Stifel Financial Corp (NYSE:SF) entered into an agreement to purchase the wealth and investment unit of Barclays PLC (ADR) (NYSE:BCS) in the United States. The two institutions have not released further details regarding the purchase. The U.S. division of Barclays’ business had a total customer asset of roughly $56 billion and about 180 financial advisers […]
NYSE:BCS
Verizon Communications Inc. (NYSE:VZ) Follows Rival Footsteps To Raise Cash From Tower Sale
Boston, MA 09/24/2014 (wallstreetpr) – Verizon Communications Inc. (NYSE:VZ), which is rushing sale of its mobile network towers, has sought to take the help of TAP Advisors LLC in the matter. $6 Billion Deal The U.S. biggest mobile-phone company is seeking to sell-off its wireless network towers as early as by the end of this year. […]
Doral Financial Corp. (NYSE:DRL) Focusing On Restructuring Plans
Boston, MA 09/11/2014 (wallstreetpr) – Doral Financial Corp. (NYSE:DRL) announced the assets sale which will result in proceeds of around $423 million to Doral Bank. DRL is the financial services holding firm of Doral Bank. The assets sale is as per plan of the company under which it will enter into asset sale transaction for […]
Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) Acquires Prestige Cruises for $3 Billion
Boston, MA 09/03/2014 (wallstreetpr) – Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) has confirmed it has reached an agreement for the acquisition of Prestige Cruises as it seeks to add more flair to its luxury brands offerings. Reuter’s reports that a deal worth $3 billion has been’ agreed between Norwegian Cruise Line and Apollo Global Management […]
Bank Of America Corp (NYSE:BAC) And Others Get Enforcement Letters From Regulators In Foreign Exchange Markets Manipulation Probe
Boston, MA 08/14/2014 (wallstreetpr) – Various banks including JPMorgan Chase & Co. (NYSE:JPM), Morgan Stanley (NYSE:MS) and Bank of America Corp (NYSE:BAC) have been issued notification from the regulators in context with the alleged currency rigging. The regulators are in process of preparing enforcement actions on activities associated with currency rigging. It has been alleged that […]
In The Name Of Cost-Cutting, Barclays PLC (ADR) (NYSE:BCS) May Drown English Premier League Sponsorship
Boston, MA 05/22/2014 (wallstreetpr) – It is no longer business as usual for many businesses around the world amid rising costs of doing business. At least that is the case at Barclays PLC (ADR) (NYSE:BCS), a global provider of financial solutions. The company is battling rising costs amid dwindling business fortunes as it meets competition left, […]
Goldman Jumps Amid optimism entailing M&A
Northern, WI 02/07/2013 (wallstreetpr) – Today`s Corporate news regarding Investments in U.S. Merger & Acquisitions market will follow a good lead with the help of 3 leading banks. Goldman Sachs Group Inc. (NYSE:GS), Credit Suisse Group AG and JPMorgan Chase & Co. (NYSE: JPM) within 24 hours, climbed to Mountain peak in the mergers ranking […]
RBS in the Dock for Manipulating Libor Rate
Northern, WI 02/07/2013 (wallstreetpr) – In a shameful move, Royal bank of Scotland Group PLC (: LON:RBS) plans to retrieve back fund bonuses as bonus and awards to the company’s employees. It has been forced to take this step to raise money in order to pay the $612 million fine imposed on it for rigging […]
The Truth of UBS AG (USA) (NYSE: UBS) Libor Pact Unveiled – BCS and C
According to a source with knowledge about the matter revealed that the U.S. prosecutors are their way to file charges against several bankers associated with UBS AG (USA) (NYSE: UBS) to support Tokyo interbank rates. The charges would be alleged by the United States Department of Justice against all the individuals involved in the manipulation […]
UBS AG (USA) TO PAY 1.6 BILLION IN LIBOR CASE- C, BCS, & UBS
After charges being brought by the US Department of Justice against individuals for manipulating the London interbank rate, the U.S prosecutors are planning to charge several bankers associated with the UBS AG (NYSE:UBS) for manipulating the Tokyo interbank rate. The prosecution is going to begin with the UBS AG (NYSE:UBS)’s Japan unit to plead guilty […]
Investors group wants to buy 90% stake of plane lease- AIG, BX, BCS, & RBS
American International Group, Inc.(NYSE:AIG), the insurer declared to sell 90% stake of its plane leasing unit to New china Trust Co. The investors associated with it in the deal are new china life insurance Co, P3 investment Ltd, ICBC international and china aviation Industrial fund. The deal is finalized at about $5.5 billion, which is […]
Kweku Adoboli Says Diamond, Dimon Lost Huge Money In The Early Years Of Career
The former UBS AG (UBSN), Kweku Adoboli has been jailed for making a loss of $2.3 billion. He said that former Barclays PLC (ADR) (NYSE: BCS) CEO Bob Diamond along with JPMorgan Chase & Co. (NYSE: JPM) Chief Executive Officer Jamie Dimon became successful at making good money because they took the early risks in […]
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