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	<title>Stock Blog Hub &#187; RBS</title>
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	<link>http://www.stockbloghub.com</link>
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		<title>(TD) The Toronto-Dominion Bank to Settle Overdraft Charges</title>
		<link>http://www.stockbloghub.com/2012/05/16/td-the-toronto-dominion-bank-to-settle-overdraft-charges/100264</link>
		<comments>http://www.stockbloghub.com/2012/05/16/td-the-toronto-dominion-bank-to-settle-overdraft-charges/100264#comments</comments>
		<pubDate>Wed, 16 May 2012 17:53:30 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[CBSH]]></category>
		<category><![CDATA[Commerce Bancshares Inc.]]></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[TD]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=100264</guid>
		<description><![CDATA[The Toronto-Dominion Bank (TD) is the latest to join the ever-growing list of banks facing litigation over misconduct and malpractices concerning overdraft fees. The bank has agreed to pay $62 million in settlement of a lawsuit filed against it by its customers accusing it of unreasonable assessment and collection of overdraft fees. However, the settlement requires approval from the U.S. District Judge in Miami. Background The customers accused TD Bank of regularly dealing with transactions pertaining to debit cards in the order of magnitude of the transaction rather than the chronological order. The intentional malpractices resulted in faster negative balances in customers’ accounts, leading to a larger number of overdrawn transactions, each of which then became chargeable. Consequently, overdraft fees piled up in excess. Moreover, TD Bank violated the U.S. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/05/16/td-the-toronto-dominion-bank-to-settle-overdraft-charges/100264/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIG) American International Group Raises $2 Billion from Note Offerings</title>
		<link>http://www.stockbloghub.com/2012/03/22/aig-american-international-group-raises-2-billion-from-note-offerings/96081</link>
		<comments>http://www.stockbloghub.com/2012/03/22/aig-american-international-group-raises-2-billion-from-note-offerings/96081#comments</comments>
		<pubDate>Thu, 22 Mar 2012 16:03:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[AIA]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96081</guid>
		<description><![CDATA[On Monday, American International Group Inc. (AIG) issued long-term notes worth $2 billion in a two-part offering, according to Thomson Reuters. Accordingly, one fraction of senior unsecured notes is valued at $1.25 billion. These notes were issued at a price of $99.797 and dated to mature on March 20, 2017.  These callable five-year fixed rate notes are projected to have a spread of 265 basis points (bps) over the US Treasuries, while bearing a coupon rate of 3.8% and yield rate of 3.845%. Besides, the second tranche of senior unsecured notes is worth $750 million. These notes were issued at a price of $99.844 and dated to mature on March 20, 2015.  These three-year fixed rate notes are projected to have a spread of 245 bps over the US Treasuries, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/22/aig-american-international-group-raises-2-billion-from-note-offerings/96081/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Major Wall Street Banks Face New Mortgage Securities Lawsuit</title>
		<link>http://www.stockbloghub.com/2012/02/24/bac-major-wall-street-banks-face-new-mortgage-securities-lawsuit/92524</link>
		<comments>http://www.stockbloghub.com/2012/02/24/bac-major-wall-street-banks-face-new-mortgage-securities-lawsuit/92524#comments</comments>
		<pubDate>Fri, 24 Feb 2012 18:22:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[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[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[NMR]]></category>
		<category><![CDATA[Nomura Holdings Inc]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=92524</guid>
		<description><![CDATA[According to Bloomberg, Sealink Funding Ltd., an Ireland-based investment firm, has filed a lawsuit against a number of major banks over residential mortgage-backed securities. The complaint lodged claims that these banks have misrepresented documents as the underwriters in the sale of mortgage-backed securities. The accused banks are Wall Street bigs like Bank of America Corporation (BAC), JPMorgan Chase &#38; Co. (JPM), Citigroup Inc. (C), The Royal Bank of Scotland Group plc (RBS), Credit Suisse Group (CS), Deutsche Bank AG (DB) and Nomura Holdings Inc. (NMR). Sealink alleged that these banks have issued misleading statements and omissions related to the mortgage-backed securities and has concealed risks associated with the securities. The company claims that the documents used in offering the securities contained untrue statements or omissions, about the actual risks involved ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/24/bac-major-wall-street-banks-face-new-mortgage-securities-lawsuit/92524/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Bank of America Corporation Continues Assets Sale</title>
		<link>http://www.stockbloghub.com/2011/12/02/bac-bank-of-america-corporation-continues-assets-sale/87904</link>
		<comments>http://www.stockbloghub.com/2011/12/02/bac-bank-of-america-corporation-continues-assets-sale/87904#comments</comments>
		<pubDate>Fri, 02 Dec 2011 16:26:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[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[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[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87904</guid>
		<description><![CDATA[Bank of America Corporation (BAC) has agreed to sell its Designated Market Maker (DMM) business on New York Stock Exchange (NYSE) to global market maker, Getco LCC. Bank of America’s decision to move away from its market making operations is a part of its strategy to concentrate on its core banking business. The financial terms of the transactions were, however, not disclosed. Following the closure of the deal, Getco will become the second largest NYSE-designated market-maker and would be responsible for trades in about 650 companies and 850 securities. Concurrently, Reuters reported that Bank of America is closing its Brazilian private banking business and trenching nearly 40 employees. Bank of America is the third financial company to announce layoffs in Brazil within a couple of months. In October, two European ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/02/bac-bank-of-america-corporation-continues-assets-sale/87904/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Standard &amp; Poor&#8217;s Downgrades Giant Wall Street Banks</title>
		<link>http://www.stockbloghub.com/2011/11/30/bac-standard-poors-downgrades-giant-wall-street-banks/87818</link>
		<comments>http://www.stockbloghub.com/2011/11/30/bac-standard-poors-downgrades-giant-wall-street-banks/87818#comments</comments>
		<pubDate>Wed, 30 Nov 2011 20:09:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[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[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[Economic Crises]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[ING]]></category>
		<category><![CDATA[ING Groep NV]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87818</guid>
		<description><![CDATA[On Tuesday, Standard &#38; Poor&#8217;s (S&#38;P) lowered its credit ratings for many U.S. and European banks. Out of 37 banks reviewed by S&#38;P, ratings for 15 were downgraded, ratings remained unchanged for 20 and the remaining 2 were awarded upgraded ratings. The banks whose ratings fell, included Wall Street giants – Bank of America Corporation (BAC), JPMorgan Chase &#38; Co. (JPM), Citigroup Inc. (C), Wells Fargo &#38; Company (WFC), The Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS). Apart from these U.S. banks, the credit ratings of few European banks, such as Barclays Plc (BCS), Lloyds Banking Group Plc (LYG), HSBC Holdings Plc (HBC) and The Royal Bank of Scotland Group Plc (RBS) also downgraded. Ratings for these 15 banks were downgraded by one notch. However, S&#38;P did not ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/30/bac-standard-poors-downgrades-giant-wall-street-banks/87818/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) JPMorgan Chase &amp; Co Anticipates No Job Cuts</title>
		<link>http://www.stockbloghub.com/2011/09/11/jpm-jpmorgan-chase-co-anticipates-no-job-cuts/82737</link>
		<comments>http://www.stockbloghub.com/2011/09/11/jpm-jpmorgan-chase-co-anticipates-no-job-cuts/82737#comments</comments>
		<pubDate>Sun, 11 Sep 2011 19:43:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></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[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=82737</guid>
