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	<title>Stock Blog Hub &#187; Foreign Money Center Banks</title>
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		<title>(HBC) HSBC Holdings to Close Japanese Retail Unit</title>
		<link>http://www.stockbloghub.com/2012/02/24/hbc-hsbc-holdings-to-close-japanese-retail-unit/92527</link>
		<comments>http://www.stockbloghub.com/2012/02/24/hbc-hsbc-holdings-to-close-japanese-retail-unit/92527#comments</comments>
		<pubDate>Fri, 24 Feb 2012 18:21:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Capital One Financial Corporation]]></category>
		<category><![CDATA[COF]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[First Niagara Financial Group Inc]]></category>
		<category><![CDATA[FNFG]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=92527</guid>
		<description><![CDATA[As a part of its long-term strategy to revamp its operations to stabilize capital levels and improve efficiency, HSBC Holdings Plc (HBC) has decided to close its retail banking business in Japan. Earlier in May 2011, the CEO of the company had announced plans to reduce the operating expenses by $3.5 million by the end of 2013 through restructuring and contraction of its global business. HSBC will close six retail banking branches in Japan after four years of operations. The company announced that from February 23, 2012, it would stop accepting new deposits under its HSBC Premier Service from those clients who have more than ¥10 million ($124,549) in assets. Further, HSBC will discontinue selling new investment products from March 8 as well as cease its operations in Tokyo, Osaka ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HBC) HSBC Holdings Plc &#8211; ADS &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/12/30/hbc-hsbc-holdings-plc-ads-bear-of-the-day-2/89450</link>
		<comments>http://www.stockbloghub.com/2011/12/30/hbc-hsbc-holdings-plc-ads-bear-of-the-day-2/89450#comments</comments>
		<pubDate>Fri, 30 Dec 2011 18:17:22 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89450</guid>
		<description><![CDATA[We retain our Underperform recommendation on HSBC Holdings plc &#8211; ADS (HBC) with an Underperform recommendation. Our primary concern is the harsh impact from the deepening Eurozone crisis. Moreover, the company is suffering from weak revenue growth in its mature markets due to ongoing low interest rates and regulatory restrictions. The company&#8217;s cost containment measures will help it deal with economic pressures to a great extent. But we expect high inflation in some key Asian markets, slothful loan growth, insufficient core operating performance and high wage inflation to restrict the company&#8217;s growth, at least in the near term. Our six-month target price of $36.00 per ADS equates to about 8.5x our earnings estimate for fiscal 2011. This target price implies an expected negative total return of 9.0% over that period. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HBC) HSBC Holdings Plc &#8211; ADS &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/12/22/hbc-hsbc-holdings-plc-ads-bear-of-the-day/89086</link>
		<comments>http://www.stockbloghub.com/2011/12/22/hbc-hsbc-holdings-plc-ads-bear-of-the-day/89086#comments</comments>
		<pubDate>Thu, 22 Dec 2011 18:14:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89086</guid>
		<description><![CDATA[We retain our Underperform recommendation on HSBC Holdings plc (HBC) with an Underperform recommendation. Our primary concern is the harsh impact from the deepening Eurozone crisis. Moreover, the company is suffering from weak revenue growth in its mature markets due to ongoing low interest rates and regulatory restrictions. The company&#8217;s cost containment measures will help it deal with economic pressures to a great extent. But we expect high inflation in some key Asian markets, slothful loan growth, insufficient core operating performance and high wage inflation to restrict the company&#8217;s growth, at least in the near term. Our six-month target price of $36.00 per ADS equates to about 8.5x our earnings estimate for fiscal 2011. This target price implies an expected negative total return of 9.0% over that period. This is ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(UBS) UBS AG Acquires Stake in Chi-X</title>
		<link>http://www.stockbloghub.com/2011/12/09/ubs-ubs-ag-acquires-stake-in-chi-x/88213</link>
		<comments>http://www.stockbloghub.com/2011/12/09/ubs-ubs-ag-acquires-stake-in-chi-x/88213#comments</comments>
		<pubDate>Fri, 09 Dec 2011 17:34:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[NMR]]></category>
		<category><![CDATA[Nomura Holdings Inc]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88213</guid>
		<description><![CDATA[UBS AG (UBS) acquired an equity stake in Chi-X Global Holdings LLC. The financial terms of the deal were not disclosed. Chi-X Global is an operator of technologically advanced alternative market centers and a provider of innovative market level trading solutions. Chi-X Global operates Chi-X Australia, Chi-X Canada and Chi-X Japan. It also operates  Chi-East in  a  50:50  venture  with  a  subsidiary  of  the Singapore Exchange. Chi-X Global is owned by a consortium of major financial institutions. It is a win-win situation for both parties to the deal. For UBS AG, the stake acquisition of would help the company with better control over the market. On the other hand, the capital infusion at Chi-X would facilitate in its expansion efforts. Through this stake acquisition UBS AG joins the consortium of ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HBC) Europe Withers, but the World Hopes</title>
		<link>http://www.stockbloghub.com/2011/11/30/hbc-europe-withers-but-the-world-hopes/87814</link>
		<comments>http://www.stockbloghub.com/2011/11/30/hbc-europe-withers-but-the-world-hopes/87814#comments</comments>
		<pubDate>Wed, 30 Nov 2011 20:11:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[CL]]></category>
		<category><![CDATA[Colgate-Palmolive Company]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[Wal-Mart Stores Inc.]]></category>
		<category><![CDATA[WMT]]></category>
		<category><![CDATA[WYNN]]></category>
		<category><![CDATA[Wynn Resorts Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87814</guid>
		<description><![CDATA[Charles Dickens’ classic ‘A Tale of Two Cities’ begins: &#8220;It was the best of times, it was the worst of times&#8230;&#8221; Isn’t the world going through similar moments of despair and hope? The world hoped and hoped that the economic crisis that started in 2008 will soon end for the better with bailout packages and strong government intervention. Instead we faced crises &#8212; a seemingly never-ending series, one feeding into another. It all started with the financial crisis in the U.S. that quickly spread across the Atlantic to Europe, and the Mediterranean ‘drift’ that grew into a torrent and consumed North Africa and Southern Europe. The environment was created by poor governance, spendthrift ways, economic stagnation and high leverage – a heady cocktail that ousted governments, and created unstable markets ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HBC) HSBC Holdings to Divest Its Losango Unit</title>
		<link>http://www.stockbloghub.com/2011/11/02/hbc-hsbc-holdings-to-divest-its-losango-unit/86120</link>
		<comments>http://www.stockbloghub.com/2011/11/02/hbc-hsbc-holdings-to-divest-its-losango-unit/86120#comments</comments>
		<pubDate>Wed, 02 Nov 2011 21:05:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[Capital One Financial Corporation]]></category>
		<category><![CDATA[COF]]></category>
		<category><![CDATA[First Niagara Financial Group Inc]]></category>
		<category><![CDATA[FNFG]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=86120</guid>
		<description><![CDATA[On Thursday, Financial Times reported that HSBC Holdings Plc (HBC) is planning to sell its Losango consumer finance unit in Brazil, in yet another attempt to shed its non-core assets and improve efficiency. Presently, HSBC’s Losango unit has nearly 20 million clients and controls about 20% of the market share in Brazil’s consumer loan segment. Hence, some of the local banks interested in acquiring the HSBC unit include Banco Bradesco S.A. (BBD), Itau Unibanco Holding S.A. (ITUB) and Banco Santander Brasil, the local unit of Spanish bank. HSBC had acquired Losango in 2003 as a part of the agreement to buy Lloyds Banking Group Plc’s (LYG) Brazilian assets. The company’s main strategy is to focus in more profitable areas in Brazil and South America that include investment and commercial banking ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(UBS) U.S. Economy &#8211; Inflation &#8211; Jobs &#8211; Manufacturing</title>
		<link>http://www.stockbloghub.com/2011/09/19/ubs-u-s-economy-inflation-jobs-manufacturing/83260</link>
		<comments>http://www.stockbloghub.com/2011/09/19/ubs-u-s-economy-inflation-jobs-manufacturing/83260#comments</comments>
		<pubDate>Mon, 19 Sep 2011 20:39:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=83260</guid>
