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Zacks News
Moody's Upgrades Credit Suisse Rating to A1, Outlook Stable
by Zacks Equity Research
Credit Suisse Group AG's (CS) long-term rating has been upgraded to A1 by Moody's Investors Service.
Barclays Ratings Upgraded by Moody's; Outlook Negative
by Zacks Equity Research
Moody's Investors Service, the rating services arm of Moody's Corporation (MCO), upgraded the long-term issuer and senior unsecured debt rating of Barclays PLC (BCS) from Baa3 to Baa2.
Barclays (BCS) Inks Deal to Sell Retail Business in France
by Zacks Equity Research
In line with its efforts to simplify operations by vending off non-core businesses, Barclays PLC (BCS) inked a deal to sell its French Retail Banking business to AnaCap Financial Partners, a European private equity firm.
Royal Bank of Scotland Loses Battle to Retain Documents
by Zacks Equity Research
The Royal Bank of Scotland Group plc (RBS) has been ordered to hand over all transcripts, notes and interview records, relating to the shareholder call case, as it recently lost a battle to keep possession of these documents.
Credit Suisse's Shares Climb Over 5% on Cost Savings Drive
by Zacks Equity Research
Shares of the Swiss banking giant, Credit Suisse Group AG (CS), rose over 5% in the last trading session. This is actually a recovery, as the stock declined more than 28% year to date.
HSBC to Increase China Hiring in 2017 for Further Expansion
by Zacks Equity Research
According to Bloomberg, HSBC Holdings plc (HSBC), as part of its continued efforts to expand globally, is planning to accelerate hiring in China in 2017 for its Retail Banking and Wealth Management segment.
Itau Unibanco (ITUB) Faces Tax Probe from Brazilian Police
by Zacks Equity Research
Brazil's federal police have initiated a raid against Itau Unibanco Holding S.A.'s (ITUB) as part of the widening probe into alleged bribery of tax officials.
Royal Bank of Canada's (RY) Q4 Revenues Rise, Stock Falls
by Zacks Equity Research
Royal Bank of Canada's (RY) shares fell more than 3% on the NYSE following the fourth-quarter fiscal 2016 (ended Oct 31) earnings release.
New Strong Buy Stocks for September 7th
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Wednesday