Bank of America Corp. (NYSE:BAC) reached an accord in which it would pay $9.3 billion over claims that it had fraudulently sold defective mortgage bonds to government-sponsored mortgage buyers Fannie Mae and Freddie Mac. Bank of America Corp (NYSE:BAC) stock performance was -0.18% in last session and finished the day at $16.98. Traded volume was 79.91million shares in the last session and the average volume of the stock remained 114.64million shares. The beta of the stock remained 2.25. Bank of America Corp (NYSE:BAC) insider ownership is 0.03%.
Citigroup Inc. (NYSE:C) took many downgrades this past week, based on its denial by the Federal Reserve to raise its dividend and stock buyback plan. A 0.1% yield just isn’t going to cut it, and we pointed out that the CEO handled this atrociously in the lack of communication. Citigroup Inc (NYSE:C) dropped -0.42 percent to $47.25 Friday on volume of 39.80million shares. The intra-day range of the stock was $47.03 to $47.75. Citigroup Inc (NYSE:C) has a market capitalization of $143.56billion.
Wells Fargo & Co (NYSE:WFC) Funds Management, LLC, is pleased to recognize two team members who were awarded 2014 Rising Star awards by Institutional Investor’s Fund Industry Intelligence last night in New York City. Wells Fargo & Co (NYSE:WFC)’s stock on Mar 28, 2014 reported a increase of 0.39% to the closing price of $49.29. Its fifty two weeks range is $36.19-$49.97. The total market capitalization recorded $259.36billion. The overall volume in the last trading session was 15.01million shares. In its share capital, WFC has 5.27billion outstanding shares.
JPMorgan Chase & Co. (NYSE:JPM) can now heave a sigh of relief as a 2nd U.S. Circuit Court of Appeals has dismissed a lawsuit against the bank, pertaining to silver price fixing. The news was confirmed by Reuters on Thursday. On Friday, shares of JPMorgan Chase & Co. (NYSE:JPM) advanced 0.20% to close the day at $60.04. Company return on investment (ROI) is 7.10% and its monthly performance is recorded as 5.91%. JPMorgan Chase & Co. (NYSE:JPM) quarterly revenue growth is 3.84%.