		<description><![CDATA[We have a range of economic data on tap today, from Jobless Claims and CPI to Industrial Production and regional manufacturing surveys. Europe will also be not far from investors&#8217; mind, though the tone of recent headlines out of Europe has softened a bit. Some of the more dire concerns about Greece&#8217;s position in the Union and about French banks appear to have eased somewhat. But the issue is far from resolved and will be back soon. We heard this morning that a supposedly &#8216;rogue trader&#8217; at UBS (UBS) caused the bank $2 billion in losses through unauthorized trades. The trader has reportedly been taken into custody. But it is a sad commentary on investment banks&#8217; risk management systems that something like this can happen even today, the third anniversary ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/19/ubs-u-s-economy-inflation-jobs-manufacturing/83260/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BCS) Company News for September 19, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/09/19/bcs-company-news-for-september-19-2011-corporate-summary/83507</link>
		<comments>http://www.stockbloghub.com/2011/09/19/bcs-company-news-for-september-19-2011-corporate-summary/83507#comments</comments>
		<pubDate>Mon, 19 Sep 2011 20:17:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[99 Cents Only Stores]]></category>
		<category><![CDATA[American Community Properties Trust]]></category>
		<category><![CDATA[APO]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[NDN]]></category>
		<category><![CDATA[Netflix Inc.]]></category>
		<category><![CDATA[NFLX]]></category>
		<category><![CDATA[OPEN]]></category>
		<category><![CDATA[OpenTable Inc]]></category>
		<category><![CDATA[Research In Motion Limited]]></category>
		<category><![CDATA[REV]]></category>
		<category><![CDATA[Revlon Inc.]]></category>
		<category><![CDATA[RIMM]]></category>
		<category><![CDATA[SSYS]]></category>
		<category><![CDATA[Stratasys Inc]]></category>
		<category><![CDATA[Textron Inc.]]></category>
		<category><![CDATA[TXT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=83507</guid>
		<description><![CDATA[•    Shares of blackberry smart phone maker Research In Motion Ltd. (NASDAQ:RIMM) declined 18.99% after the company posted poor earnings results that came in below expectations •    New York Post reported that Apollo Global Management LLC (NASDAQ:APO) is expected to make an offer to buy deep discount chain 99 Cents (NYSE:NDN) for $22-$24 a share. Following the report, shares of 99 cents advanced 9.41% •    Analysts at BMO Capital Markets upgraded cosmetic maker Revlon, Inc. (NYSE:REV) from &#8220;Market Perform&#8221; rating to an &#8220;Outperform&#8221; rating •    Share prices of online movie rental company Netflix, Inc. (NASDAQ:NFLX) declined 8.31% after the company lowered its U.S. subscription outlook for the third quarter •    Analysts at Needham &#38; Co. downgraded auto-industry software maker Stratasys, Inc. (NASDAQ:SSYS) from &#8220;Buy&#8221; rating to &#8220;Hold&#8221; rating. Following the ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(UBS) VIX Instruments: Why Investing in Volatility is Volatile</title>
		<link>http://www.stockbloghub.com/2011/09/12/ubs-vix-instruments-why-investing-in-volatility-is-volatile/82718</link>
		<comments>http://www.stockbloghub.com/2011/09/12/ubs-vix-instruments-why-investing-in-volatility-is-volatile/82718#comments</comments>
		<pubDate>Mon, 12 Sep 2011 17:22:39 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[GLD]]></category>
		<category><![CDATA[iPath S&P 500 VIX Mid-Term Futures ETN]]></category>
		<category><![CDATA[iPath S&P 500 VIX Short-Term Futures ETN]]></category>
		<category><![CDATA[iShares Silver Trust]]></category>
		<category><![CDATA[SH]]></category>
		<category><![CDATA[Short S&P500 ProShares]]></category>
		<category><![CDATA[SLV]]></category>
		<category><![CDATA[SPDR Gold Shares]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[VXX]]></category>
		<category><![CDATA[VXZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=82718</guid>
		<description><![CDATA[by Justin Dove, Investment U Research Wednesday, September 7, 2011 The VIX Index is all over the place in financial media these days. As most investors gather, the VIX is a volatility measure that looks to quantify fear in the markets. Many media outlets report from time to time that the VIX, or the Chicago Board of Options Exchange (CBOE) Volatility Index, is heading towards record levels. Surely there are plenty of investors wondering how they can get a piece of the action. When most stocks are falling, who wouldn’t want to capitalize on an index that seems to keep rising? After all, fear in the markets is one of the few things that’s becoming predictable. The VIX is a statistic that can’t be traded. It’s a mathematical computation derived ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(IBN) ICICI Bank Analyst Maintains Neutral Rating</title>
		<link>http://www.stockbloghub.com/2011/08/16/ibn-icici-bank-analyst-maintains-neutral-rating/81387</link>
		<comments>http://www.stockbloghub.com/2011/08/16/ibn-icici-bank-analyst-maintains-neutral-rating/81387#comments</comments>
		<pubDate>Tue, 16 Aug 2011 17:07:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[STAN]]></category>
		<category><![CDATA[Standard Parking Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81387</guid>
		<description><![CDATA[We are maintaining our Neutral recommendation on ICICI Bank Limited (IBN). Though we are concerned about ICICI’s highly competitive operating environment and below-average credit quality, we anticipate continued synergies from the company’s increased dependence on domestic loans, an almost stable funding base and market leadership in the insurance business. ICICI Bank’s fiscal first quarter 2012 (ended June 30, 2011) profit came in at INR13.32 billion (US$298 million), up 29.8% from INR10.26 billion (US$230 million) in the year-ago quarter. Improved results were primarily driven by higher net interest and fee incomes, and a substantial decline in loan loss provisions. However, higher operating expenses and lower other non-interest income were the headwinds. Asset quality continued to show signs of betterment and capital ratios remained strong during the quarter. Though ICICI still has ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(UBS) Non-U.S. Banks Stock Update &#8211; July 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/07/06/ubs-non-u-s-banks-stock-update-july-2011-industry-outlook/78469</link>
		<comments>http://www.stockbloghub.com/2011/07/06/ubs-non-u-s-banks-stock-update-july-2011-industry-outlook/78469#comments</comments>
		<pubDate>Wed, 06 Jul 2011 19:32:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[GGAL]]></category>
		<category><![CDATA[Grupo Financiero Galicia S.A.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[National Bank of Greece SA]]></category>
		<category><![CDATA[NBG]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[SHG]]></category>
		<category><![CDATA[Shinhan Financial Group Company Limited]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[WBK]]></category>
		<category><![CDATA[Westpac Banking Corporation]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78469</guid>
		<description><![CDATA[Backed by worldwide regulatory reform, the global banking industry is currently going through a transformation phase. Though the growth potential of some non-U.S. banks could be subdued due to higher reserve requirements, increased property taxes and strict lending limits as part of the regulatory overhaul, greater transparency in regulation could strengthen the fundamentals of many banks. Moreover, it is expected to create a less risky lane for the overall industry. Since 2010, the banking sector has been recovering at a moderate pace from the latest financial crisis that started as a credit issue in the subprime enclave of the U.S. mortgage market in mid-2007 and spilled all over the globe. Though the malice spread by the financial crisis is behind us, banks are now dealing with regulatory pressure as they ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/06/ubs-non-u-s-banks-stock-update-july-2011-industry-outlook/78469/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HBC) HSBC Holdings Saudi Arm to Join SABB Securities</title>
		<link>http://www.stockbloghub.com/2011/06/29/hbc-hsbc-holdings-saudi-arm-to-join-sabb-securities/77789</link>
		<comments>http://www.stockbloghub.com/2011/06/29/hbc-hsbc-holdings-saudi-arm-to-join-sabb-securities/77789#comments</comments>
		<pubDate>Wed, 29 Jun 2011 16:31:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Capital One Financial Corporation]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[COF]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77789</guid>
		<description><![CDATA[HSBC Holdings Plc (HBC) announced that its Saudi Arabian wholesale and investment banking unit, HSBC Saudi Arabia, would merge with SABB Securities Ltd., a wholly-owned brokerage and custody business unit of The Saudi British Bank. However, the company did not disclose the terms of the deal. HSBC will have a 49% stake in the new entity, which will be named HSBC Saudi Arabia Ltd. Although the remaining 51% stake will be held by SABB, HSBC will have a full management control of the new company. HSBC commented that that the new entity would be a full investment banking company and provide asset management, advisory and debt capital market activities. HSBC further stated that as of December 31, 2010, HSBC Saudi Arabia and SABB combined had total gross assets worth $188 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/29/hbc-hsbc-holdings-saudi-arm-to-join-sabb-securities/77789/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RBS) Royal Bank of Scotland Group Boosts Chinese Investment</title>