		<description><![CDATA[On Tuesday, Reuters reported quoting Mr. Jes Stanley, JPMorgan Chase &#38; Co.’s (JPM) investment banking Chief Executive, that the company has no plans to retrench employees in the near future. During the first half of 2011, JPMorgan recorded compensation expenses of $15.8 million, up 6% from the corresponding prior-year period. However, Mr. Stanley stated that the company has been trying to manage expenditures by lowering other operating expenses rather than cutting jobs. This move is, however, in stark contrast to what the other peers of JPMorgan have been announcing recently. Several banks announced layoffs in July and August to tide over the ever increasing expenses. In order to improve operating efficiency, last month, UBS AG (UBS) declared 3,500 job cuts, Royal Bank of Scotland Group plc (RBS) announced  trimming of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/11/jpm-jpmorgan-chase-co-anticipates-no-job-cuts/82737/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Company News for September 7, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/09/07/bac-company-news-for-september-7-2011-corporate-summary/82710</link>
		<comments>http://www.stockbloghub.com/2011/09/07/bac-company-news-for-september-7-2011-corporate-summary/82710#comments</comments>
		<pubDate>Wed, 07 Sep 2011 20:44:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[AT&T Inc.]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[International Paper Company]]></category>
		<category><![CDATA[IP]]></category>
		<category><![CDATA[LUFK]]></category>
		<category><![CDATA[Lufkin Industries Inc.]]></category>
		<category><![CDATA[Manitowoc Company Inc]]></category>
		<category><![CDATA[MTW]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[S]]></category>
		<category><![CDATA[Sprint Nextel Corporation]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[T]]></category>
		<category><![CDATA[Temple-Inland Inc.]]></category>
		<category><![CDATA[TIN]]></category>
		<category><![CDATA[Whirlpool Corporation]]></category>
		<category><![CDATA[WHR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=82710</guid>
		<description><![CDATA[•    Lufkin Industries (NASDAQ:LUFK) said it had concluded an Asset Purchase Agreement to purchase virtually all the assets of Quinn&#8217;s Oilfield Supply Ltd for around $303 million •    Shares of exploration company Sunoco Inc. (NYSE:SUN) gained 5.32% after the company announced its decision to sell off its refinery businesses and concentrate on the gasoline retail segment •    Shipping box maker Temple Inland, Inc.’s (NYSE:TIN) share prices advanced 25.25% to close at $30.85 a share after International Paper Co. (NYSE:IP) increased its offer price for the company •    Shares of the banking sector declined and closed in the red after the cost of insuring bank debt rose substantially. Following this development, share prices of Credit Suisse (NYSE:CS), Royal Bank of Scotland (NYSE:RBS) and Bank of America (NYSE:BAC) fell 12.93%, 12.74% and ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Stock Market News for September 7, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/09/07/bac-stock-market-news-for-september-7-2011-market-news/82708</link>
		<comments>http://www.stockbloghub.com/2011/09/07/bac-stock-market-news-for-september-7-2011-market-news/82708#comments</comments>
		<pubDate>Wed, 07 Sep 2011 20:43:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[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[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></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[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=82708</guid>
		<description><![CDATA[European debt concerns sent stocks down for the third-straight day after investors returned from a long weekend. The benchmarks suffered their worst three-day start this month since October 2008. This was also the S&#38;P 500’s worst start in September in five decades. However, an encouraging report on the services sector soothed nerves somewhat and partially eroded the losses. As markets extended last week’s losses on Tuesday, the Dow Jones Industrial Average (DJIA) dropped 0.9% to settle at 11,139.30. The Standard &#38; Poor 500 looks to be on course for its worst quarterly loss since the last quarter of 2008, and it shed 0.7% to close at 1,165.24 yesterday. The Nasdaq Composite Index logged a 0.3% loss to finish the day at 2,473.83. The fear-gauge CBOE Volatility Index (VIX) had its ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AXP) Stock Market News for August 26, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/08/26/axp-stock-market-news-for-august-26-2011-market-news/82114</link>
		<comments>http://www.stockbloghub.com/2011/08/26/axp-stock-market-news-for-august-26-2011-market-news/82114#comments</comments>
		<pubDate>Fri, 26 Aug 2011 17:27:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Credit Services]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></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[Capital One Financial Corporation]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[COF]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[DFS]]></category>
		<category><![CDATA[Discover Financial Services]]></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[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=82114</guid>
		<description><![CDATA[Tense investors chose to raise cash ahead of the Federal Chairman’s speech at Jackson Hole and subsequently dragged the benchmarks lower, negating the effect of Warren Buffet’s $5 billion investment in Bank of America. Additionally, the jobs market painted another gloomy picture of the economy as initial claims grew. The benchmarks registered its first day of losses for the week and ended their three-day rally. The Dow Jones Industrial Average (DJIA) slid 1.5% to settle at 11,149.82. The blue-chip index had initially gained 85 in the first few minutes of trading, but lost all these gains thereafter. The Standard &#38; Poor 500 (S&#38;P 500) lost 1.6% to close at 1,159.27. The Nasdaq Composite Index plunged 1.9% and finished the day at 2,419.63. The fear-gauge CBOE Volatility Index (VIX) surged to hover ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/26/axp-stock-market-news-for-august-26-2011-market-news/82114/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) The Goldman Sachs Group Sued by National Credit Union Administration</title>
		<link>http://www.stockbloghub.com/2011/08/11/gs-the-goldman-sachs-group-sued-by-national-credit-union-administration/81143</link>
		<comments>http://www.stockbloghub.com/2011/08/11/gs-the-goldman-sachs-group-sued-by-national-credit-union-administration/81143#comments</comments>
		<pubDate>Thu, 11 Aug 2011 19:38:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81143</guid>
		<description><![CDATA[On Tuesday,The Goldman Sachs Group Inc. (GS) was sued by National Credit Union Administration (NCUA), the U.S. regulator of credit unions. The complaint lodged claims that Goldman violated federal and state securities laws and misrepresented documents as an underwriter in the sale of $1.2 billion in mortgage-backed securities. NCUA alleged that Goldman issued misleading statements and omissions related to the mortgage-backed securities, which led to the failure of U.S. Central Federal Credit Union in Lenexa, Kansas, and Western Corporate Federal Credit Union in San Dimas, California.  Further, the agency claims $491 million in damages over losses incurred. Regulators claim the documents used in offering the securities contained untrue statements or omissions, as to how risky the investments to be. These misrepresentations of the risks provoked investors to participate in investments, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/11/gs-the-goldman-sachs-group-sued-by-national-credit-union-administration/81143/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIG) New York Federal Reserve Reports Earnings of $4.68 Billion from AIG Investment Portfolio</title>
		<link>http://www.stockbloghub.com/2011/07/31/aig-new-york-federal-reserve-reports-earnings-of-4-68-billion-from-aig-investment-portfolio/79312</link>
		<comments>http://www.stockbloghub.com/2011/07/31/aig-new-york-federal-reserve-reports-earnings-of-4-68-billion-from-aig-investment-portfolio/79312#comments</comments>
		<pubDate>Mon, 01 Aug 2011 04:06:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></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[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Fifth Street Finance Corporation]]></category>
		<category><![CDATA[FSC]]></category>
		<category><![CDATA[Rambus Inc.]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[RMBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=79312</guid>
