NEW YORK, August 24, 2016 /PRNewswire/ --
Stocks in focus on Stock-Callers.com today belong to the Foreign Money Center Banking industry, which includes multinational
financial institutions that service different countries around the world. The featured companies are: The Royal Bank of Scotland
Group PLC (NYSE: RBS), HSBC Holdings PLC (NYSE: HSBC), UBS Group AG (NYSE: UBS), and East West Bancorp Inc. (NASDAQ: EWBC).
Register now and get full and free access to our downloadable research reports on these stocks at:
http://stock-callers.com/registration
The Royal Bank of Scotland Group
At the close on Tuesday, shares in Edinburgh, the United
Kingdom headquartered The Royal Bank of Scotland Group PLC jumped 4.22%, ending the day at $5.19. The stock recorded a trading volume of 3.04 million shares. The Company's shares have advanced 4.22% in
the last one month. The stock is trading below its 50-day moving average by 0.20%. Moreover, shares of Royal Bank of Scotland
Group, which together with its subsidiaries, provides banking and financial products and services to personal, commercial,
corporate, and institutional customers worldwide, have a Relative Strength Index (RSI) of 54.88.
On August 5th, 2016, the company reported attributable loss of 1.08 billion pounds in
Q2 2016 compared to attributable income of 280 million pounds in Q2 2015. The company's common equity Tier 1 capital ratio was
14.5% for the quarter ended on June 30th, 2016, down from 15.5% for the quarter ended on
December 31st, 2015, above its target of a 13% common equity Tier 1 ratio.
On August 08th, 2016, research firm Macquarie downgraded the Company's stock rating
from 'Outperform' to 'Neutral'. Access our complete research report on RBS for free at:
http://stock-callers.com/registration/?symbol=RBS
HSBC Holdings
Shares in UK headquartered HSBC Holdings PLC ended the day 0.25% higher at $35.69 with a
total trading volume of 2.18 million shares. In the last month and the previous three months, the stock has gained 12.58% and
13.49%, respectively. The Company's shares are trading above their 50-day and 200-day moving averages by 11.00% and 9.16%,
respectively. Furthermore, shares of HSBC Holdings, which provides banking and financial products and services in the UK and
internationally, have an RSI of 74.20.
On August 8th, 2016, Reuters reported the Department of Justice said on Monday that
HSBC Holdings has settled a US probe accusing the British bank of illegally repossessing cars owned by members of the US military
while they were serving their country. As per the article, the bank's unit HSBC Finance Corp. will pay $434,500 to settle charges it violated the service members' Civil Relief Act by repossessing 75 cars without
court orders. The complimentary research report on HSBC can be downloaded at:
http://stock-callers.com/registration/?symbol=HSBC
UBS Group
On Tuesday, shares in Zurich, Switzerland headquartered UBS Group AG finished 2.59% higher at
$13.84 with a total trading volume of 1.90 million shares. The stock has advanced 2.75% in the last
one month. The Company's shares are trading above their 50-day moving average by 2.40%. Additionally, shares of UBS Group, which
together with its subsidiaries, provides financial advice and solutions to private, institutional, and corporate clients
worldwide, have an RSI of 55.44.
On July 29th, 2016, UBS Group reported that net profit attributable to the company's
shareholders was CHF 1.03 billion, with diluted earnings per share of CHF
0.27. Group annualized adjusted return on tangible equity was 10.1%. UBS maintained its strong capital position, with a
fully applied CET1 capital ratio of 14.2% and a fully applied CET1 leverage ratio of 3.4%. As of June 30th
2016, the company achieved its previously announced target of CHF 1.4 billion of net cost
savings, a CHF 200 million improvement in the quarter, making progress toward the CHF 2.1 billion 2017 year-end target. Register for free on Stock-Callers.com and get access to the latest PDF
format report on UBS at:
http://stock-callers.com/registration/?symbol=UBS
East West Bancorp
California headquartered East West Bancorp Inc.'s shares recorded a trading volume of 692,754
shares at the end of yesterday's session and closed the day at $34.59, gaining 0.32%. The stock has
advanced 0.76% in the last one month. The Company's shares are trading above their 50-day moving average by 0.43%. Additionally,
shares of East West Bancorp, which operates as the bank holding company for East West Bank that
provides a range of personal and commercial banking services to small and medium-sized businesses, business executives,
professionals, and other individuals, have an RSI at 52.47.
On August 3rd, 2016, Jericho Oil Corp. announced that it has entered into a
USD$30 million Senior Secured Revolving Credit Facility with East West Bancorp as the sole
arranger. The initial borrowing base has been set at $10 million. The Facility is available for
working capital requirements, capital expenditures, acquisitions, general corporate purposes, and to support letters of credit.
Download your free research report on EWBC at:
http://stock-callers.com/registration/?symbol=EWBC
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