Tag Archives: RBS
Asian markets mixed ahead of ECB meeting
Asian markets finished mixed as equities lacked direction after the American trading holiday and ahead of the European Central Bank meeting scheduled for 7:45 am EST.
Playing the potential Australian rate cut tonight
Positioning ahead of the Reserve Bank of Australia’s (RBA) interest rate decision is fairly straightforward this time around.
Profit from recovering European financials
Two truths have been firmly established in The Great Recession. Central bankers will provide the liquidity necessary to maintain the solvency of the global financial community, and the European debt crisis is far from over. These facts mean that falling shares will lead to profit for investors.
A third bailout for Greece means time to go bargain hunting
As detailed in many previous articles, the euro zone debt crisis is far, far from being resolved. Earlier today, Greek Prime Minister Lucas Papademos stated that a third bailout package might be needed if measures instituted do not revitalize the economy.
Time to worry about Greece, again?
Greece threatened March 6 to default on any bondholders who do not take part in this week’s 206 billion euro debt swap. European bank stocks did not react well.
Why is RBS moving 215 jobs to India?
Outsourcing jobs is an old story, but there’s something unusual in the Royal Bank of Scotland’s (RBS, quote) new plan to shift 215 jobs to India: the company says that it’s just going where the customers are. Which customers does the company mean, and why would a few hundred new employees be important in serving them?
Are European lenders due for a rebound? (NBG, DB, RBS, IXG)
If the Great Recession proved anything, it was the co-dependency of financial institutions around the world. Many of the Federal Reserve’s rescue efforts were — directly or indirectly — for the benefit of foreign lenders such as Deutsche Bank (DB, quote) and Royal Bank of Scotland (RBS, quote). Now that American banks are recovering, there is new hope for the lenders in Europe.