		<description><![CDATA[The New York Federal Reserve (Fed) has reported that it earned about $4.68 billion from American International Group Inc.’s (]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/31/aig-new-york-federal-reserve-reports-earnings-of-4-68-billion-from-aig-investment-portfolio/79312/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NMI) Stock Market News for July 7, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/07/07/nmi-stock-market-news-for-july-7-2011-market-news/78550</link>
		<comments>http://www.stockbloghub.com/2011/07/07/nmi-stock-market-news-for-july-7-2011-market-news/78550#comments</comments>
		<pubDate>Thu, 07 Jul 2011 17:02:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[ABFS]]></category>
		<category><![CDATA[ADP]]></category>
		<category><![CDATA[Arkansas Best Corporation]]></category>
		<category><![CDATA[Automatic Data Processing Inc]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[CNW]]></category>
		<category><![CDATA[Con-Way Inc.]]></category>
		<category><![CDATA[FDX]]></category>
		<category><![CDATA[FedEx Corporation]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></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[NMI]]></category>
		<category><![CDATA[Nuveen Municipal Income Fund Inc]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[UACL]]></category>
		<category><![CDATA[United Parcel Service Inc.]]></category>
		<category><![CDATA[Universal Truckload Services Inc]]></category>
		<category><![CDATA[UPS]]></category>
		<category><![CDATA[XLF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78550</guid>
		<description><![CDATA[Markets moved up modestly, boosted by transportation shares on Wednesday, but concerns emanating from economic data and Portugal’s downgrade kept gains in check. Additionally, investors refrained from betting big bucks as they await significant reports this week. The Dow Jones Industrial Average (DJIA) gained 0.5% to settle at 12,626.02. The Standard &#38; Poor 500 (S&#38;P 500) moved up 0.1% to finish the day at 1,339.22. The Nasdaq Composite Index closed at 2,834.02, after gaining 0.3%. Investors continued to adopt a wait-and-watch attitude as trading volumes remained significantly low. On the New York Stock Exchange (NYSE), AMEX and Nasdaq, consolidated volumes were 5.98 billion, compared to last year&#8217;s daily average of 8.47 billion shares. On the NYSE, the mood was dominated by the advancers as for every eight stocks that gained, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/07/nmi-stock-market-news-for-july-7-2011-market-news/78550/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(C) Citigroup Partners With Vietnam Brokerage Firm Horizon Securities</title>
		<link>http://www.stockbloghub.com/2011/07/01/c-citigroup-partners-with-vietnam-brokerage-firm-horizon-securities/78223</link>
		<comments>http://www.stockbloghub.com/2011/07/01/c-citigroup-partners-with-vietnam-brokerage-firm-horizon-securities/78223#comments</comments>
		<pubDate>Fri, 01 Jul 2011 20:35:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></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=78223</guid>
		<description><![CDATA[Citigroup Inc. (C) is expanding its business in the Asian countries. The company acquired a 9.9% stake in Horizon Securities Corp., a Vietnam brokerage company. Financial terms of the deal, which is subject to regulatory approval, were kept confidential. Headquartered in Ho Chi Minh City and founded in 2006, Horizon Securities is a privately held firm that offers brokerage and corporate finance services. It is a unit of Horizon Capital Group. This stake purchase includes Citi among the first foreign financial institutions to partner with a local Vietnam securities firm. The expansion in the Vietnam market reflects the expectation of a rebound in its economic conditions and stock market in the days ahead. The country is currently experiencing high inflation and its stock market is trading low. However, the region ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/01/c-citigroup-partners-with-vietnam-brokerage-firm-horizon-securities/78223/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BX) Blackstone Group to Buy Royal Bank of Scotland Group&#8217;s Risky Loans</title>
		<link>http://www.stockbloghub.com/2011/07/01/bx-blackstone-group-to-buy-royal-bank-of-scotland-groups-risky-loans/78221</link>
		<comments>http://www.stockbloghub.com/2011/07/01/bx-blackstone-group-to-buy-royal-bank-of-scotland-groups-risky-loans/78221#comments</comments>
		<pubDate>Fri, 01 Jul 2011 20:34:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BX]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[The Blackstone Group]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78221</guid>
		<description><![CDATA[On Thursday, the Financial Times reported that Blackstone Group (BX) has agreed to purchase risky commercial-property loans worth 1.4 billion pounds ($2.3 billion) from U.K.-based Royal Bank of Scotland Group Plc (RBS). Blackstone would buy a 25% stake in the loan portfolio and also takeover the management of the assets, in an attempt to recover as much value as possible. The loan portfolio includes some of the most problem property loans in nursing homes, pubs, auto showrooms and parking garages. Additionally, these loans require proper management and working with borrowers either for restructuring or for sale. Blackstone has substantial experience in dealing with such loan portfolios, mainly in the U.S. The company, along with RBS, anticipates about 12–15% return on the loans. Moreover, RBS would have a share of profits ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/01/bx-blackstone-group-to-buy-royal-bank-of-scotland-groups-risky-loans/78221/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>(JPM) Will Credit Unions Replace Banks?</title>
		<link>http://www.stockbloghub.com/2011/06/22/jpm-will-credit-unions-replace-banks/77124</link>
		<comments>http://www.stockbloghub.com/2011/06/22/jpm-will-credit-unions-replace-banks/77124#comments</comments>
		<pubDate>Wed, 22 Jun 2011 19:17:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Economic Crises]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MA]]></category>
		<category><![CDATA[Mastercard Incorporated]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[V]]></category>
		<category><![CDATA[Visa Inc]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77124</guid>
		<description><![CDATA[On the one hand, banks are figuring out ways to recover some money that they are bound to lose due to the imminent cut in interchange fees, as dictated in the Wall Street reform legislation last year. On the other hand, credit unions are gaining more popularity among consumers as alternatives to banks for their higher rates and lower fees. This recent development in the banking sector was reported in The Street on Tuesday. The trend is expected to gradually transmit the profit origin of banks to the credit unions. The obvious question that now arises is –– will these credit unionsbe able to replace banks? Like the Federal Deposit Insurance Corporation (FDIC) guarantees bank deposits, The National Credit Union Administration (NCUA) supervises the nation&#8217;s credit unions and guarantees their ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/22/jpm-will-credit-unions-replace-banks/77124/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) JPMorgan Chase and Royal Bank of Scotland PLC Accused of Deceit</title>
		<link>http://www.stockbloghub.com/2011/06/21/jpm-jpmorgan-chase-and-royal-bank-of-scotland-plc-accused-of-deceit/76995</link>
		<comments>http://www.stockbloghub.com/2011/06/21/jpm-jpmorgan-chase-and-royal-bank-of-scotland-plc-accused-of-deceit/76995#comments</comments>
		<pubDate>Wed, 22 Jun 2011 00:31:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76995</guid>
		<description><![CDATA[The U.S. credit union regulator, the National Credit Union Administration (NCUA), sued JPMorgan Chase &#38; Co. (JPM) and Royal Bank of Scotland PLC (RBS) on Monday alleging that these banks had deceived five large credit unions by selling more than $3 billion high-risk mortgage-backed securities that were expected to underperform.The NCUA seeks to recover about $840 million in losses at five wholesale credit unions through these lawsuits. What Went Wrong? At the time of selling investment vehicles backed by mortgages to these corporate credit unions, JPMorgan and Royal Bank of Scotland made several misrepresentations in the offer documents to make them believe that these investments are attractive and less risky. In reality, however, these securities were laden with heavy risks. Also misleading were the AAA investment grade given to the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/21/jpm-jpmorgan-chase-and-royal-bank-of-scotland-plc-accused-of-deceit/76995/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(CAT) Caterpillar Updates on Euro Bonds</title>