		<link>http://www.stockbloghub.com/2011/06/28/rbs-royal-bank-of-scotland-group-boosts-chinese-investment/77662</link>
		<comments>http://www.stockbloghub.com/2011/06/28/rbs-royal-bank-of-scotland-group-boosts-chinese-investment/77662#comments</comments>
		<pubDate>Tue, 28 Jun 2011 16:00:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77662</guid>
		<description><![CDATA[Royal Bank of Scotland Group Plc. (RBS) has boosted its investment banking business in China by appointing two senior investment bankers to its team. RBS appointed Wei Wang as head of China financial institutions group and Qing Zhu as head of China energy and resources. Wang previously served in Citigroup Inc. (C) as head of the public sector group at Citibank China. Zhu came from JPMorgan Chase &#38; Co. (JPM) in which he was a banker on China’s natural resources and real estate deals. The hiring follows the joint venture (JV), Huaying Securities Co. Ltd. that RBS and Guolian Securities Co. Ltd. launched last month. Huaying Securities is the first securities JV in China involving a U.K. domiciled bank and the first securities JV launched in China this year. China’s ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/28/rbs-royal-bank-of-scotland-group-boosts-chinese-investment/77662/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(UBS) Basel Wants Big Banks to Store More</title>
		<link>http://www.stockbloghub.com/2011/06/27/ubs-basel-wants-big-banks-to-store-more/77594</link>
		<comments>http://www.stockbloghub.com/2011/06/27/ubs-basel-wants-big-banks-to-store-more/77594#comments</comments>
		<pubDate>Mon, 27 Jun 2011 18:53:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Economic Crises]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77594</guid>
		<description><![CDATA[On Saturday, the oversight body of the Basel Committee on Banking Supervision proposed new rules that would force the world&#8217;s biggest banks to hold extra capital on their balance sheets as protection and prevention against global financial crisis, the Associated Press reported. The targeted banks are those that could threaten global economy if they collapse. This extra capital requirement is an addition to the set of minimum capital standards, known as Basel III, proposed by the regulatory officials of more than two dozen countries in 2010. As most of the major large-cap banks seem to comfortably maintain the minimum capital norms mandated by the Basel Committee, they might not hesitate to take more extravagant risks in their efforts to grow further. As a result, it was required to force these ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/27/ubs-basel-wants-big-banks-to-store-more/77594/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HBC) HSBC Holdings Plc-Madoff Trustee Lawsuit</title>
		<link>http://www.stockbloghub.com/2011/06/26/hbc-hsbc-holdings-plc-madoff-trustee-lawsuit/77404</link>
		<comments>http://www.stockbloghub.com/2011/06/26/hbc-hsbc-holdings-plc-madoff-trustee-lawsuit/77404#comments</comments>
		<pubDate>Sun, 26 Jun 2011 17:41:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77404</guid>
		<description><![CDATA[HSBC Holdings Plc (HBC) will have to wait for about a month (July end) for the verdict whether the trustee of Bernard L. Madoff Investment Securities LLC can be allowed to proceed with a $9 billion lawsuit accusing the company of having enabled the huge fraud. In December last year, a lawsuit was filed against HSBC by the trustee of Madoff Securities, Mr. Irving Picard.  The company was accused of failure to conduct proper due diligence of Madoff Securities hedge fund, for which it was a custodian and provider of administrative services. It was also alleged that HSBC could not detect the warning signs and failed in its duty toward the funds and its investors. However, the company has denied all charges. On Thursday, HSBC lawyers had argued that Mr. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/26/hbc-hsbc-holdings-plc-madoff-trustee-lawsuit/77404/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CS) Company News for June 14, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/06/14/cs-company-news-for-june-14-2011-corporate-summary-2/76314</link>
		<comments>http://www.stockbloghub.com/2011/06/14/cs-company-news-for-june-14-2011-corporate-summary-2/76314#comments</comments>
		<pubDate>Wed, 15 Jun 2011 03:24:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[ELMG]]></category>
		<category><![CDATA[EMS Technologies Inc]]></category>
		<category><![CDATA[Fairchild Semiconductor International Inc]]></category>
		<category><![CDATA[FCS]]></category>
		<category><![CDATA[Gerber Scientific Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GRB]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Harvest Natural Resources Inc]]></category>
		<category><![CDATA[HNR]]></category>
		<category><![CDATA[HON]]></category>
		<category><![CDATA[Honeywell International Inc.]]></category>
		<category><![CDATA[Ness Technologies Inc.]]></category>
		<category><![CDATA[NSTC]]></category>
		<category><![CDATA[Pinnacle West Capital Corporation]]></category>
		<category><![CDATA[PNW]]></category>
		<category><![CDATA[TBL]]></category>
		<category><![CDATA[Timberland Company]]></category>
		<category><![CDATA[Transatlantic Holdings Inc.]]></category>
		<category><![CDATA[TRH]]></category>
		<category><![CDATA[VF Corporation]]></category>
		<category><![CDATA[VFC]]></category>
		<category><![CDATA[WEN]]></category>
		<category><![CDATA[Wendy's-Arby's Group Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76314</guid>
		<description><![CDATA[•    Share prices of Transatlantic Holdings (NYSE:TRH) climbed 9.50% after the reinsurer announced it was merging with Switzerland based reinsurer World Assurance Company Holdings AG AWH in a deal worth $3.2 billion •    On Monday, Wendy&#8217;s/Arby&#8217;s Group (NYSE:WEN) announced it was selling its Arby&#8217;s restaurant business to a buyer formed by Roark Capital. Atlanta-based Arby&#8217;s is the second largest quick service sandwich chain in the U.S. •    Honeywell International Inc. (NYSE:HON) announced plans to buy maker of wireless-communications products EMS Technologies, Inc. (NASDAQ:ELMG) for $33 a share •    Share prices of supplier of automated manufacturing systems Gerber Scientific, Inc. (NYSE:GRB) climbed 35.34% to close at $10.99 after it said private equity firm Vector Capital was acquiring it for $11 a share or for $281.8 million •    Oil and natural-gas developer ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/14/cs-company-news-for-june-14-2011-corporate-summary-2/76314/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CS) Company News for June 14, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/06/14/cs-company-news-for-june-14-2011-corporate-summary/76246</link>
		<comments>http://www.stockbloghub.com/2011/06/14/cs-company-news-for-june-14-2011-corporate-summary/76246#comments</comments>
		<pubDate>Tue, 14 Jun 2011 15:03:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[ELMG]]></category>
		<category><![CDATA[EMS Technologies Inc]]></category>
		<category><![CDATA[Fairchild Semiconductor International Inc]]></category>
		<category><![CDATA[FCS]]></category>
		<category><![CDATA[Gerber Scientific Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GRB]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Harvest Natural Resources Inc]]></category>
		<category><![CDATA[HNR]]></category>
		<category><![CDATA[HON]]></category>
		<category><![CDATA[Honeywell International Inc.]]></category>
		<category><![CDATA[Ness Technologies Inc.]]></category>
		<category><![CDATA[NSTC]]></category>
		<category><![CDATA[Pinnacle West Capital Corporation]]></category>
		<category><![CDATA[PNW]]></category>
		<category><![CDATA[TBL]]></category>
		<category><![CDATA[Timberland Company]]></category>
		<category><![CDATA[Transatlantic Holdings Inc.]]></category>
		<category><![CDATA[TRH]]></category>
		<category><![CDATA[VF Corporation]]></category>
		<category><![CDATA[VFC]]></category>
		<category><![CDATA[WEN]]></category>
		<category><![CDATA[Wendy's-Arby's Group Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76246</guid>
		<description><![CDATA[•    Share prices of Transatlantic Holdings (NYSE:TRH) climbed 9.50% after the reinsurer announced it was merging with Switzerland based reinsurer World Assurance Company Holdings AG AWH in a deal worth $3.2 billion •    On Monday, Wendy&#8217;s/Arby&#8217;s Group (NYSE:WEN) announced it was selling its Arby&#8217;s restaurant business to a buyer formed by Roark Capital. Atlanta-based Arby&#8217;s is the second largest quick service sandwich chain in the U.S. •    Honeywell International Inc. (NYSE:HON) announced plans to buy maker of wireless-communications products EMS Technologies, Inc. (NASDAQ:ELMG) for $33 a share •    Share prices of supplier of automated manufacturing systems Gerber Scientific, Inc. (NYSE:GRB) climbed 35.34% to close at $10.99 after it said private equity firm Vector Capital was acquiring it for $11 a share or for $281.8 million •    Oil and natural-gas developer ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIB) Company News for May 18, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/05/18/aib-company-news-for-may-18-2011-corporate-summary/74393</link>
