The Deal
Monday, November 23, 
9:07 pm

International Bank Watch: Barclays announces M&A team; Deutsche Bank rejects bailout cash

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International markets were mixed Tuesday. The Nikkei 225 Average closed down 533.53 points at 7863.69 while the FTSEurofirst 300 index was up 30.48 points at 4095.97.

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Barclays plc is down upon the announcement of its M&A leadership team after integrating its own investment bank with Lehman Brothers Holdings Inc.'s North American investment banking unit. Meanwhile, HSBC Holdings plc is down on reports that it is cutting 500 jobs. Lastly, Deutsche Bank AG is up on news that it is rejecting bailout money. - Maria Woehr

Troubled International Banks
Prices at 11:30 am EDT
Name Open Price at
11:30am
Change Mkt cap
UBS 10.94 11.48 0.50 32.57B
Barclays plc 153.2 150.80 -7.20 12.62B
BNP Paribas SA 38.8 39.90 -0.12 35.70B
Deutsche Bank AG
31.4 32.53 2.17 17.75B
Royal Bank of Scotland Group plc 17.81 18.84 3.27 37.16B
Royal Bank of Canada 40.07 38.92 -0.52 52.19B
HSBC Holdings plc 688 689.25 -10.75 83.46B
Lloyds TSB Group plc
157.5 157.80 1.40 9.54B
Standard Chartered plc 720 720.00 -6.00 13.64B
Toronto-Dominion Bank 42.85 41.94 -0.31 33.85B
Mitsubishi UFJ Financial Group Inc. 5.02 5.11 0.08 56.55B
Source: The Deal




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