		<link>http://www.stockbloghub.com/2011/06/16/cat-caterpillar-updates-on-euro-bonds/75745</link>
		<comments>http://www.stockbloghub.com/2011/06/16/cat-caterpillar-updates-on-euro-bonds/75745#comments</comments>
		<pubDate>Thu, 16 Jun 2011 15:07:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[CAT]]></category>
		<category><![CDATA[Caterpillar Inc.]]></category>
		<category><![CDATA[CNH]]></category>
		<category><![CDATA[CNH Global NV]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=75745</guid>
		<description><![CDATA[Caterpillar Inc. (CAT) issued updates on the Euro bonds offered last week. These updates were related to the yield, spread and rating of the bonds. The borrower of the bonds is the financial wing of the company, Caterpillar International Finance Ltd, while the guarantor is Caterpillar Financial Services Corp. The company offered €600 million bonds last week priced at €99.935, with a coupon rate of 2.75%. The settlement date for the offer is June 6, 2011, while the date of maturity is June 6, 2014. The yield on the bonds is 2.773% while the spread is 42 basis points more than the German government bonds. The lead managers to the offer are Royal Bank of Scotland Group plc (RBS) and Societe Generale Group. Moody’s and S&#38;P provided &#8216;A2 &#8216;and &#8216;A&#8217; ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/16/cat-caterpillar-updates-on-euro-bonds/75745/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MS) Morgan Stanley Sets Up Joint Venture in China</title>
		<link>http://www.stockbloghub.com/2011/06/16/ms-morgan-stanley-sets-up-joint-venture-in-china/76186</link>
		<comments>http://www.stockbloghub.com/2011/06/16/ms-morgan-stanley-sets-up-joint-venture-in-china/76186#comments</comments>
		<pubDate>Thu, 16 Jun 2011 14:45:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76186</guid>
		<description><![CDATA[On Friday, Morgan Stanley (MS) announced the launch of its joint venture (JV) with the Chinese securities firm China Fortune Securities Co., better known as Huaxin Securities Co. The new entity will be known as Morgan Stanley Huaxin Securities. In China, foreign banks need to form JVs with local companies in order to enter the emerging equity and debt markets. Morgan Stanley had received the approval for the JV from the China Securities Regulatory Commission (CSRC) in January. The company has a 33% stake in the JV, the maximum allowed to any foreign company by the Chinese regulators. The registered capital of the JV will be 1.02 billion yuan ($157.5 million). The JV will allow Morgan Stanley to underwrite bonds and stocks in the fastest growing Chinese markets. Morgan Stanley ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/16/ms-morgan-stanley-sets-up-joint-venture-in-china/76186/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MCO) Rating Woes for U.K. Banks</title>
		<link>http://www.stockbloghub.com/2011/06/10/mco-rating-woes-for-u-k-banks/74923</link>
		<comments>http://www.stockbloghub.com/2011/06/10/mco-rating-woes-for-u-k-banks/74923#comments</comments>
		<pubDate>Fri, 10 Jun 2011 17:20:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Credit Services]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[ICB]]></category>
		<category><![CDATA[IRE]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[Morgan Stanley Income Securities Inc]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[The Governor and Company of The Bank of Ireland]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74923</guid>
		<description><![CDATA[Rating downgrade woes have plagued the U.K. banks. Rating agency Moody’s Investors Service, a wing of Moody&#8217;s Corp. (MCO), placed 14 U.K. banks and building societies on review for potential credit rating downgrades following the reluctance of the government to provide bailouts in future. The rating reassessment does not reflect a financial weakness either in the banking system or  in the part of the government. Rather, the assessment comes following the U.K. authorities initiatives to reduce capital injections from taxpayers’ money for banks that fail in the future. Government support is an important factor and accounts for the perked up ratings for banks. In fact, a bank with a higher rating helps it to enjoy lower banks&#8217; costs of funding. Therefore, with a downgrade, banks would face an increase in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/10/mco-rating-woes-for-u-k-banks/74923/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(GS) The Goldman Sachs Group Sells Litton to Ocwen</title>
		<link>http://www.stockbloghub.com/2011/06/09/gs-the-goldman-sachs-group-sells-litton-to-ocwen/75812</link>
		<comments>http://www.stockbloghub.com/2011/06/09/gs-the-goldman-sachs-group-sells-litton-to-ocwen/75812#comments</comments>
		<pubDate>Thu, 09 Jun 2011 17:44:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></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[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[OCN]]></category>
		<category><![CDATA[Ocwen Financial Corporation]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=75812</guid>
		<description><![CDATA[On Monday, The Goldman Sachs Group Inc. (GS) announced the sale of its mortgage-servicing subsidiary, Litton Loan Servicing to Ocwen Financial Corp. (OCN) for about $263.7 million. Some of the assets of Litton will be retained by Goldman, which is not reflected in the sale price. The sell off follows the writing down of mortgage-servicing business worth $200 million by Goldman two months ago. As per the terms of the deal, Ocwen will enter a new $2.47 billion loan for servicing advances and pay $337.4 million to retire a part of its debt, which Litton owes to Goldman. Further, Ocwen would receive $575 million of senior secured loan from Barclays plc (BCS) in order to finance the deal. Additionally, the transaction will provide Ocwen with $41.2 billion of servicing portfolio ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/09/gs-the-goldman-sachs-group-sells-litton-to-ocwen/75812/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EU) Non-U.S. Banks Stock Update &#8211; February 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/02/15/eu-non-u-s-banks-stock-update-february-2011-industry-outlook/67033</link>
		<comments>http://www.stockbloghub.com/2011/02/15/eu-non-u-s-banks-stock-update-february-2011-industry-outlook/67033#comments</comments>
		<pubDate>Wed, 16 Feb 2011 02:26:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></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[BBVA Banco Frances S.A.]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BFR]]></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[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[EU]]></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[Mitsubishi UFJ Financial Group Inc]]></category>
		<category><![CDATA[MTU]]></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[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67033</guid>
		<description><![CDATA[Aided by worldwide regulatory reform, the global banking industry has reached a phase of a transformation in 2011. Since 2010, the industry has been recovering at a moderate pace from the worst financial crisis in history that started as a credit issue in the subprime enclave of the U.S. mortgage market in mid-2007 and spilled over to every corner of the globe. Though the malice spread by the financial crisis is behind us, banks are now dealing with regulatory pressures now that they have been rescued by taxpayers&#8217; money and government intervention. While non-U.S. banks are still facing liquidity and confidence challenges, government intervention to alleviate industry concerns have significantly raised political hurdles in the sector over time. Politics will continue to influence lending decisions of banks until they repay ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/02/15/eu-non-u-s-banks-stock-update-february-2011-industry-outlook/67033/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EU) Non-U.S. Banks Stock Update &#8211; November 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/11/16/eu-non-u-s-banks-stock-update-november-2010-industry-outlook/59617</link>
		<comments>http://www.stockbloghub.com/2010/11/16/eu-non-u-s-banks-stock-update-november-2010-industry-outlook/59617#comments</comments>
		<pubDate>Wed, 17 Nov 2010 02:22:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></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[Bancolombia S.A.]]></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[CIB]]></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[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[Mitsubishi UFJ Financial Group Inc]]></category>
