StockCall Study on Itau Unibanco, Lloyds Banking, Barclays, and Royal Bank of Scotland

Mon Mar 18, 2013 11:46am EDT

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LONDON,  March 18, 2013  /PRNewswire/ --

The financial crisis of 2009 led regulators around the world to create new rules
for banks in order to avert a crisis in the future. Regulators across the globe
have asked banks to boost their capital ratios. In addition, European regulators
are also looking to impose a cap on bankers' bonuses. Meanwhile, record low
interest rates in the developed world are putting pressure on banks' net
interest margins. Going forward, the key for foreign banks such as Itau Unibanco
Holding SA (NYSE: ITUB), Lloyds Banking Group Plc (NYSE: LYG), Barclays Plc
(NYSE: BCS), and Royal Bank of Scotland Group Plc (NYSE: RBS) will be to
continue to adapt to the changing regulatory environment. StockCall free
coverage on ITUB, LYG, BCS, and RBS is available upon registration at

Shares of  Brazil-based Itau Unibanco Holding SA ended marginally lower in
Friday's trading session. The stock fell to an intra-day low of  $17.74  before
finishing the day 0.06% lower at  $17.96. For the week, Itau Unibanco's shares
fell more than 5.60%. Despite the losses last week, the bank's shares are up
more than 9% so far for the year. The stock slipped last week after failing to
break through  $19  resistance level. It has slipped below  $18  support level,
which is a bearish signal. The stock's MACD has crossed below the signal line,
which further confirms the bearish trend. Download the free technical research
on ITUB by signing up at   

Shares of Lloyds Banking Group Plc fell sharply on Friday, ending the day 0.98%
lower at  $3.03. Despite the losses, the stock managed to post a gain of 0.66%
for the week. Lloyds Banking shares have struggled so far this year.
Year-to-date, the stock has fallen more than 5%, underperforming the broad
market. The stock is currently facing stiff resistance at around  $3.10. It is
also trading well below its 50-day moving average. However, the MACD chart
suggests that the market sentiment has turned bullish on the stock. Register now
and get access to the free analysis on LYG at   

Shares of U.K.-based Barclays Plc slipped on Friday, closing 0.36% lower at 
$19.23. Despite the decline, the stock has gained more than 3.3% in the last
trading sessions. Barclays Plc shares have had an excellent run so far this
year, gaining more than 11%, compared to a gain of over 9% for the S&P 500.
Barclays Plc shares are currently trading close to  $19.50  resistance level.
The stock, last week, crossed above its 50-day moving average, which is a
bullish signal. Sign up and read the complimentary report on BCS at   

Another U.K.-based bank that saw significant activity on Friday was Royal Bank
of Scotland Group Plc. The stock closed 0.65% higher at  $9.28  after hitting an
intra-day high of  $9.32. Royal Bank of  Scotland's  shares gained nearly 1%
last week, compared to a gain of 0.61% for the S&P 500. The stock, however, has
underperformed the S&P 500 so far for the year. Year-to-date, the bank's shares
have fallen nearly 14%. The stock's MACD chart suggests that market sentiment
has turned bullish. The free report on RBS can be downloaded by signing up now

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Contact Person: William T. Knight, Email:, Contact Number:
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