HSBC Holdings plc's stocks slipped after the bank signaled that it might now give consumers and businesses the full impact of rate reductions from the Bank of England, according to
Bloomberg.
Lloyds TSB Group plc was also down. Lloyds appointed Daniel Sasaki as a director of its private equity arm in London, and cost-cutting targets have risen to £1.5 billion ($2.4 billion) due to Lloyds merger with HBOS plc. Between 14,000 and 40,000 employees could be laid off, according to
analysts.
- Maria Woehr
Troubled International Banks
Prices at 11:30 pm EDT |
| Name |
Open |
Price at
12:00pm |
Change |
Mkt cap |
| UBS |
15.27 |
15.24 |
-0.68 |
43.24B |
| Barclays plc |
188.9 |
183.60 |
-12.30 |
15.36B |
| BNP Paribas SA |
55.27 |
53.20 |
-4.40 |
47.60B |
Deutsche Bank AG
|
40.63 |
39.09 |
-2.86 |
21.33B |
| Royal Bank of Scotland Group plc |
1.05 |
1.01 |
-0.11 |
16.71B |
| Royal Bank of Canada |
46.59 |
46.35 |
-0.36 |
62.164B |
| HSBC Holdings plc |
741 |
725.75 |
-49.25 |
87.46B |
Lloyds TSB Group plc
|
196.3 |
182.30 |
-26.45 |
11.03B |
| Standard Chartered plc |
985 |
948.00 |
-72.00 |
13.51B |
| Toronto-Dominion Bank |
56.98 |
56.71 |
-0.72 |
45.78B |
| Mitsubishi UFJ Financial Group Inc. |
6.5 |
6.31 |
-0.29 |
69.83B |
Source: The Deal |