		<category><![CDATA[MTU]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></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>
		<category><![CDATA[WBK]]></category>
		<category><![CDATA[Westpac Banking Corporation]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59617</guid>
		<description><![CDATA[The global banking industry has been recovering at a slow pace from the worst financial crisis that started as a credit issue in the subprime segment of the U.S. mortgage market in mid-2007 and spilled over to Europe and other economies. Though the worst of the financial crisis is behind us, there remain major challenges following the intervention of governments to rescue and stabilize the global banking system. 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. Consequently, political interference in the sector has increased significantly over time, which has added to existing financial risks. Politics will continue to influence the banks’ lending decisions until they repay the government money. According ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/16/eu-non-u-s-banks-stock-update-november-2010-industry-outlook/59617/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Goldman Sachs Group&#8217;s Disclosure Delay Earns Fine</title>
		<link>http://www.stockbloghub.com/2010/11/12/gs-goldman-sachs-groups-disclosure-delay-earns-fine/58784</link>
		<comments>http://www.stockbloghub.com/2010/11/12/gs-goldman-sachs-groups-disclosure-delay-earns-fine/58784#comments</comments>
		<pubDate>Fri, 12 Nov 2010 19:46:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=58784</guid>
		<description><![CDATA[Goldman Sachs Group Inc. (GS) has been fined $650,000 by The Financial Industry Regulatory Authority (FINRA) for its failure to disclose within a stipulated time the receipt of Wells Notice by two of its registered representatives.The Wells Notice was issued in relation with the offering of asynthetic collateralized debt obligation called ABACUS 2007-ACI (Abacus). The two representatives ? one Fabrice Tourre and an undisclosed employee ? were served the Wells Notice by the Securities and Exchange Commission (SEC). Typically, a Wells notice is, in effect, an indication that the SEC intends to file an enforcement action against the person or entity to whom the notice is addressed. Any Wells Notice needs to be reported to FINRA within 30 days of receipt. However, it was found that that this information was ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/12/gs-goldman-sachs-groups-disclosure-delay-earns-fine/58784/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<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>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Goldman Sachs Group Eyes Royal Bank of Scotland&#8217;s Property Loans</title>
		<link>http://www.stockbloghub.com/2010/10/07/gs-goldman-sachs-group-eyes-royal-bank-of-scotlands-property-loans/54045</link>
		<comments>http://www.stockbloghub.com/2010/10/07/gs-goldman-sachs-group-eyes-royal-bank-of-scotlands-property-loans/54045#comments</comments>
		<pubDate>Thu, 07 Oct 2010 16:17:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BX]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[The Blackstone Group]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=54045</guid>
		<description><![CDATA[Goldman Sachs Group Inc. (GS) is considering a bid to buy Royal Bank of Scotland plc.’s (RBS) GBP3 billion ($4.8 billion) property loans portfolio, according to the Sunday Times. Besides Goldman, Lone Star Funds and Blackstone Group LP (BX) are also said to be in the race for purchasing the loan portfolio. The first round of bids is expected to be submitted within a couple of weeks. The financial crisis had severely jolted Royal Bank of Scotland though it managed to stay afloat with the government’s help. The company is disposing some of its assets as part of its efforts to right-size the balance sheet. In a separate development, Goldman is said to have removed the pay cap on its employees in the U.K. The company has provided stock awards ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/07/gs-goldman-sachs-group-eyes-royal-bank-of-scotlands-property-loans/54045/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTB) M&amp;T Bank and Banco Santander SA Deal Stalls Again &#8211; End near?</title>
		<link>http://www.stockbloghub.com/2010/10/03/mtb-mt-bank-and-banco-santander-sa-deal-stalls-again-end-near/52844</link>
		<comments>http://www.stockbloghub.com/2010/10/03/mtb-mt-bank-and-banco-santander-sa-deal-stalls-again-end-near/52844#comments</comments>
		<pubDate>Mon, 04 Oct 2010 05:28:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Northeast Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[Banco Santander S.a.]]></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=52844</guid>
		<description><![CDATA[The M&#38;T Bank (MTB) and Banco Santander SA (STD) deal has stalled again, according to a Wall Street Journal report. The deal is said to be dead since the companies failed to reach a consensus on who will control the merged entity. The deal has been a matter of discussion for several months. Santander sought to merge Sovereign Bank, its U.S. unit, with M&#38;T Bank, buy Allied Irish Banks plc.’s (AIB) 22.5% stake in M&#38;T and take over the control of the merged entity while M&#38;T Bank intended to merge itself with Sovereign but retain its control. The deal therefore needed a compromise. The M&#38;T Bank regulators are said to be unenthusiastic about the deal as they fear that the merger with Sovereign would undermine the company’s operational efficiencies. While ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTB) M&amp;T Bank May Sell Majority Stake to Banco Santander SA</title>
		<link>http://www.stockbloghub.com/2010/09/21/mtb-mt-bank-may-sell-majority-stake-to-banco-santander-sa/52440</link>
		<comments>http://www.stockbloghub.com/2010/09/21/mtb-mt-bank-may-sell-majority-stake-to-banco-santander-sa/52440#comments</comments>
		<pubDate>Wed, 22 Sep 2010 03:12:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Northeast 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[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=52440</guid>
		<description><![CDATA[M&#38;T Bank (MTB) may sell a majority stake to Banco Santander SA (STD), according to a Bloomberg report. The report also said that the banks are in consultation, though informally, with the Federal Reserve for sketching a deal. They expect to hear from Federal Reserve by the end of this month. Both M&#38;T Bank and Santander have been discussing the deal for several months. Santander seeks to merge Sovereign Bank, its U.S. unit, with M&#38;T Bank and take over the control of the entity while M&#38;T Bank intends to merge itself with Sovereign but retain its control. The deal therefore needs a compromise. It may be structured in such a way that Sovereign Bank gets merged with M&#38;T Bank while Santander initially starts with a minority stake in the combined ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/21/mtb-mt-bank-may-sell-majority-stake-to-banco-santander-sa/52440/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(WYN) Wyndham Worldwide Issues Senior Notes</title>
		<link>http://www.stockbloghub.com/2010/09/20/wyn-wyndham-worldwide-issues-senior-notes/51991</link>
		<comments>http://www.stockbloghub.com/2010/09/20/wyn-wyndham-worldwide-issues-senior-notes/51991#comments</comments>
		<pubDate>Mon, 20 Sep 2010 07:53:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Lodging]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[CHH]]></category>
		<category><![CDATA[Choice Hotels International Inc]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></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[WYN]]></category>
		<category><![CDATA[Wyndham Worldwide Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=51991</guid>
		<description><![CDATA[Wyndham Worldwide Corporation (WYN) announced the pricing of $250 million unsecured senior notes. The senior notes bear an annual interest rate of 5.75% and will mature in eight years.  The interest will be paid semi annually on February 1 and August 1 of each year, commencing February 1, 2011. The senior note offering is expected to close by September 20, 2010. The company plans to use the sale proceeds from the offering to finance outstanding debt and other corporate general purposes.  The notes were offered to the public at a price of 99.949% of principal amount. Management considers the current financial environment suitable for note offering as the historically low interest rate level is prevailing in the market. Wyndham has made the offer through Banc of America Securities LLC, a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/20/wyn-wyndham-worldwide-issues-senior-notes/51991/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SRDX) SurModics Analyst Maintains Neutral Rating on Shares</title>
