Banks were up except for Standard Chartered plc ,which surprised investors with
plans to raise £1.8 billion ($2.7 billion) by selling new shares. The offering may cause the bank to lose its right to issue Hong Kong bank notes if a Singapore-owned company raises its stake in the lender above 20% through a rights offer. Meanwhile, Barclays plc
is up on news that shareholders have supported its plan to raise £7 billion. Friday, Mitsubishi UFJ Financial Group reported a
net earnings decrease of ¥164.6 billion ($1.7 million) from ¥256.72 billion.
- Maria Woehr
Troubled International Banks
Prices at 10:30 am EDT |
| Name |
Open |
Price at
10:30am |
Change |
Mkt cap |
UBS
|
10.48 |
10.83 |
1.38 |
30.73B |
| Barclays plc |
137.1 |
146.50 |
13.30 |
12.26B |
| BNP Paribas SA |
35.885 |
36.48 |
0.50 |
32.64B |
Deutsche Bank AG
|
26.17 |
27.39 |
2.81 |
14.94B |
| Royal Bank of Scotland Group plc |
15.04 |
15.16 |
0.59 |
29.90B |
| Royal Bank of Canada |
36.9 |
37.55 |
1.07 |
50.36B |
| HSBC Holdings plc |
641.25 |
633.25 |
7.25 |
76.68B |
Lloyds TSB Group plc
|
124 |
140.30 |
15.60 |
8.490B |
| Standard Chartered plc |
728 |
709.00 |
-50.50 |
10.10B |
| Toronto-Dominion Bank |
41.95 |
41.85 |
0.55 |
33.78B |
| Mitsubishi UFJ Financial Group Inc. |
5.29 |
5.28 |
0.21 |
58.43B |
Source: The Deal |
