Banco Santander S.A. (ADR) (NYSE:SAN), the eurozone’s largest bank by market share, is preparing to sell its first contingent convertible bond in an exercise that will see it see it replicate a structure used by other Spanish banks as they storm ahead in the race for capital. Banco Santander, S.A. (ADR) (NYSE:SAN) stock opened at $9.04 in last session, and closed at $9.05, while the day range of stock is $9.00 – $9.11. The stock showed a positive weekly performance of 1.57%.
UBS AG (NYSE:UBS) reaffirmed their neutral rating on shares of Man Group PLC (LON:EMG) in a report released on Thursday. UBS AG (NYSE:UBS) stock opened at $21.35, in last session and closed at $21.36, by gaining 1.23%. The 52 week range of UBS is $15.08 – $21.61. Company’s market capitalization is $80.47billion.
The Sunday Times RBS DRAWS UP RESCUE PLAN FOR AILING IRISH ARM Royal Bank of Scotland Group plc (ADR) (NYSE:RBS) is working on a radical plan to salvage its troubled Irish business by merging it with a number of rivals. Royal Bank of Scotland Group plc (ADR) (NYSE:RBS) stock decreased -0.36% and finished the last session at $10.96. The EPS of the stock remained -0.81. Company’s market capitalization is $61.50billion.
HSBC Holdings plc (ADR) (NYSE:HSBC)’s stock had its “outperform” rating reaffirmed by investment analysts at Sanford C. Bernstein in a note issued to investors on Wednesday. HSBC Holdings plc (ADR) (NYSE:HSBC) stock opened the session at $52.96, and closed the session at $52.79. The 52 week range of the HSBC stock remained $50.38 – $58.71 and the day range was $52.63 – $53.17.