		<link>http://www.stockbloghub.com/2010/09/14/srdx-surmodics-analyst-maintains-neutral-rating-on-shares/51392</link>
		<comments>http://www.stockbloghub.com/2010/09/14/srdx-surmodics-analyst-maintains-neutral-rating-on-shares/51392#comments</comments>
		<pubDate>Tue, 14 Sep 2010 13:16:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diagnostic Substances]]></category>
		<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[JNJ]]></category>
		<category><![CDATA[Johnson & Johnson]]></category>
		<category><![CDATA[Merck & Company Inc]]></category>
		<category><![CDATA[MRK]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[SRDX]]></category>
		<category><![CDATA[SurModics Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=51392</guid>
		<description><![CDATA[SurModics (SRDX), headquartered in Eden Prairie, Minnesota, is a provider of surface modification and drug delivery technologies to the healthcare industry. Following the changes in operational structure affected in 2008, the company currently operates through the following business units: cardiovascular, ophthalmology, SurModics pharmaceuticals (constituting the &#8220;therapeutic&#8221; segment) and In Vitro Technologies (diagnostics). Surmodics performed disappointingly in the most recent quarter. Earnings came in at $0.11 per share, short of the year-ago earnings by $0.09. We are encouraged by SurModics’ license agreement with Australian company Clinuvel Pharmaceuticals. The deal allows SurModics’ pharmaceuticals unit to license some of its biodegradable polymer implant technology to Clinuvel. The market opportunity for Clinuvel&#8217;s afamelanotide for ultraviolet (UV) related disorders being evaluated by the company is estimated by the Royal Bank of Scotland (RBS) to exceed ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Goldman Sachs Group is Fined $27 Million by U.K. Financial Services Authority</title>
		<link>http://www.stockbloghub.com/2010/09/10/gs-goldman-sachs-group-is-fined-27-million-by-u-k-financial-services-authority/51067</link>
		<comments>http://www.stockbloghub.com/2010/09/10/gs-goldman-sachs-group-is-fined-27-million-by-u-k-financial-services-authority/51067#comments</comments>
		<pubDate>Sat, 11 Sep 2010 05:44:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=51067</guid>
		<description><![CDATA[Goldman Sachs Group Inc. (GS) has been fined £17.5 million ($27 million) for its failure to comply with the principles of the U.K. Financial Services Authority (FSA). FSA has fined Goldman’s London-based unit Goldman Sachs International for not satisfying UK regulatory reporting obligations. Goldman Sachs International failed to disclose to the U.K. authorities about the scrutiny being carried out by the U.S. Securities and Exchange Commission (SEC) on one of its London-based executives in connection with the Abacus 2007-AC1 synthetic collateralized debt obligation (Abacus). SEC Charges SEC claimed that Goldman Sachs created an investment vehicle named Abacus 2007-AC1, comprising subprime mortgage-backed securities. It was created just at the onset of the housing bubble bursting. The investors were informed by Goldman that the mortgage bonds would be selected by an independent ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/10/gs-goldman-sachs-group-is-fined-27-million-by-u-k-financial-services-authority/51067/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AAPL) Company News for September 10, 2010 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2010/09/10/aapl-company-news-for-september-10-2010-corporate-summary/51002</link>
		<comments>http://www.stockbloghub.com/2010/09/10/aapl-company-news-for-september-10-2010-corporate-summary/51002#comments</comments>
		<pubDate>Fri, 10 Sep 2010 15:48:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Personal Computers]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[ADBE]]></category>
		<category><![CDATA[Adobe Systems Inc.]]></category>
		<category><![CDATA[Apple Inc.]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCR]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[CMA]]></category>
		<category><![CDATA[Comerica Incorporated]]></category>
		<category><![CDATA[Computer Sciences Corporation]]></category>
		<category><![CDATA[Cr Bard Inc]]></category>
		<category><![CDATA[CSC]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[INTU]]></category>
		<category><![CDATA[Intuit Inc.]]></category>
		<category><![CDATA[JEF]]></category>
		<category><![CDATA[Jefferies Group Inc.]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[MDT]]></category>
		<category><![CDATA[Medtronic Inc]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[National Semiconductor Corporation]]></category>
		<category><![CDATA[NOK]]></category>
		<category><![CDATA[Nokia Corporation]]></category>
		<category><![CDATA[NSM]]></category>
		<category><![CDATA[Piper Jaffray Companies]]></category>
		<category><![CDATA[PJC]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[Texas Instruments Inc.]]></category>
		<category><![CDATA[TXN]]></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=51002</guid>
		<description><![CDATA[• National Semiconductor (NYSE:NSM) posted fiscal first quarter results of 36 cents a share, one cent below estimates, on revenues of $412 million, below consensus projections of $415 million. The company CEO noted, &#8220;In the near term, slower growth in our end markets and distribution channel, along with some likely inventory reduction, will mute the seasonal growth that we would normally see in our business during this time of the year,&#8221; cutting the near-term revenue outlook to $415 million from $390 million • Texas Instruments (NYSE:TXN) narrowed guidelines for third quarter sales and earnings • Nokia (NYSE:NOK) replaced its CEO with Microsoft&#8217;s (NASDAQ:MSFT) Stephen Elop • Piper Jaffray (NYSE:PJC) upgraded Moody&#8217;s (NYSE:MCO) to &#8220;overweight&#8221; from &#8220;neutral,&#8221; taking the price target from $29 to $31 • Deutsche Bank (NYSE:DB) initiated coverage of Medtronics (NYSE:MDT) at a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/10/aapl-company-news-for-september-10-2010-corporate-summary/51002/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(HEW) Aon Sets Public Offering of Senior Notes for Hewitt Associates Purchase</title>
		<link>http://www.stockbloghub.com/2010/09/08/hew-aon-sets-public-offering-of-senior-notes-for-hewitt-associates-purchase/50872</link>
		<comments>http://www.stockbloghub.com/2010/09/08/hew-aon-sets-public-offering-of-senior-notes-for-hewitt-associates-purchase/50872#comments</comments>
		<pubDate>Thu, 09 Sep 2010 04:21:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Management Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[HEW]]></category>
		<category><![CDATA[Hewitt Associates Inc.]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></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=50872</guid>
		<description><![CDATA[To finance the acquisition of Hewitt Associates, Inc. (HEW), Aon Corporation (AON) has priced its public offering of senior unsecured notes aggregating $1.5 billion. Aon anticipates closing the notes offering subject to customary closing conditions on September 10. Aon will sell its notes in three parts, of which $600 million will mature on September 30, 2015 at a coupon of 3.50%. Another $600 million will bear a coupon of 5% maturing on September 30, 2020. The remaining $300 million will mature on September 30, 2040, carrying a coupon of 6.25%. Aon will deposit the net proceeds from the notes offering into an escrow account, until the merger deal is completed, which is scheduled by mid-November. Aon issued the notes by securing a bridge loan on August 13. The credit agreement ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/08/hew-aon-sets-public-offering-of-senior-notes-for-hewitt-associates-purchase/50872/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AET) Aetna Issues $750 Million in 10-Year Notes</title>
		<link>http://www.stockbloghub.com/2010/08/26/aet-aetna-issues-750-million-in-10-year-notes/49356</link>
		<comments>http://www.stockbloghub.com/2010/08/26/aet-aetna-issues-750-million-in-10-year-notes/49356#comments</comments>
		<pubDate>Thu, 26 Aug 2010 16:48:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Health Care Plans]]></category>
		<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[AET]]></category>
		<category><![CDATA[Aetna Inc.]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=49356</guid>
