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 |