		<comments>http://www.stockbloghub.com/2011/05/18/aib-company-news-for-may-18-2011-corporate-summary/74393#comments</comments>
		<pubDate>Wed, 18 May 2011 15:20:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[DELL]]></category>
		<category><![CDATA[Dell Inc.]]></category>
		<category><![CDATA[eLong Inc]]></category>
		<category><![CDATA[Fairpoint Communications Inc.]]></category>
		<category><![CDATA[FRP]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[LINE]]></category>
		<category><![CDATA[Linn Energy Llc]]></category>
		<category><![CDATA[LONG]]></category>
		<category><![CDATA[MAKO]]></category>
		<category><![CDATA[MAKO Surgical Corporation]]></category>
		<category><![CDATA[Nektar Therapeutics]]></category>
		<category><![CDATA[NKTR]]></category>
		<category><![CDATA[ONCOLYTICS BIOTECH]]></category>
		<category><![CDATA[ONCY]]></category>
		<category><![CDATA[Optimer Pharmaceuticals Inc]]></category>
		<category><![CDATA[OPTR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74393</guid>
		<description><![CDATA[•    Dell Inc. (NASDAQ:DELL) reported Q1 EPS of $0.55, higher than the Zacks Consensus Estimate of $0.43 per share. Revenue for the quarter edged up 1% year-over-year to $15.02 billion, falling short of the Zacks Consensus Estimate of $15.457 billion •    Share prices of US listed Allied Irish Banks, PLC. (NYSE:AIB) rose 13.33% to close at $3.06 after the banking company unveiled a new structure and top management team •    Leerink Swann initiated coverage on shares of Anthera Pharmaceuticals, Inc. (NASDAQ:ANTH) with an &#8220;Outperform&#8221; rating and a valuation call of $12 to $14 per share •    Share prices of elong, Inc. (NASDAQ:LONG) increased 56.72% on news that China‘s Tencent Holdings has bought a 16% stake in the company for $84.4 million •    Shares of FairPoint Communications, Inc. (NASDAQ:FRP) fell more ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(UBS) UBS AG Faces FINRA Fines</title>
		<link>http://www.stockbloghub.com/2011/04/12/ubs-ubs-ag-faces-finra-fines/71320</link>
		<comments>http://www.stockbloghub.com/2011/04/12/ubs-ubs-ag-faces-finra-fines/71320#comments</comments>
		<pubDate>Tue, 12 Apr 2011 20:10:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71320</guid>
		<description><![CDATA[UBS AG (UBS) has hit the headlines again, this time for a wrong reason. Its wealth management services unit has been fined by the Financial Industry Regulatory Authority (FINRA) for misleading investors about the risks associated with certain notes of Lehman Brothers Holdings it sold. FINRA has fined UBS AG with $2.5 million and further imposed a $8.25 million payment in restitution for omissions and statements it had made that culminated in investors being misled regarding &#8220;principal protection&#8221; feature of 100% Principal-Protection Notes Lehman issued prior to its bankruptcy filing in September 2008. Principal-Protection Notes are fixed-income security structured products having a bond and an option component that promise a minimum return equal to an investor&#8217;s initial investment. During the period between March and June 2008, UBS AG promoted those ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/12/ubs-ubs-ag-faces-finra-fines/71320/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTU) Mitsubishi UFJ Financial Group and Morgan Stanley to Cut Jobs?</title>
		<link>http://www.stockbloghub.com/2010/12/31/mtu-mitsubishi-ufj-financial-group-and-morgan-stanley-to-cut-jobs/64296</link>
		<comments>http://www.stockbloghub.com/2010/12/31/mtu-mitsubishi-ufj-financial-group-and-morgan-stanley-to-cut-jobs/64296#comments</comments>
		<pubDate>Fri, 31 Dec 2010 20:31:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Mitsubishi UFJ Financial Group Inc]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[MTU]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=64296</guid>
		<description><![CDATA[Mitsubishi UFJ Morgan Stanley Securities Co., a joint venture between Mitsubishi UFJ Financial Group Inc. (MTU) and Morgan Stanley (MS), is planning to right-size its company by trimming its payroll. The company would offer an early retirement program from February, according to a report in the Nikkei business daily. The job cut comes on the heels of difficulties pertaining to earnings generation, which the company is facing in a lackluster stock market environment. The payroll trimming in February would target 200–300 jobs, representing about 3–4% of its total workforce. Employees aged 49–57 with at least 5 years of service in the company would be offered the early retirement option. Those who take part in this program would be given a severance package. Besides, the company would also pay to support ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SIVR) Is Silver Set to Beat Out Gold?</title>
		<link>http://www.stockbloghub.com/2010/10/26/sivr-is-silver-set-to-beat-out-gold/56405</link>
		<comments>http://www.stockbloghub.com/2010/10/26/sivr-is-silver-set-to-beat-out-gold/56405#comments</comments>
		<pubDate>Tue, 26 Oct 2010 16:02:04 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[ETF]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Etfs Physical Silver Shares]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[PAAS]]></category>
		<category><![CDATA[Pan American Silver Corporation]]></category>
		<category><![CDATA[Silver Wheaton Corporation]]></category>
		<category><![CDATA[SIVR]]></category>
		<category><![CDATA[SLW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=56405</guid>
		<description><![CDATA[by Tony D’Altorio, Investment U Research Monday, October 25, 2010 Silver has served as a measure of value and currency for over 4,000 years. As early as around 600 B.C., citizens of Lydia used it for coins. But while hardly new, it’s still giving investors something to talk about these days. In the past month, silver has hit prices it hasn’t seen since the Hunt brothers tried to corner that market over three decades ago. Their attempts drove the commodity to nearly $50 an ounce in 1980. Today, just like back then, many individual investors are buying up what some call “poor man’s gold.” Gold may be capturing headlines and new record highs. But silver is shining too… enough to make many wonder whether its forward returns might just beat ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(UBS) UBS AG Profits &#8211; Client Funds Inflow Positive Now</title>
		<link>http://www.stockbloghub.com/2010/10/26/ubs-ubs-ag-profits-client-funds-inflow-positive-now/56641</link>
		<comments>http://www.stockbloghub.com/2010/10/26/ubs-ubs-ag-profits-client-funds-inflow-positive-now/56641#comments</comments>
		<pubDate>Tue, 26 Oct 2010 15:57:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=56641</guid>
		<description><![CDATA[UBS AG (UBS) has posted a profit in the third quarter of 2010 and has reported positive client money flows after reporting outflows for the past several quarters. The company reported a net profit of CHF 1.7 billion ($1.7 billion) compared with CHF 2.0 billion in the prior quarter and a loss of CHF 0.6 billion in the year-ago quarter. Operating income was CHF 6.7 billion compared with CHF 9.2 billion in the prior quarter and CHF 5.8 billion in the year-ago quarter. However, the results included a CHF 825 million net tax credit and an own credit charge of CHF 387 million. Reduced client activity levels impacted the UBS AG business divisions’ performance. The Investment Bank division reported a pre-tax loss of CHF 406 million compared with a pre-tax ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/26/ubs-ubs-ag-profits-client-funds-inflow-positive-now/56641/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(AIB) Allied Irish Banks Announces Sale of M&amp;T Bank Stake</title>
		<link>http://www.stockbloghub.com/2010/10/11/aib-allied-irish-banks-announces-sale-of-mt-bank-stake/54570</link>
		<comments>http://www.stockbloghub.com/2010/10/11/aib-allied-irish-banks-announces-sale-of-mt-bank-stake/54570#comments</comments>
		<pubDate>Mon, 11 Oct 2010 15:42:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[MTB]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[STD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=54570</guid>
		<description><![CDATA[In an effort to generate sufficient capital, Allied Irish Banks plc (AIB) announced yesterday that it would sell its 22.4% shareholding in M&#38;T Bank Corporation (MTB). The sale involves a public offering of 26.7 million notes that are exchangeable for the shares of common stock of M&#38;T currently owned by it. The deal is subject to the approval of the shareholders of Allied Irish. The M&#38;T stake was acquired by Allied Irish in 2003 when it sold Allfirst Bank to M&#38;T. Morgan Stanley (MS) and Citigroup Global Markets Inc., an arm of Citigroup Inc. (C), are acting as underwriters and joint bookrunning managers for the offering. The financial crisis took its toll on Allied Irish Bank and the government came to its rescue. On September 30, 2010, the Irish government ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/11/aib-allied-irish-banks-announces-sale-of-mt-bank-stake/54570/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DB) Deutsche Bank AG Expects Third Quarter Earnings Loss</title>
		<link>http://www.stockbloghub.com/2010/09/23/db-deutsche-bank-ag-expects-third-quarter-earnings-loss/52554</link>