		<description><![CDATA[Aetna Inc. (AET), one of leading U.S. health care providers, yesterday announced the offering of 10-year notes amounting to $750 million. The size of the issue was originally $500 million. The proceeds from the issue will be used to retire commercial paper and for general corporate purpose. Aetna had $697 million of commercial paper outstanding as of June 30, 2010. The notes, which are denominated as senior notes, carry a rating of “Baa1” from Moody’s Investors Service, a subsidiary of Moody’s Corp. (MCO) and “A-” from both Standard &#38; Poor’s and Fitch. Interest at the rate of 3.95% will be payable on the notes twice a year. Barclays Capital, The Royal Bank of Scotland (RBS) and UBS (UBS) were the joint bookrunning managers for the sale. Prior to this, in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/26/aet-aetna-issues-750-million-in-10-year-notes/49356/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STD) Banco Santander SA on Acquisition Spree</title>
		<link>http://www.stockbloghub.com/2010/08/23/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>(HEW) Aon Borrows $2.5 Billion for Hewitt Associates Deal</title>
		<link>http://www.stockbloghub.com/2010/08/18/hew-aon-borrows-2-5-billion-for-hewitt-associates-deal/48193</link>
		<comments>http://www.stockbloghub.com/2010/08/18/hew-aon-borrows-2-5-billion-for-hewitt-associates-deal/48193#comments</comments>
		<pubDate>Wed, 18 Aug 2010 18:28:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Management Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[HEW]]></category>
		<category><![CDATA[Hewitt Associates Inc.]]></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=48193</guid>
		<description><![CDATA[Moving ahead with its latest deal, Aon Corp. (AON) is arranging funds for the acquisition of Hewitt Associates Inc. (HEW) through some credit agreements with a financial syndicate, which are estimated to be worth approximately $2.5 billion. The deal is scheduled to close by mid-November. Accordingly, Aon borrowed $1 billion by entering into a three-year term credit agreement with Credit Suisse AG (CS) that acted as the administrative agent. In addition, Morgan Stanley Senior Funding Inc. of  Morgan Stanley (MS) acted as the syndication agent, while Bank of America Corp. (BAC), Deutsche Bank Securities Inc. of Deutsche Bank AG (DB) and RBS Securities Inc. of Royal Bank of Scotland Group PI (RBS) were the co-documentation agents for the credit agreement. In a separate arrangement, Aon raised another $1.5 billion by ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/18/hew-aon-borrows-2-5-billion-for-hewitt-associates-deal/48193/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>
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		<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>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/02/bcs-seven-european-banks-fail-stress-tests/44894/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Goldman Sachs Group Agrees to Pay Fine</title>
		<link>http://www.stockbloghub.com/2010/07/16/gs-goldman-sachs-group-agrees-to-pay-fine/43693</link>
		<comments>http://www.stockbloghub.com/2010/07/16/gs-goldman-sachs-group-agrees-to-pay-fine/43693#comments</comments>
		<pubDate>Sat, 17 Jul 2010 04:18:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=43693</guid>
		<description><![CDATA[On Thursday, The Goldman Sachs Group Inc. (GS) announced that it would pay $550 million to the Securities and Exchange Commission (SEC) to settle a civil fraud suit linked to mortgage investments, which was filed in April. The SEC had alleged that Goldman sold mortgage-related investments without advising buyers that the securities had been gambled by a client who was betting on them to fail. SEC claimed that Goldman created an investment vehicle named Abacus 2007-AC1 in February 2007, comprising subprime mortgage-backed securities. It was created just at the time when the housing markets started to crumble. Further, the investors were told by Goldman that the mortgage bonds would be selected by an independent manager. However, according to the charges, Goldman asked its client Paulson &#38; Co. to select those ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) JPMorgan Chase &amp; Company Powers Ahead</title>
		<link>http://www.stockbloghub.com/2010/07/15/jpm-jpmorgan-chase-company-powers-ahead/43545</link>
		<comments>http://www.stockbloghub.com/2010/07/15/jpm-jpmorgan-chase-company-powers-ahead/43545#comments</comments>
		<pubDate>Thu, 15 Jul 2010 21:23:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></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[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=43545</guid>
		<description><![CDATA[JPMorgan Chase &#38; Company’s (JPM) second quarter earnings came in at $1.09 per share, substantially ahead of the Zacks Consensus Estimate of 71 cents. The results also soared from the earnings of 28 cents in the prior-year quarter. The very impressive results were primarily supported by a slowdown in loan loss reserves, which more than offset a pressure on trading and investment banking revenues and a $550 million charge related to the U.K. bonus tax. Behind the Headlines Net income available to common shareholders was $4.8 billion, up 76% from $2.7 billion in the prior-year quarter. A significantly lower provision for credit losses primarily drove the results. However, lower revenues and higher non-interest expenses were the offsetting factors. Managed net revenues for the quarter came in at $25.6 billion, down ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(SRDX) SurModics Signs Deal With Australian company Clinuvel Pharmaceuticals</title>
		<link>http://www.stockbloghub.com/2010/07/11/srdx-surmodics-signs-deal-with-australian-company-clinuvel-pharmaceuticals/43083</link>
		<comments>http://www.stockbloghub.com/2010/07/11/srdx-surmodics-signs-deal-with-australian-company-clinuvel-pharmaceuticals/43083#comments</comments>
		<pubDate>Sun, 11 Jul 2010 14:21:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diagnostic Substances]]></category>
		<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[Angiotech Pharmaceuticals Inc]]></category>
		<category><![CDATA[ANPI]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[SRDX]]></category>
		<category><![CDATA[SurModics Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=43083</guid>
		<description><![CDATA[Recently, SurModics Inc. (SRDX) inked a licensing deal with Australian company Clinuvel Pharmaceuticals Limited. The deal allows SurModics’ pharmaceuticals unit, which provides proprietary polymer-based drug delivery technologies to companies developing advanced pharmaceutical products, to license some of its biodegradable polymer implant technology to the Melbourne-based company. The technology is used for treating sun-induced skin disorders. The clauses of the deal were undisclosed. The two companies have been working together to develop Clinuvel&#8217;s proprietary sustained release SCENESSE (afamelanotide) implant formulation for many years. The formulation is being developed as a preventive treatment for ultraviolet (UV) and light-related dermatological deficiencies. The implant is being studied for treating a range of dermatological disorders not only in Australia but also in Europe. SurModics’ biodegradable polymer drug delivery technology permits afamelanotide to be released in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/07/11/srdx-surmodics-signs-deal-with-australian-company-clinuvel-pharmaceuticals/43083/feed</wfw:commentRss>
		<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>
		<wfw:commentRss>http://www.stockbloghub.com/2010/07/07/hbc-hsbc-holdings-announces-it-will-acquire-royal-bank-of-scotlands-indian-unit/42777/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(JPM) JPMorgan Closes RBS-Sempra Deal</title>
		<link>http://www.stockbloghub.com/2010/07/03/jpm-jpmorgan-closes-rbs-sempra-deal/42215</link>
		<comments>http://www.stockbloghub.com/2010/07/03/jpm-jpmorgan-closes-rbs-sempra-deal/42215#comments</comments>
		<pubDate>Sat, 03 Jul 2010 15:20:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></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[Sempra Energy]]></category>
		<category><![CDATA[SRE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=42215</guid>
		<description><![CDATA[On Thursday, JPMorgan Chase &#38; Co. (JPM) announced the completion of its previously announced deal to buy Royal Bank of Scotland Group plc&#8216;s (RBS) non-U.S. commodities joint venture RBS-Sempra Commodities LLP. The final acquisition price was $1.6 billion. The deal, which was announced by JPMorgan in February 2010, received the European Union’s (EU) approval in June 2010. The approval follows the Commission’s careful examination of the operations of both the companies. According to the Commission&#8217;s examination, there are limited horizontal overlaps between the operations of JPMorgan and RBS-Sempra. As a result, the deal would not obstruct effective competition in the operating area of the companies in Europe. In order to comply with the European Union rules, RBS decided to sell its 51% stake in RBS-Sempra, which it jointly owns with ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/07/03/jpm-jpmorgan-closes-rbs-sempra-deal/42215/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SRE) Sempra Energy Unloads Joint Venture to JPMorgan Chase</title>
