International stocks were mixed Tuesday as poor quarterly reports were expected from Goldman Sachs Group Inc. and the Federal Reserve is expected to announce a rate cut. The Nikkei 225 Average fell 96.64 points to 8568.02, and the FTSEurofirst 300 index increased 29.26 points to 4306.82. HSBC Holdings plc was the hardest hit.
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HSBC
shares dipped on rumors the bank may have to raise $14 billion to rebuild capital. Deutsche Bank AG was up even though the bank was
fined by Hong Kong for $769,230 on actions at its facilitation trading desk. Meanwhile, more victims of Bernard Madoff's Ponzi scheme are coming forward. Royal Bank of Canada shares sunk after the bank said some of its clients have less than
$50 million in exposure to the alleged scheme.
- Maria Woehr
Troubled International Banks
Prices at 11:00 am EDT |
| Name |
Open |
Price at
11:00am |
Change |
Mkt cap |
| UBS |
12.19 |
12.74 |
0.61 |
36.14B |
| Barclays plc |
141.1 |
143.60 |
-0.30 |
12.01B |
| BNP Paribas SA |
39.4 |
41.01 |
1.61 |
36.69B |
Deutsche Bank AG
|
37.33 |
38.11 |
1.11 |
20.79B |
| Royal Bank of Scotland Group plc |
16.28 |
16.22 |
-0.13 |
31.99B |
| Royal Bank of Canada |
33.7 |
34.09 |
-0.16 |
45.65B |
| HSBC Holdings plc |
709.5 |
708.25 |
-15.75 |
85.76B |
Lloyds TSB Group plc
|
129.1 |
128.20 |
4.20 |
7.75B |
| Standard Chartered plc |
768 |
753.00 |
4.00 |
14.27B |
| Toronto-Dominion Bank |
40.05 |
39.50 |
-0.95 |
33.42B |
| Mitsubishi UFJ Financial Group Inc. |
5.5 |
5.62 |
0.06 |
65.01B |
Source: The Deal |
