The Deal
Wednesday, November 25, 
5:33 am

International Bank Watch: Keeping it real

  Share     E-Mail    Discussion    Print Story
International banks were up Wednesday. Japan's Nikkei surged over 7%, and the FTSEurofirst 300 index was up 5.8%.

Continue reading below

Also on Dealscape

Most banks were up. Standard Chartered plc was up after rebuffing concerns about its capital position and announced it was considering acquisitions. Barclays plc shares were up on reports that it is seeking bids for $1.5 billion of bonds and $3.5 billion of credit default swap contracts held by a hedge fund as well as $970 million in assets, which are primarily high-risk loans, according to Bloomberg. HSBC Holdings plc also enjoyed a nice rally after falling earlier this week on worries its growth will slow in emerging markets. - Maria Woehr


Troubled International Banks
Prices at 11:30 am EDT
Name Open Price at
11:30am
Change Mkt cap
UBS 14.72 15.15 1.07 42900.57
Barclays plc 190.2 191.70 11.70 16046.14
BNP Paribas SA 51.355 51.90 2.60 46438.38
ING Groep NV
28.22 28.22 -0.83 120.84
Deutsche Bank AG
30.81 31.67 0.17 16006.02
Royal Bank of Scotland Group plc 1.05 1.06 0.08 17538.71
Royal Bank of Canada 44.5 44.49 -0.51 59545.46
HSBC Holdings plc 702 751.00 72.75 90510.35
Lloyds TSB Group plc
174 181.90 19.40 11007.96
Standard Chartered plc 780 897.50 197.50 12793.27
Toronto-Dominion Bank 54.25 54.05 -0.74 43634.56
Mitsubishi UFJ Financial Group Inc. 5.75 6.18 -0.13 64015.47
Source: The Deal




Post a comment





The Deal Pipeline

Deal Video


Inside The Deal: Cisco Systems' Ned Hooper on raising the bid for Tandberg.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

REIT IPO deja vu

Real estate sponsors that might wish to undertake an IPO will need to consider a wide variety of issues and begin to take action long before the first filing with the SEC.


Industry Insight

Loan-to-buy

Paulson's proposal to purchase an equity stake in Yellow Pages publisher Idearc is the second time in recent months an investor group has used its prepetition debt position to execute a bargain price 'exit LBO.'


Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg


©Copyright 2009, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.