(LONDON)Barclays PLC said it may sell shares to both new and existing shareholders, sending its shares more than 3 percent higher Monday as investors welcomed measures that could strengthe...READ MORE
(LONDON)Royal Bank of Scotland will sell its Angel Trains unit for $7 billion deal to a consortium led by Babcock & Brown, it said Friday. Angel Trains was created in the privatization of ...READ MORE
(SYDNEY, Australia)Babcock & Brown Ltd.'s shares fell 24 percent Friday on concerns about its debt position even as Australia's second largest investment bank clinched a $7 billion deal to bu...READ MORE
(LONDON)Royal Bank of Scotland, which this week completed Europe's biggest rights issue ever, said Wednesday that its operating performance is on track despite the continuing deteriora...READ MORE
(LONDON)The Royal Bank of Scotland said on Monday that shareholders put up around 95 percent of the cash it asked for in Europe's biggest rights issue ever, as the bank tries to recove...READ MORE
(LONDON)Barclays PLC and Royal Bank of Scotland PLC said Monday that they are subjects of a regulatory investigation involving loans to professional service firms.READ MORE
(SAN ANTONIO)Clear Channel Communications Inc. said Wednesday that full funding for its $17.9 billion sale to two private equity firms is now in place in an escrow account.READ MORE