		<comments>http://www.stockbloghub.com/2010/09/23/db-deutsche-bank-ag-expects-third-quarter-earnings-loss/52554#comments</comments>
		<pubDate>Thu, 23 Sep 2010 15:10:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=52554</guid>
		<description><![CDATA[Deutsche Bank AG (DB) expects a loss in the third quarter of 2010. This is due to a €2.3 billion ($3 billion) charge from the revaluation of the company’s stake in Deutsche Postbank, which the company agreed to purchase in 2008. Weak market conditions during the third quarter have added to its woes. Deutsche Bank’s corporate-banking and securities business, which is generally a strong contributor of its revenue, has suffered seasonal reductions, threatening a fall in performance from the year-ago quarter levels. Additionally, the company’s asset and wealth management division has also worsened during the current year’s third quarter. These revelations came as the company filed a prospectus for its €10.2 billion share sale. Deutsche Bank intends to use this for bolstering capital levels in order to comply with regulatory ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/23/db-deutsche-bank-ag-expects-third-quarter-earnings-loss/52554/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BCS) Company News for September 16, 2010 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2010/09/16/bcs-company-news-for-september-16-2010-corporate-summary/51723</link>
		<comments>http://www.stockbloghub.com/2010/09/16/bcs-company-news-for-september-16-2010-corporate-summary/51723#comments</comments>
		<pubDate>Thu, 16 Sep 2010 15:48:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[FDX]]></category>
		<category><![CDATA[FedEx Corporation]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[SI]]></category>
		<category><![CDATA[Siemens AG]]></category>
		<category><![CDATA[SNE]]></category>
		<category><![CDATA[Sony Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=51723</guid>
		<description><![CDATA[• FedEx (NYSE:FDX) posted fiscal first quarter earnings one cent below consensus expectations, coming in at $1.20 on a revenue gain of 18.1% to $9.46 billion, above projections of $9.39 billion. The company raised its fiscal 2011 guidance to $4.80-$5.25 • Microsoft (NASDAQ:MSFT) launched its new videogame &#8220;Halo: Reach,&#8221; with global sales topping $200 million on the first day • Barclays (NYSE:BCS) upgraded Ford (NYSE:F) from &#8220;equal weight&#8221; to &#8220;overweight,&#8221; lifting the price target from $15 to $16 • Goldman Sachs (NYSE:GS) added Siemens (NYSE:SI) to its Conviction Buy List • Sony (NYSE:SNE) reported that its PS3 game console sales were still expected to hit its March 2011 target of 15 million units, with first half sales likely slightly above projections Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/16/bcs-company-news-for-september-16-2010-corporate-summary/51723/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BCS) Does the U.S. Have Another Recession Ahead?</title>
		<link>http://www.stockbloghub.com/2010/08/30/bcs-does-the-u-s-have-another-recession-ahead/49817</link>
		<comments>http://www.stockbloghub.com/2010/08/30/bcs-does-the-u-s-have-another-recession-ahead/49817#comments</comments>
		<pubDate>Tue, 31 Aug 2010 03:50:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=49817</guid>
		<description><![CDATA[Are we heading into another financial meltdown? That is what the data released by the U.S. government last Friday seems to suggest. Statistics revealed by the Bureau of Economic Analysis shows economic growth that is stalling and may even flatten out over the rest of the year, raising specters of another recession ahead. While the expected economic growth of 2.4% in the second quarter of 2010 was viewed as feeble, only about 1.6% was actually achieved. A slower build-up of stocks by companies and largest import surge in 26 years were primarily responsible. Compare this to a GDP growth rate of 3.7% in the first-quarter of 2010 and 5% in the fourth quarter of 2009, and we are looking at a potential crisis. However, the growth rate has surpassed the ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STD) Banco Santander SA on Acquisition Spree</title>
		<link>http://www.stockbloghub.com/2010/08/23/std-banco-santander-sa-on-acquisition-spree-2/49107</link>
		<comments>http://www.stockbloghub.com/2010/08/23/std-banco-santander-sa-on-acquisition-spree-2/49107#comments</comments>
		<pubDate>Tue, 24 Aug 2010 02:38:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[MTB]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[STD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=49107</guid>
		<description><![CDATA[Banco Santander SA (STD) is on an acquisition spree. The company is intending to acquire a stake in Bank Zachodni WBK, a Polish Bank. In fact, Santander is planning to buy three overseas businesses from Allied Irish Banks (AIB), according to a report in the Financial Times. As part of the restructuring efforts following the bailout, Allied Irish Bank needs to sell its 70% stake in Bank Zachodni WBK; a minority stake in M&#38;T Bank (MTB), a regional US bank; and a number of branches in the UK. The Zachodni stake acquisition would help Santander to possess a bank in an emerging market. Nevertheless, PKO Bank Polski S.A. &#8212; Poland’s largest bank &#8212; and BNP Paribas SA (BNPQY) are said to be giving Santander a run for its money in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/23/std-banco-santander-sa-on-acquisition-spree-2/49107/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DB) Deutsche Bank AG Forms Alliance with Craigs Investment Partners Limited of New Zealand</title>
		<link>http://www.stockbloghub.com/2010/08/16/db-deutsche-bank-ag-forms-alliance-with-craigs-investment-partners-limited-of-new-zealand/48069</link>
		<comments>http://www.stockbloghub.com/2010/08/16/db-deutsche-bank-ag-forms-alliance-with-craigs-investment-partners-limited-of-new-zealand/48069#comments</comments>
		<pubDate>Mon, 16 Aug 2010 19:47:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=48069</guid>
		<description><![CDATA[On Wednesday, Deutsche Bank AG (DB) and Craigs Investment Partners Limited of New Zealand announced the completion of their strategic alliance. As per the terms of the alliance, Deutsche Bank would hold a 49.9% equity interest in Craigs, while the remaining 50.1% will be held by the existing shareholders of Craigs Investment. When the agreement was first announced in March 2010, it was accepted that Deutsche Bank&#8217;s global institutional equities platform and Craigs Investment&#8217;s New Zealand institutional equities operations will work together to cater to clients in New Zealand and beyond. Further, an employee of Craigs Investment will be placed on Deutsche Bank&#8217;s Sydney institutional equities sales desk to drive cross-border flows. Institutional clients of both organizations will be able to contact Deutsche Bank&#8217;s global research and Craigs Investment’s institutional ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/16/db-deutsche-bank-ag-forms-alliance-with-craigs-investment-partners-limited-of-new-zealand/48069/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(UBS) UBS AG Sells $1.5 Billion Notes</title>
		<link>http://www.stockbloghub.com/2010/08/10/ubs-ubs-ag-sells-1-5-billion-notes/47217</link>
		<comments>http://www.stockbloghub.com/2010/08/10/ubs-ubs-ag-sells-1-5-billion-notes/47217#comments</comments>
		<pubDate>Tue, 10 Aug 2010 17:51:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=47217</guid>
		<description><![CDATA[UBS AG (UBS) has sold $1.5 billion of senior unsecured bank notes through its Stamford branch. The notes have a coupon rate of 2.25% and mature on August 12, 2013. Ratings from Moody’s Investor Services ? a unit of Moody’s Corp. (MCO) ? and Standard &#38; Poor&#8217;s are “Aa3” and “A+”, respectively. The sole book running manager for the sale was UBS AG. Last month, UBS AG posted its third consecutive quarter of net profit. Results were driven by solid contribution from its Investment Banking segment and a decline in client money outflows. UBS AG reported a second quarter 2010 net profit of CHF 2.0 billion ($1.9 billion) compared with a profit of CHF 2.2 billion in the prior quarter and a loss of CHF 1.4 billion in the year-ago ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/10/ubs-ubs-ag-sells-1-5-billion-notes/47217/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(UBS) UBS AG Announces They Will Pay $81 Million to Settle Charges</title>
		<link>http://www.stockbloghub.com/2010/08/10/ubs-ubs-ag-announces-they-will-pay-81-million-to-settle-charges/47036</link>
		<comments>http://www.stockbloghub.com/2010/08/10/ubs-ubs-ag-announces-they-will-pay-81-million-to-settle-charges/47036#comments</comments>
		<pubDate>Tue, 10 Aug 2010 17:43:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=47036</guid>
