Bank Stocks in News: Bank of America (NYSE:BAC), Citigroup Inc. (NYSE:C), Regions Financial Corporation (NYSE:RF), Barclays (NYSE:BCS)

A former personal banker at Bank of America Corp (NYSE:BAC) Reading branch was sentenced yesterday to three to five years in state prison plus 10 years’ probation for stealing more than $2.1 million from 31 investors and customers in a Ponzi scheme she used to buy luxury cars and lavish vacations. Bank of America Corp (NYSE:BAC) stock performance was 1.85% in last session and finished … Continue reading Bank Stocks in News: Bank of America (NYSE:BAC), Citigroup Inc. (NYSE:C), Regions Financial Corporation (NYSE:RF), Barclays (NYSE:BCS)

NYSE Active Runners: Bank of America Corp (NYSE:BAC), Oracle Corporation (NYSE:ORCL), Ford Motor Company (NYSE:F), Verizon Communications Inc. (NYSE:VZ)

Shares of Citigroup and Bank of America (NYSE:BAC) are modestly higher despite lower estimates at Jefferies, which cited lower trading fees and higher expenses for Citigroup and lower trading and net interest income at Bank of America. Bank of America Corp (NYSE:BAC) stock performance was 0.47% in last session and finished the day at $17.19. Traded volume was 67,052,432 million shares in the last session … Continue reading NYSE Active Runners: Bank of America Corp (NYSE:BAC), Oracle Corporation (NYSE:ORCL), Ford Motor Company (NYSE:F), Verizon Communications Inc. (NYSE:VZ)

Reports are out this morning that Wells Fargo (NYSE:WFC) is being accused by New York attorney general of fabricating foreclosure documents. Despite this the company’s shares are up 1.54% nearing the top end of the 52-week range. The company has a dividend yield of 1.20 and a price to earnings ration of 12.35. Wells Fargo (NYSE:WFC) has an EPS of 3.98. Bank of America Corporation … Continue reading Financial Stocks On the Move: Wells Fargo (NYSE:WFC), Bank of America Corporation (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM)

Major banks including Barclays, Citigroup Inc (NYSE:C) and Royal Bank of Scotland have frozen bonuses across large parts of their foreign exchange trading teams in light of the investigation into manipulation of forex benchmarks, the Financial Times reports. Citigroup Inc (NYSE:C) stock performance was -0.95% in last session and finished the day at $46.88. Traded volume was 26.14million shares in the last session and the … Continue reading Active Stocks Financial Sector: Citigroup Inc (NYSE:C), Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), Barclays PLC (ADR) (NYSE:BCS)

Bank of America Corp (NYSE:BAC) Merrill Lynch analysts also lowered their prediction from 7.6 per cent to 7.2 per cent for the full year due to the “significantly weaker than expected” data in the first two months. Bank of America Corp (NYSE:BAC) stock performance was -2.10% in last session and finished the day at $16.80. Traded volume was 131.30million shares in the last session and … Continue reading Money Center Banks: Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C), JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo & Co (NYSE:WFC)