NEW YORK, October 21, 2016 /PRNewswire/ --
Foreign Money Center Banks possess the same characteristics as regular or common banks, but offer financial services to foreign corporations, other financial institutions, and governments. Stocks in this space tend to offer above-average dividend yields. This morning, Stock-Callers.com shifts its focus on Barclays PLC (NYSE: BCS), Banco Santander S.A. (NYSE: SAN), Lloyds Banking Group PLC (NYSE: LYG), 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
London, the UK headquartered Barclays PLC's shares rose 2.30% and finished Thursday's trading session at $8.91. A total volume of 8.53 million shares was traded, which was above their three months average volume of 5.99 million shares. In the previous three months, the stock has advanced 11.80%. The Company's shares are trading above their 50-day moving average by 2.38%. Moreover, shares of Bank of Barclays, which through its subsidiaries, provides various financial products and services worldwide, have a Relative Strength Index (RSI) of 58.73.
On October 07th, 2016, Barclays Bank announced that the iPath® MSCI India IndexSM Exchange-Traded Notes (the "ETNs") have been determined to be subject to certain regulations and recent circulars issued by the Securities and Exchange Board of India ("SEBI") relating to offshore derivative instruments linked to Indian equity securities. These regulations and circulars include requirements that cannot be complied with in the context of the ETNs. As a result, SEBI has advised Barclays not to issue additional ETNs and that the positions being held in the ETNs may only continue until December 31st, 2020.
On October 19th, 2016, research firm Investec upgraded the Company's stock rating from 'Hold' to 'Buy'. Sign up and read the free research report on BCS at: http://stock-callers.com/registration/?symbol=BCS
On Thursday, shares in Spain headquartered Banco Santander S.A. recorded a trading volume of 10.33 million shares, which was above their three months average volume of 5.22 million shares. The stock ended the session 1.75% higher at $4.64. The Company's shares have gained 4.07% in the last one month, 12.09% in the previous three months, and 0.19% on an YTD basis. The stock is trading 6.57% above its 50-day moving average and 9.23% above its 200-day moving average. Furthermore, 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 65.00.
On October 19th, 2016, Santander Holdings USA, Inc. (SHUSA), parent company of Santander Bank, N.A., announced that its Board of Directors declared a dividend on SHUSA's Preferred Stock. A dividend payment of $0.45625 per share is payable on November 15th, 2016, to holders of record on November 1st, 2016 for SHUSA's Series C Non-Cumulative Perpetual Preferred Stock. The complimentary research report on SAN can be downloaded at: http://stock-callers.com/registration/?symbol=SAN
Shares in the UK headquartered Lloyds Banking Group PLC closed the day at $2.76, up 1.10%. The stock recorded a trading volume of 2.80 million shares. The Company's shares are trading 6.34% below their 50-day moving average. Additionally, shares of Lloyds Banking Group, which provides banking and financial services to individual and business customers in the UK and internationally, have an RSI of 45.26.
On September 26th, 2016, research firm Goldman downgraded the Company's stock rating from 'Neutral' to 'Sell'.
On October 20th, 2016, Lloyds Bank has launched a new offer which will see arrangement fees for term loans waived for small business customers with an annual turnover under £1 million. The offer is aimed at the smallest businesses and start-ups and applies to borrowing up to £150,000. This will result in significant savings for Britain's smallest business customers. Register for free on Stock-Callers.com and access the latest report on LYG at: http://stock-callers.com/registration/?symbol=LYG
At the closing bell yesterday, shares in Switzerland-based Credit Suisse Group AG ended 0.58% higher at $13.77. A total volume of 5.08 million shares was traded, which was above their three months average volume of 3.74 million shares. The stock has advanced 4.40% in the last one month and 19.32% over the previous three months. The Company's shares are trading above their 50-day and 200-day moving averages by 6.57% and 2.87%, respectively. Furthermore, shares of Credit Suisse Group, which together with its subsidiaries, provides various financial services worldwide, have an RSI of 61.23.
On October 19th, 2016, Reuters reported that Credit Suisse has agreed in principle to pay about 100 million euros ($110 million) to settle its tax position in Italy in a case involving allegations it helped clients transfer undeclared funds offshore. As per the article, the agreement has not been finalized and until it is, and the money paid, the criminal investigation cannot be wrapped up nor can a decision be taken on whether or not to order a trial. Get free access to your research report on CS at: http://stock-callers.com/registration/?symbol=CS
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SOURCE Chelmsford Park SA