Before the Bell Scans of Banco Santander-Chile, Banco Bradesco, National Bank of Greece, UBS AG, and HDFC Bank

Tue Apr 2, 2013 8:01am EDT

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LONDON,  April 2, 2013  /PRNewswire/ --

The global banking sector has been adapting to the new regulatory environment
post the financial crisis of 2009. Earlier this year, though, the banking sector
received some relief after regulators delayed the implementation of new
liquidity rules by another four years. The delay has given banks such as Banco
Santander S.A. (NYSE: SAN), Banco Bradesco SA (NYSE: BBD), National Bank of 
Greece  (NYSE: NBG), UBS AG (NYSE: UBS), and HDFC Bank Limited (NYSE: HDB)
additional time to strengthen their balance sheets. On Monday, banks' stocks
struggled as the broad market slipped on the back of some disappointing economic
data. StockCall has taken an interest in these companies and you can now sign up
to download the free technical research on SAN, BBD, NBG, UBS, and HDB at   

Banco Santander S.A.'s shares edged lower in trading on Monday. Shares of the 
Spain-based bank fell to an intra-day low of  $6.89  before finishing the day
0.29% lower at  $6.79  on above average volume of 10 million. The bank's shares
have seen a series of lows over the past few weeks which indicate that market
sentiment is bearish on the stock. This is confirmed by the stock's MACD chart.
Year-to-date, Banco Santander's shares have fallen nearly 15%. Sign up today to
read the free research report on SAN at

Banco Bradesco SA's shares struggled in yesterday's trading session. The stock
fell to an intra-day low of  $16.82  before finishing the day 1% lower at 
$16.85  on volume of 6.09 million. Despite the pullback, the bank's shares have
gained nearly 3.40% in the last three sessions. Year-to-date, the stock has
gained more than 7%. Banco Bradesco's shares currently face stiff resistance at
around  $17. The stock is currently trading above its 50-day and 200-day moving
averages. Register to download the free technical analysis on BBD at

Shares of National Bank of  Greece  rose sharply in trading on Monday even as
the broad market fell. The stock rose to an intra-day high of  $0.92  before
finishing the day 1.84% higher at  $0.910  on volume of 1.29 million. The money
center bank's shares have fallen nearly 50%. The stock is currently trading 72%
below its 52-week high. Shares of NBG have seen a series of lows since the start
of this year. Free report on NBG can be accessed by registering at

UBS AG shares fell sharply in Monday's trading session. The stock ended the day
1.10% lower at  $15.22  on volume of 1.58 million, extending its losses to over
2.30% in the last three sessions. UBS' shares currently have support at around 
$15. The stock's MACD has just crossed below the signal line, which is a bearish
signal. The stock is also trading below its 50-day moving average, which further
confirms this downbeat trend. Register with StockCall and download the research
on UBS for free at

Shares of  India-based HDFC Bank Limited edged lower yesterday; however, the
losses were limited. The stock closed 0.67% lower at  $37.17  on volume of
292,527 after touching an intra-day low of  $37.07  on Monday. Despite the
pullback, the stock is still up more than 1.10% in the last three trading
sessions. Year-to-date, HDFC Bank's shares are down more than 8.70%,
underperforming the broad market. The stock is currently trading 13.60% below
its 52-week high. Read the full free research on HDB by signing up to StockCall

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