NEW YORK, August 19, 2016 /PRNewswire/ --
Focus today on Stock-Callers.com is on the Foreign Money Center Banking industry which includes financial institutions that
provide financial services to foreign countries. These companies often offer above-average dividend yields. Stocks in review are:
Barclays PLC (NYSE: BCS), Lloyds Banking Group PLC (NYSE: LYG), Banco Santander S.A. (NYSE: SAN), and Credit Suisse Group AG
(NYSE: CS). Learn more about these stocks by downloading their free research reports in PDF format at:
http://stock-callers.com/registration
Barclays
London, the UK headquartered Barclays PLC's shares rose 0.83% and finished Thursday's trading
session at $8.51. A total volume of 2.66 million shares was traded. In the last one month, the
stock has advanced 6.51%. The Company's shares are trading above their 50-day moving average by 1.64%. Moreover, shares of
Barclays, which through its subsidiaries, provides various financial products and services worldwide, have a Relative Strength
Index (RSI) of 49.66.
On August 8th, 2016, Bloomberg reported that Barclays agreed to pay $100 million to 44 U.S. states to resolve an investigation into interest-rate manipulation by the British bank.
It is the first lender to settle state probes into false rate submissions that inflated borrowing costs linked to the
London and U.S. dollar interbank offered rates. The scheme to manipulate rates from 2005 to 2009
masked Barclays's poor health during the global financial crisis at the expense of government entities and not-for-profits whose
contracts were linked to the rates, New York Attorney General, Eric
Schneiderman, said in a statement, according to the Bloomberg article.
On August 08th, 2016, research firm Exane BNP Paribas upgraded the Company's stock
rating from 'Neutral' to 'Outperform'. Sign up and read the free research report on BCS at:
http://stock-callers.com/registration/?symbol=BCS
Lloyds Banking Group
On Thursday, shares in London, the UK headquartered Lloyds Banking Group PLC recorded a
trading volume of 2.26 million shares, and ended the session 1.05% higher at $2.90. The stock is
trading 6.87% below its 50-day moving average. Furthermore, shares of Lloyds Banking Group, which provides banking and financial
services to individual and business customers in the United Kingdom and internationally, have an
RSI of 41.27.
On July 26th, 2016, research firm Berenberg upgraded the Company's stock rating from
'Sell' to 'Hold'.
On July 28th, 2016, Lloyds Banking Group reported that underlying profit was £4.16
billion for the first half of 2016, 5% lower than in the first half of 2015, driven by a 1% fall in income and higher
impairments, partly offset by lower costs. The bank noted that net interest income increased 1% to £5.78 billion reflecting the
improvement in net interest margin to 2.74% from 2.62% in the comparable year ago period. The complimentary research report on
LYG can be downloaded at:
http://stock-callers.com/registration/?symbol=LYG
Banco Santander
Shares in Madrid, Spain headquartered Banco Santander S.A. closed the day at $4.21, slightly down 0.47%. The stock recorded a trading volume of 3.05 million shares. The Company's shares
have gained 1.74% in the last one month, and are trading 2.30% above their 50-day moving average. Additionally, shares of Banco
Santander, which together with its subsidiaries, provides various retail and commercial banking products and services for
individual and corporate clients, have an RSI of 49.33.
On August 2nd, 2016, Bloomberg reported that Banco Santander formally offered to buy
Royal Bank of Scotland Group PLC's Williams & Glyn consumer bank, marking the second time the Spanish lender has tried to
acquire the business. A deal would add a unit with 314 branches, about 24.2 billion pounds ($32.2
billion) of assets, and 2 million customers to Santander's U.K. operations. As per the article, the bid comes weeks after
Britain voted to leave the European Union and the deal, if agreed, would be the first major
banking acquisition in the U.K. since the decision. Register for free on Stock-Callers.com and access the latest report on SAN
at:
http://stock-callers.com/registration/?symbol=SAN
Credit Suisse Group
At the closing bell yesterday, shares in Zurich, Switzerland-based Credit Suisse Group AG
ended 0.41% higher at $12.11 and with a total volume of 1.72 million shares traded. The stock has
advanced 4.67% in the last one month. The Company's shares are trading above their 50-day moving average by 4.61%. Furthermore,
shares of Credit Suisse Group, which together with its subsidiaries, provides various financial services worldwide, have an RSI
of 56.17.
On July 28th, 2016, Credit Suisse reported pre-tax income of CHF 199 million for Q2 2016, an improvement of CHF 683 million compared to a
pre-tax loss of CHF 484 million in Q1 2016. The bank reported look-through CET1 ratio of 11.8%, an
increase of 40 basis points compared to Q1 2016, its highest reported look-through CET1 ratio. Get free access to your research
report on CS at:
http://stock-callers.com/registration/?symbol=CS
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