		<description><![CDATA[UBS AG (UBS) has hit the headlines again but this time for a wrong reason. The company has been ordered to pay $80.8 million by the Financial Industry Regulatory Authority Inc.’s (“FINRA”) arbitration panel in order to settle a damage claim brought forward by Kajeet Inc. Kajeet, a cellphone marketer based in Bethesda, Maryland, had sued UBS for damages incurred following its investments in auction-rate securities through UBS. Initially, Kajeet claimed $110 million for losses incurred on its investments in auction-rate securities following the freezing of this market during the credit crisis. However, Kajeet made investment of just $8 million in such securities through UBS AG. UBS AG’s management disagreed with this decision and planned to file a motion to annul it. An auction rate security typically refers to a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/10/ubs-ubs-ag-announces-they-will-pay-81-million-to-settle-charges/47036/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RBS) Royal Bank of Scotland Group Sells 318 Branches to Banco Santander</title>
		<link>http://www.stockbloghub.com/2010/08/09/rbs-royal-bank-of-scotland-group-sells-318-branches-to-banco-santander/47040</link>
		<comments>http://www.stockbloghub.com/2010/08/09/rbs-royal-bank-of-scotland-group-sells-318-branches-to-banco-santander/47040#comments</comments>
		<pubDate>Mon, 09 Aug 2010 14:36:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[STD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=47040</guid>
		<description><![CDATA[Royal Bank of Scotland Group plc.(RBS) has announced that it is selling its 318 branches and associated assets and liabilities to Santander UK plc., the U.K. unit of Banco Santander SA (STD). The selling price is at a premium of GBP350 million to net assets at closing. This business’ implied equity is GBP1.3 billion. The amount is to be paid in cash and is subject to certain closing conditions such as the business’ performance. The deal is expected to be completed by the end of next year. The branches that RBS is selling include 311 RBS branded branches in England &#38; Wales and 7 NatWest branded branches in Scotland. As of December, this business had total assets of GBP21.5 billion, customer deposits of GBP22.4 billion and risk-weighted assets of GBP15.2 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/09/rbs-royal-bank-of-scotland-group-sells-318-branches-to-banco-santander/47040/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RBS) Royal Bank of Scotland Group Fined $8.9 Million by U.K. Financial Services Authority</title>
		<link>http://www.stockbloghub.com/2010/08/06/rbs-royal-bank-of-scotland-group-fined-8-9-million-by-u-k-financial-services-authority/46926</link>
		<comments>http://www.stockbloghub.com/2010/08/06/rbs-royal-bank-of-scotland-group-fined-8-9-million-by-u-k-financial-services-authority/46926#comments</comments>
		<pubDate>Fri, 06 Aug 2010 16:47:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=46926</guid>
		<description><![CDATA[Royal Bank of Scotland Group plc (RBS) has been fined £5.6 million ($8.9 million) by the U.K. Financial Services Authority (FSA). The fine follows the company’s failure to possess adequate systems and controls for preventing the violation of the U.K. financial sanctions. However, as the claims are settled by RBS early, a 30% reduction in the fine amount was granted to the company. Firms in the U.K. are barred from offering financial services to persons included in the HM Treasury sanctions list. According to the Money Laundering Regulations 2007, firms are supposed to implement policies to avert funds or financial services to those mentioned in the sanction list. This is primarily to ensure the prevention of terrorist financing. According to the charges made by the FSA, certain RBS units – ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/06/rbs-royal-bank-of-scotland-group-fined-8-9-million-by-u-k-financial-services-authority/46926/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STD) Banco Santander SA on Acquisition Spree</title>
		<link>http://www.stockbloghub.com/2010/08/04/std-banco-santander-sa-on-acquisition-spree/46630</link>
		<comments>http://www.stockbloghub.com/2010/08/04/std-banco-santander-sa-on-acquisition-spree/46630#comments</comments>
		<pubDate>Wed, 04 Aug 2010 21:14:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[MTB]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[STD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=46630</guid>
		<description><![CDATA[Spain’s Banco Santander SA (STD) is on an acquisition spree. According to a report in Financial Times, the company has a number of acquisitions lined up in both the U.S. and the U.K. The Spanish banking giant is set to acquire 318 branches from the Royal Bank of Scotland Group plc (RBS) in the U.K. Additionally, the company is also planning to buy $4.3 billion of car loans from HSBC plc (HBC) in the U.S. Santander is also rumored to be in talks with M&#38;T Bank (MTB) to sign a deal for merging their U.S. operations. The financial crisis was a blessing in disguise for Santander, which has been busy acquiring assets for a cheaper price over the past two years. The company has added several businesses in the Continent ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BCS) Seven European Banks Fail Stress Tests</title>
		<link>http://www.stockbloghub.com/2010/08/02/bcs-seven-european-banks-fail-stress-tests/44894</link>
		<comments>http://www.stockbloghub.com/2010/08/02/bcs-seven-european-banks-fail-stress-tests/44894#comments</comments>
		<pubDate>Mon, 02 Aug 2010 21:51:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[ING]]></category>
		<category><![CDATA[ING Groep NV]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[STD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=44894</guid>
		<description><![CDATA[Europe stress-test results are out and only seven banks were found to be incapable of enduring another recession. However, no major banks have failed the test. The findings of the stress test that covered around 91 banks &#8212; accounting for 65% of the banking market in Europe and approximately 50% of the market share in each member country &#8212; were declared last Friday in an effort to restore the transparency and reliability of the European banking system following the debt crisis in Greece. Europe’s biggest banks, such as Barclays Plc. (BCS), HSBC Holdings Plc. (HBC), Royal Bank of Scotland Group Plc. (RBS) and Lloyds Banking Group Plc. (LYG) have all passed the test. Banco Santander SA (STD) and Banco Bilbao Vizcaya Argentaria SA (BBVA) of Spain, ING Group, N.V. (ING) ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(DB) Deutsche Bank AG&#8217;s Second Quarter Profit Grows</title>
		<link>http://www.stockbloghub.com/2010/07/29/db-deutsche-bank-ags-second-quarter-profit-grows/45155</link>
		<comments>http://www.stockbloghub.com/2010/07/29/db-deutsche-bank-ags-second-quarter-profit-grows/45155#comments</comments>
		<pubDate>Thu, 29 Jul 2010 14:24:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=45155</guid>
		<description><![CDATA[Deutsche Bank AG (DB) reported a second quarter net income of €1.2 billion ($1.5 billion) or €1.75 a share, up from €1.1 billion or €1.64 per share a year earlier. While the company experienced a substantial drop in revenues from investment banking, this was more than mitigated by lower loan loss provisions, gains realized from the acquisition of commercial banking activities from ABN AMRO in the Netherlands and a gain on its own debt. Deutsche Bank reported net revenues of €7.2 billion compared with €7.9 billion in the prior-year quarter. Corporate and Investment Bank unit, the major contributor of the company’s total revenues, reported net revenues of €4.7 billion, down from €5.3 billion in the second quarter of 2009. Deutsche Bank reported a provision for credit losses of €243 million ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(HBC) HSBC Clients Under U.S. Tax Review</title>
		<link>http://www.stockbloghub.com/2010/07/25/hbc-hsbc-clients-under-u-s-tax-review/42854</link>
		<comments>http://www.stockbloghub.com/2010/07/25/hbc-hsbc-clients-under-u-s-tax-review/42854#comments</comments>
		<pubDate>Sun, 25 Jul 2010 17:55:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=42854</guid>
		<description><![CDATA[In an effort to clamp offshore tax evasion, the U.S. authorities are investigating the U.S. clients of HSBC Holdings plc. (HBC). The clients in question are suspected not to have disclosed their accounts in India and Singapore, according to a Bloomberg report. Bloomberg reported that the U.S. Justice Department has initiated a criminal investigation against the HSBC clients. Letters have been sent to the HSBC clients in the last month, asking them to provide the reason for not disclosing their accounts with the IRS or the Treasury Department. This investigation against the HSBC clients is part of the U.S. crackdown on offshore tax evasion. U.S. citizens are believed to have made billions of dollars in assets by opening accounts outside the country to avoid taxes. It also shows that the ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(UBS) UBS AG Earns Spot as #2 Global Wealth Managers Despite Odds</title>
		<link>http://www.stockbloghub.com/2010/07/10/ubs-ubs-ag-earns-spot-as-2-global-wealth-managers-despite-odds/43081</link>
		<comments>http://www.stockbloghub.com/2010/07/10/ubs-ubs-ag-earns-spot-as-2-global-wealth-managers-despite-odds/43081#comments</comments>
		<pubDate>Sat, 10 Jul 2010 13:55:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=43081</guid>