		<link>http://www.stockbloghub.com/2010/07/03/sre-sempra-energy-unloads-joint-venture-to-jpmorgan-chase/42253</link>
		<comments>http://www.stockbloghub.com/2010/07/03/sre-sempra-energy-unloads-joint-venture-to-jpmorgan-chase/42253#comments</comments>
		<pubDate>Sat, 03 Jul 2010 15:17:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Gas Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[AGL]]></category>
		<category><![CDATA[AGL Resources Inc]]></category>
		<category><![CDATA[Chesapeake Utilities Corporation]]></category>
		<category><![CDATA[CPK]]></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[Sempra Energy]]></category>
		<category><![CDATA[SRE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=42253</guid>
		<description><![CDATA[Sempra Energy (SRE) completed the sale of its joint venture with Royal Bank of Scotland Group PLC (RBS) – RBS Sempra Commodities to JPMorgan Chase &#38; Co. (JPM). The deal was first announced in February 2010. Through the transaction, J.P. Morgan acquires RBS Sempra Commodities&#8217; global metals and oil businesses, and European natural gas and power businesses. Incorporated in 2008, RBS-Sempra traded commodities ranging from oil and natural gas to metals and agricultural products. However, Sempra Energy retained RBS Sempra Commodities&#8217; remaining North American natural gas and power businesses. These businesses have historically generated almost half of the earnings of the JV. RBS and Sempra Energy are presently actively soliciting offers for the sale of the remaining businesses. Sempra Energy along with its partner Royal Bank of Scotland got richer ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(WM) Waste Management Enters Revolving Credit Agreement</title>
		<link>http://www.stockbloghub.com/2010/06/28/wm-waste-management-enters-revolving-credit-agreement/41863</link>
		<comments>http://www.stockbloghub.com/2010/06/28/wm-waste-management-enters-revolving-credit-agreement/41863#comments</comments>
		<pubDate>Tue, 29 Jun 2010 00:05:31 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Waste Management]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[Casella Waste Systems Inc.]]></category>
		<category><![CDATA[CWST]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Republic Services Inc.]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[RSG]]></category>
		<category><![CDATA[WM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=41863</guid>
		<description><![CDATA[Waste Management Inc (WM) entered into a revolving credit agreement with a syndicate of banks, which allows the company to borrow or repay debt as required up to $2 billion within a period of 3 years. Waste Management‘s wholly-owned subsidiary, Waste Management Holdings Inc., guaranteed for all the obligations under the new facility. The syndicate of banks including Bank of America N.A., a subsidiary of Bank of America Corporation (BAC) acted as administrator. JPMorgan Chase Bank N.A., a wing of JPMorgan Chase &#38; Co. (JPM) and Barclays Capital, an investment banking division of Barclays Bank plc (BCS) acted as co-syndication agents. Deutsche Bank Securities Inc., a subsidiary of Deutsche Bank AG (DB) and the Royal Bank of Scotland plc, part of Royal Bank of Scotland Group Plc (RBS) acted as ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/06/28/wm-waste-management-enters-revolving-credit-agreement/41863/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) JPMorgan Chase &amp; Company Announced Reshuffling Of Top Brass</title>
		<link>http://www.stockbloghub.com/2010/06/25/jpm-jpmorgan-chase-company-announced-reshuffling-of-top-brass/41297</link>
		<comments>http://www.stockbloghub.com/2010/06/25/jpm-jpmorgan-chase-company-announced-reshuffling-of-top-brass/41297#comments</comments>
		<pubDate>Fri, 25 Jun 2010 17:21:07 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></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[Total System Services Inc]]></category>
		<category><![CDATA[TSS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=41297</guid>
		<description><![CDATA[JPMorgan Chase &#38; Company (JPM) announced Tuesday it is shuffling the positions of three top executives, in addition to creating the new President of International position. This is part of the company’s strategy to increase its presence in the international market. JPMorgan named Ms. Heidi Miller, head of Treasury &#38; Securities Services (TSS), as the President of International. While Mr. Michael Cavanagh, Chief Financial Officer (CFO). will succeed Ms. Miller as Chief Executive Officer (CEO) of TSS. Mr. Doug Braunstein, head of Investment Banking, Americas, will replace Mr. Cavanagh as CFO. All these appointments are effective immediately and JPMorgan will soon announce the replacement of Mr. Braunstein as head of Investment Banking, Americas. The role of the President of International will be to enhance JPMorgan’s lines of businesses globally, helping them to speed up, ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) JPMorgan Chase &amp; Co In Preliminary Negotiations to Buy Hedge Fund</title>
		<link>http://www.stockbloghub.com/2010/06/21/jpm-jpmorgan-chase-co-in-preliminary-negotiations-to-buy-hedge-fund/41112</link>
		<comments>http://www.stockbloghub.com/2010/06/21/jpm-jpmorgan-chase-co-in-preliminary-negotiations-to-buy-hedge-fund/41112#comments</comments>
		<pubDate>Tue, 22 Jun 2010 04:06:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[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[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=41112</guid>
		<description><![CDATA[On Monday, the Financial Times reported that JPMorgan Chase &#38; Co (JPM) is undergoing preliminary negotiations to acquire a large Brazilian investment and hedge fund with Gávea Investimentos. The company is going ahead with the talks despite the fact that the impending Volcker Rule will limit the participation of U.S. banks in such activities. The Volcker Rule would restrict banks from making speculative investments like investing in a hedge fund and private equity if these are not on behalf of their customers. JPMorgan&#8217;s plan to move ahead with the discussions reflects its confidence that the Volcker Rule will not stop the banks from buying and owning hedge funds. However, the deal has not been finalized and could still fall apart. The language of the proposed Volcker Rule regulation, which is ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/06/21/jpm-jpmorgan-chase-co-in-preliminary-negotiations-to-buy-hedge-fund/41112/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EU) JPMorgan Chase Gets EU Okay to Buy RBS Sempra Commodities LLP</title>
		<link>http://www.stockbloghub.com/2010/06/18/eu-jpmorgan-chase-gets-eu-okay-to-buy-rbs-sempra-commodities-llp/40759</link>
		<comments>http://www.stockbloghub.com/2010/06/18/eu-jpmorgan-chase-gets-eu-okay-to-buy-rbs-sempra-commodities-llp/40759#comments</comments>
		<pubDate>Fri, 18 Jun 2010 17:48:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></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[Sempra Energy]]></category>
		<category><![CDATA[SRE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=40759</guid>
		<description><![CDATA[The European Union (EU) regulator on Thursday approved JPMorgan Chase &#38; Co. (JPM) to acquire Royal Bank of Scotland Group PLC&#8216;s (RBS) non-U.S. commodities joint venture RBS Sempra Commodities LLP for $1.7 billion. The proposed deal was announced by JPM in February 2010, pending the European Commission’s approval. The approval follows the Commission’s careful examination of the operations of both the companies. According to the Commission&#8217;s examination, there are limited horizontal overlaps between the operations of JPM and RBS-Sempra. As a result, the deal would not obstruct effective competition in the operating area of the companies in Europe. According to the Commission, the merger will create an integrated provider of both financial and physical trading services across the major commodity classes. Royal Bank of Scotland received state aid during the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/06/18/eu-jpmorgan-chase-gets-eu-okay-to-buy-rbs-sempra-commodities-llp/40759/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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