U.S. Banking, Technology Stocks Lead Declines U.S. stocks retreated, erasing an early advance, as declines in banking and technology shares overshadowed gains in health-care companies after analysts advised investing in that industry. Read more on Bloomberg
Archive for the ‘Banking’ Category
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Morgan Keegan Investment Banking Adds Greg Ladeveze to Energy Group
Posted by admin on May 12th, 2011
Morgan Keegan Investment Banking Adds Greg Ladeveze to Energy Group Morgan Keegan & Company, Inc. announced that Gregory Ladeveze has joined the firm’s Energy Investment Banking group as a vice president in its Houston office. Prior to joining Morgan Keegan, Ladeveze was an investment banker with Bank of America Merrill Lynch. Read more on Business [...]
HSBC says to limit retail banking to save up to $3.5 billion
Posted by admin on May 12th, 2011
HSBC says to limit retail banking to save up to $3.5 billion HSBC Holdings Plc (0005.HK), Europe’s biggest bank, is looking to slash up to $3.5 billion in costs by cutting the scale of its wealth management and retail banking businesses, it said on Wednesday. Read more on Reuters via Yahoo! News
CBRC stresses shadow banking risks
Posted by admin on May 12th, 2011
CBRC stresses shadow banking risks China’s banking regulator said Monday that it would step up supervision over loans granted by different institutions and strengthen prevention against risks in the shadow banking system since credit risks are “still severe.” Read more on People’s Daily
Lloyds Banking Group – Form 8.3 – The Rank Group Plc
Posted by admin on May 12th, 2011
Lloyds Banking Group – Form 8.3 – The Rank Group Plc Lloyds Banking Group – Form 8.3 – The Rank Group Plc Read more on AFX CNF Finance Regulatory News via Yahoo! UK & Ireland Finance
HSBC to scale back retail banking, targets $3.5bn cost cuts
Posted by admin on May 12th, 2011
HSBC to scale back retail banking, targets $3.5bn cost cuts HSBC has outlined plans to scale back its retail banking business as it looks to build up corporate and wholesale banking. Read more on AFP Telegraph Finance News via Yahoo! UK & Ireland Finance
