moreLondon open: BP shares jump
17th Jun 2010 08:29
BP is leading London's blue chips higher in early dealings on Thursday following yesterday's meeting with the US president. BP has cancelled dividends for the rest of the year and agreed to a demand from US president Obama to put $20bn in an escrow account to cover claims resulting from the oil spi
Read moreEU Clears JPMorgan Chase To Buy RBS Sempra Commodities
17th Jun 2010 08:20
BRUSSELS (Dow Jones)--The European Commission Thursday cleared JPMorgan Chase & Co. (JPM) to take over Royal Bank of Scotland Group PLC's (RBS.LN) commodities trading arm RBS Sempra Commodities. "The merger will create an integrated provider of both financial and physical trading services across
Read moreAbu Dhabi Comm Bnk Acquisition
17th Jun 2010 07:21
TIDMRBS RNS Number : 7729N Abu Dhabi Commercial Bank PJSC 17 June 2010 ABU DHABI COMMERCIAL BANK (ADCB) SIGNS AGREEMENT TO ACQUIRE ROYAL BANK OF SCOTLAND'S (RBS) RETAIL BANKING BUSINESS IN THE UAE ยท First UAE bank acquisition of international bank's UAE retail banking fra
Read moreRoyal Bank of Scotland To Offer A$50M 5.55% Uridashi Bonds
17th Jun 2010 05:21
TOKYO (Dow Jones)--Royal Bank of Scotland Group PLC. (RBS) is offering three-year Uridashi bonds worth A$50 million with a coupon of 5.55%, documents filed at Japan's Ministry of Finance showed Thursday. Uridashi are bonds issued offshore in foreign currency and sold to Japanese retail investors
Read moreADCB Buys RBS Retail Banking Ops In UAE
17th Jun 2010 04:48
(This item was originally published Wednesday.) By Tommy Stubbington and Mirna Sleiman Of DOW JONES NEWSWIRES DUBAI (Zawya Dow Jones)--Abu Dhabi Commercial Bank (ADCB.AD) which is majority-owned by the government of Abu Dhabi, agreed Wednesday to acquire the retail operations of U.K. l
Read moreUPDATE: ADCB Buys RBS Retail Banking Ops In UAE
16th Jun 2010 17:40
(Adds RBS comment, background) By Tommy Stubbington and Mirna Sleiman Of DOW JONES NEWSWIRES DUBAI (Zawya Dow Jones)--Abu Dhabi Commercial Bank (ADCB.AD) which is majority-owned by the government of Abu Dhabi, agreed Wednesday to acquire the retail operations of U.K. lender Royal Bank
Read moreUPDATE: TPG Back In Run For RBS' Merchant Svcs Unit - Source
16th Jun 2010 17:38
(Adds detail and background.) By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--TPG Inc. is back in the running for Royal Bank of Scotland Group PLC's (RBS) Global Merchant Services payments-processing unit after it agreed to tie up with buyout firm Clayton, Dubilier & Rice
Read moreDEALWATCH: Prudential Factor Adds To The M&A Go-Slow
16th Jun 2010 17:22
By Jessica Hodgson Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The collapse of U.K. insurer Prudential PLC's (PRU.LN) $35.5 billion bid to buy American International Group Inc.'s (AIG) Asian operations has dramatically underscored to boards and shareholders the risks of big, transformational
Read moreTPG Back In Run For RBS' Merchant Svcs Unit - Source
16th Jun 2010 17:16
By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--TPG Inc. is back in the running for Royal Bank of Scotland Group PLC's (RBS) Global Merchant Services payments-processing unit after it agreed to tie up with buyout firm Clayton, Dubilier & Rice, a person familiar with the situa
Read moreLondon close: Footsie edges higher
16th Jun 2010 16:47
Footsie closed slightly higher on a fairly lacklustre day for the leading share index. Part-nationalised lender Royal Bank of Scotland went well on a day which saw it shed two parts of its sprawling empire. It has reached agreement for the sale of its 99.37% holding in RBS Pakistan to Faysal Bank L
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