		<description><![CDATA[In spite of the tax probe against UBS AG (UBS) that threatened the company’s age-old secrecy laws, the company ranked #2 as global wealth managers in 2009 as per the Global Private Banking study from Scorpio Partnership. The company came just behind Bank of America Corporation (BAC). According to the report that was published in Reuters, Bank of America with assets under management (AUM) of $1,741 billion and 10.5% share of private banking assets as of year end 2009 topped the list. Next was UBS with AUM of $1,594 billion and 9.7% share of private banking assets. Morgan Stanley (MS) ranked #3 with AUM of $1,508 billion while Wells Fargo &#38; Company (WFC) took fourth place with AUM of $1,218 billion. Credit Suisse Group (CS) with AUM of $775 billion ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/07/10/ubs-ubs-ag-earns-spot-as-2-global-wealth-managers-despite-odds/43081/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(BCS) U.S. Consumer Credit Down 4.5% in May</title>
		<link>http://www.stockbloghub.com/2010/07/09/bcs-u-s-consumer-credit-down-4-5-in-may/42992</link>
		<comments>http://www.stockbloghub.com/2010/07/09/bcs-u-s-consumer-credit-down-4-5-in-may/42992#comments</comments>
		<pubDate>Fri, 09 Jul 2010 13:34:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=42992</guid>
		<description><![CDATA[According to data released by the Federal Reserve on Thursday, U.S. consumer credit declined by $9 billion, at an annualized rate of 4.5%, in May to $2.42 billion. Following a $14.9 billion drop in April, this represents a decline for the fourth consecutive month. The decline in consumer credit reflects consumers’ unwillingness to take on additional credit amid the sluggish economic recovery. Also, as consumers remain worried about their finances, they are gradually discarding some of their debt burden. Since the collapse of Lehman Brothers in September 2008, which was acquired by Barclays (BCS), we have been noticing a major slump in the consumers’ credit activity. Since then, consumer credit has declined in 18 out of 20 months as Americans have been continuously struggling with the uncertain jobs scenario and ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(HBC) HSBC Holdings Announces it Will Acquire Royal Bank of Scotland&#8217;s Indian Unit</title>
		<link>http://www.stockbloghub.com/2010/07/07/hbc-hsbc-holdings-announces-it-will-acquire-royal-bank-of-scotlands-indian-unit/42777</link>
		<comments>http://www.stockbloghub.com/2010/07/07/hbc-hsbc-holdings-announces-it-will-acquire-royal-bank-of-scotlands-indian-unit/42777#comments</comments>
		<pubDate>Wed, 07 Jul 2010 13:55:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[Sport Supply Group]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=42777</guid>
		<description><![CDATA[HSBC Holdings Plc (HBC) on Friday announced that it will acquire the retail and commercial banking businesses of Royal Bank of Scotland Group Plc (RBS) in India. RBS has an Indian portfolio with a gross asset value of $1.8 billion as of March 31, 2010. Under the terms of the agreement, HSBC will pay a premium of approximately $95 million over the tangible net asset value of the business. However, 90% of any credit losses sustained by RBS’ unsecured lending portfolio in the two years following the completion of the deal will be deducted from the premium value. The deal will likely be wrapped up by the first half of 2011, subject to regulatory approvals. HSBC will also apply to Reserve Bank of India (RBI) for the branch licenses that ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(UBS) UBS AG Posted Second Quarter Profits &#8211; Outflows Fall</title>
		<link>http://www.stockbloghub.com/2010/05/06/ubs-ubs-ag-posted-second-quarter-profits-outflows-fall/36484</link>
		<comments>http://www.stockbloghub.com/2010/05/06/ubs-ubs-ag-posted-second-quarter-profits-outflows-fall/36484#comments</comments>
		<pubDate>Thu, 06 May 2010 23:22:59 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=36484</guid>
		<description><![CDATA[UBS AG (UBS) has posted its second consecutive quarter of net profit, aided by strong contribution from its Investment Bank division and a drop in client money outflows. UBS AG reported a first quarter net profit of CHF 2.2 billion ($2.08 billion) compared with a profit of CHF 1.21 billion in the prior quarter and a loss of CHF 1.98 billion in the year-ago quarter. Solid performance in the fixed income, currencies and commodities business led to significant improvement in the Investment Bank results. Pre-tax profit increased to CHF 1.19 billion from CHF 297 million in the prior quarter. Invested assets of CHF 2,267 billion on Mar 31, 2010, were up 2% sequentially and 4% year over year, reflecting favorable market performance and positive currency impacts. The results were partially ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(IBN) ICICI Bank Limited Reports Earnings Rise</title>
		<link>http://www.stockbloghub.com/2010/04/27/ibn-icici-bank-limited-reports-earnings-rise/35042</link>
		<comments>http://www.stockbloghub.com/2010/04/27/ibn-icici-bank-limited-reports-earnings-rise/35042#comments</comments>
		<pubDate>Tue, 27 Apr 2010 17:39:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=35042</guid>
		<description><![CDATA[ICICI Bank Limited (IBN) reported 2010 fiscal fourth quarter and full fiscal year (ended March 31) last week. For the fourth quarter, profit increased 35% year over year to INR10.06 billion (US$224 million). For full fiscal year 2010, ICICI Bank reported a profit of INR40.25 billion (US$896 million), up 7% year over year. Quarterly results were primarily driven by an increase in fee income, a drop in loss provisions and reduced operating expenses. Asset quality showed signs of improvement while capital levels remained good. ICICI Bank reported an improvement in asset quality. Net non-performing assets were down 11.7% sequentially and 15.5% year over year to INR39.01 billion (US$869 million) as of March 31, 2010. The bank&#8217;s net non-performing asset ratio was at 1.87%, down 32 basis points sequentially. In addition, ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(UBS) UBS AG Projects Pre-Tax Profit &#8211; Deposit Outflows Slow</title>
		<link>http://www.stockbloghub.com/2010/04/12/ubs-ubs-ag-projects-pre-tax-profit-deposit-outflows-slow/33496</link>
		<comments>http://www.stockbloghub.com/2010/04/12/ubs-ubs-ag-projects-pre-tax-profit-deposit-outflows-slow/33496#comments</comments>
		<pubDate>Tue, 13 Apr 2010 03:59:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=33496</guid>
		<description><![CDATA[UBS AG (UBS) has announced today that it expects to report a pre-tax profit of at least CHF 2.5 billion ($2.3 billion) in the first quarter of 2010. The news comes just prior to its Annual General Meeting which is scheduled on April 14. The company intends to report its first quarter results on May 4, 2010. UBS has also experienced a decrease in net money outflows at all its business units compared to the fourth quarter of 2009. The company estimates the net outflows at its Wealth Management &#38; Swiss Bank division to be around CHF 8 billion. Additionally, outflows are expected to be around CHF 7 billion for Wealth Management Americas and CHF 3 billion for Global Asset Management divisions. UBS reported a fourth quarter net profit of ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(BMO) Bank of Montreal &#8211; Improving Business in the First Quarter of 2010</title>
		<link>http://www.stockbloghub.com/2010/04/05/bmo-bank-of-montreal-improving-business-in-the-first-quarter-of-2010/32721</link>
		<comments>http://www.stockbloghub.com/2010/04/05/bmo-bank-of-montreal-improving-business-in-the-first-quarter-of-2010/32721#comments</comments>
		<pubDate>Mon, 05 Apr 2010 17:42:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[BMO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32721</guid>
		<description><![CDATA[Bank of Montreal (BMO) has been hitting new 52-week highs as the global recovery appears to be heating up. I last reviewed BMO in July 2009 just as the recovery was taking hold in the financial sector. Despite a run-up in the stock, the company still has an attractive P/E ratio of 13.9, which is under the industry average. Bank of Montreal Saw Improving Business in the First Quarter of 2010 On Mar 2, Bank of Montreal reported its first quarter results which ended Jan 31, 2010. The Canadian bank which provides personal, corporate and commercial banking services in North America, surprised on the Zacks Consensus by 9 cents. Earnings per share were $1.07 compared to the consensus of 98 cents. The Personal and Commercial Banking Canada segment boosted the ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>($RBS) Outlook for the Non-U.S. Banks Industry</title>
		<link>http://www.stockbloghub.com/2010/03/30/rbs-outlook-for-the-non-u-s-banks-industry/32283</link>
		<comments>http://www.stockbloghub.com/2010/03/30/rbs-outlook-for-the-non-u-s-banks-industry/32283#comments</comments>
		<pubDate>Tue, 30 Mar 2010 14:17:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco Latinoamericano de Exportaciones SA]]></category>
		<category><![CDATA[Banco Macro S.A.]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bancolombia S.A.]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BLX]]></category>
		<category><![CDATA[BMA]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CIB]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[MFG]]></category>
		<category><![CDATA[Mizuho Financial Group]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32283</guid>
