Navigate this market better. Subscribe for FREE stock alerts and information.

Monday, August 11, 2014

Market Chatter- Corporate finance press digest, (NYSE: RBS)

The following corporate finance-related stories were reported by media: * Royal Bank of Scotland Group PLC is shutting its controversial turnaround division and the two most senior executives who ran it are to leave the bank, a person familiar with the situation said on Friday.* Snapchat Inc's financing talks with China's Alibaba Group Holding Ltd (IPO-BABA.N) are over, Bloomberg reported, citing people familiar with the matter.

The Royal Bank of Scotland Group plc (RBS) is a holding company of a global banking and financial services group. Shares of RBS traded higher by 3.28% or $0.37/share to $11.65. In the past year, the shares have traded as low as $9.80 and as high as $12.47. On average, 749550 shares of RBS exchange hands on a given day and today's volume is recorded at 495994.



Source