		<description><![CDATA[Starting as a credit issue in the subprime segment of the U.S. mortgage market, the worst financial crisis since the Great Depression has now spread to almost the entire global financial services industry. However, we believe that the worst of the global financial crisis is behind us. Although non-U.S. banks are still dealing with liquidity and confidence challenges, governments have taken several steps to alleviate the sector, as banks are the lifeblood of the economy. Though the industry is in the process of adopting tougher measures to help prevent a recurrence of the global financial crisis and restore public confidence, there remain lingering concerns. However, we believe it would be a perfect time to get involved with non-U.S. bank stocks for long-term investments, as valuations are now comparatively cheaper. Investors ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(UBS) UBS AG Pays Executives $51.8 Million</title>
		<link>http://www.stockbloghub.com/2010/03/18/ubs-ubs-ag-pays-executives-51-8-million/31065</link>
		<comments>http://www.stockbloghub.com/2010/03/18/ubs-ubs-ag-pays-executives-51-8-million/31065#comments</comments>
		<pubDate>Thu, 18 Mar 2010 18:36:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31065</guid>
		<description><![CDATA[Bailed out Swiss bank UBS AG (UBS), which suffered a loss for a third consecutive year, has paid out $51.8 million in compensation to executive board members for 2009. After repaying the $5.6 billion funds it received in 2008, the bank is now free to set its own compensation policies. Among the board members, Carsten Kengeter, co-head of UBS’s investment bank, was the highest paid, receiving a total of $12.5 million. The ex-Goldman Sachs executive joined UBS in September 2008. Kengeter heads the fixed income unit, which was accountable for major losses at the bank, and has reassured that the unit will become profitable in 2010. The bank paid out 2.9 billion francs in total cash bonus for 2009, 34% more than in 2008, when it reported the biggest net ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DB) Deutsche Bank AG Turns Profit</title>
		<link>http://www.stockbloghub.com/2010/02/04/db-deutsche-bank-ag-turns-profit/27017</link>
		<comments>http://www.stockbloghub.com/2010/02/04/db-deutsche-bank-ag-turns-profit/27017#comments</comments>
		<pubDate>Thu, 04 Feb 2010 22:16:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=27017</guid>
		<description><![CDATA[Deutsche Bank AG (DB) reported a fourth quarter net income of €1.3 billion ($1.9 billion) or €2.00 a share, compared to a net loss of €4.8 billion or €8.71 per share a year earlier. Results were primarily driven by a tax benefit. Additionally, the company experienced an increase in sales and trading revenue in the quarter. The company experienced a €554 million gain from tax benefits in the reported quarter as a result of the recognition of deferred tax assets in the U.S. of €790 million. For the full year, the bank earned €5.0 billion ($6.95 billion) or €7.59 per share. This compares with a loss of €3.9 billion or €7.61 in 2008. The results in the prior-year period were significantly impacted by the global economic crisis. Deutsche Bank’s net ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/02/04/db-deutsche-bank-ag-turns-profit/27017/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CS) Case Schiller Indexes Show Home Prices Edge Up</title>
		<link>http://www.stockbloghub.com/2010/01/26/cs-case-schiller-indexes-show-home-prices-edge-up/26062</link>
		<comments>http://www.stockbloghub.com/2010/01/26/cs-case-schiller-indexes-show-home-prices-edge-up/26062#comments</comments>
		<pubDate>Tue, 26 Jan 2010 22:33:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[BlackRock]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MGIC Investment Corporation]]></category>
		<category><![CDATA[MTG]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=26062</guid>
		<description><![CDATA[In November, housing prices increased by 0.24% on a seasonally adjusted basis for both the Case Schiller (CS) Composite 10 (CS-10) and Composite 20 (CS-20) city indexes. The CS indexes are considered the gold standard of housing price indexes, and track actual repeat sales, and are thus not influenced by mix changes the way that median prices can be. Over the last year, the CS-10 is down 4.5% while the CS-20 is down 5.3%. However, prices appear to have bottomed out for both measures in May and the C-10 is now up 3.76% and the C-20 is 3.38% off the bottom. While such improvement is encouraging, it will be a very long time before housing prices get back to their April 2006 peak levels. The C-10 index is now 30.4% ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/26/cs-case-schiller-indexes-show-home-prices-edge-up/26062/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(UBS) Swiss Ruling Worries UBS Investors</title>
		<link>http://www.stockbloghub.com/2010/01/25/ubs-swiss-ruling-worries-ubs-investors/25970</link>
		<comments>http://www.stockbloghub.com/2010/01/25/ubs-swiss-ruling-worries-ubs-investors/25970#comments</comments>
		<pubDate>Tue, 26 Jan 2010 04:44:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25970</guid>
		<description><![CDATA[Last Friday, a Swiss court ruled against the transfer of data of American clients of UBS AG (UBS). This ruling has raised doubts about the settlement that had enabled the US authorities to get the details of alleged tax-evading American clients of UBS AG. According to the ruling, if a client fails to fill out a W-9 form in the U.S. to declare the funds, the failure is not considered a tax fraud in Switzerland. Hence, the detail of these clients won’t be handed over to the U.S. authorities. However, this Wednesday, the Swiss government will decide about the ways to guarantee the implementation of Switzerland&#8217;s and the U.S.&#8217;s agreement. In August 2009, UBS agreed to disclose account details of 4,450 American clients who have allegedly evaded taxes. Swiss banks ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/25/ubs-swiss-ruling-worries-ubs-investors/25970/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(IBN) ICICI Bank Limited&#8217;s Profit Increases</title>
		<link>http://www.stockbloghub.com/2010/01/25/ibn-icici-bank-limiteds-profit-increases/25898</link>
		<comments>http://www.stockbloghub.com/2010/01/25/ibn-icici-bank-limiteds-profit-increases/25898#comments</comments>
		<pubDate>Mon, 25 Jan 2010 20:49:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25898</guid>
		<description><![CDATA[ICICI Bank Limited’s (IBN) 2010 fiscal third quarter (ended December 31) net earnings rose 6% sequentially to INR11.01 billion (US$237 million). The results were primarily driven by a decrease in loss provisions and reduced operating expenses. However, net earnings of ICICI Bank were down 13% on a year-over-year basis, primarily due to the absence of treasury income in the reported quarter compared to a treasury income of INR9.76 billion (US$210 million) in the year-ago quarter. This was mainly due to an increase in yields on government securities in the reported quarter compared to a decline in yields in the year-ago quarter. ICICI Bank’s asset quality improved slightly as the bank’s net non-performing asset ratio was at 2.19%, the same level as of Sep 30, 2009. Besides, there was a 6% ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/25/ibn-icici-bank-limiteds-profit-increases/25898/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STD) Investing in Brazil: Two Ways to Profit From This Emerging Market’s Multiple Growth Trends</title>
		<link>http://www.stockbloghub.com/2010/01/12/std-investing-in-brazil-two-ways-to-profit-from-this-emerging-market%e2%80%99s-multiple-growth-trends/24684</link>
		<comments>http://www.stockbloghub.com/2010/01/12/std-investing-in-brazil-two-ways-to-profit-from-this-emerging-market%e2%80%99s-multiple-growth-trends/24684#comments</comments>
		<pubDate>Tue, 12 Jan 2010 23:02:23 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[BRF]]></category>
		<category><![CDATA[EWZ]]></category>
		<category><![CDATA[iShares MSCI Brazil Index]]></category>
		<category><![CDATA[Market Vectors Brazil Small-Cap ETF]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=24684</guid>
		<description><![CDATA[by Tony Daltorio, Investment U Research Team Monday, January 11, 2010 Soccer… the Samba… and carnivals. These are the things that spring to mind when you mention Brazil. But these days, the country is increasingly considered an excellent destination for investment capital, too. In fact, it may very well become one of the 21st century’s new economic powers, alongside places like China and India. The solid economic foundation is already in place… ~ Commodities: Brazil holds a strong position in commodities like sugar, iron ore, soybeans, orange juice, pulp, paper, and now even oil. ~ Structural Reforms: The country has worked diligently towards structural reforms in recent years – and through improved fiscal and monetary policies, it’s achieved a noticeable improvement. That includes… Lowering inflation. Reducing net debt to 40% ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/12/std-investing-in-brazil-two-ways-to-profit-from-this-emerging-market%e2%80%99s-multiple-growth-trends/24684/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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