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

Technology Stocks News 11

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 the day at $17.11. Traded volume was 79.94 million shares in the last session and the average volume of the stock remained 112.54 million shares. The beta of the stock remained 2.25. Bank of America Corp (NYSE:BAC) insider ownership is 0.03%.

John Gerspach, Chief Financial Officer, and Eric Aboaf, Treasurer, will conduct the Citigroup Inc. (NYSE:C) first quarter 2014 Fixed Income Investor Review at 10:00 AM (ET) on Thursday, April 17, 2014. Citigroup Inc. (NYSE:C) rose 1.81% to $47.73 yesterday on volume of 18.93 million shares. The intra-day range of the stock was $47.31 – $47.80. Citigroup Inc. (NYSE:C) has a market capitalization of 144.53 billion.

The state’s most valuable brand is Regions Financial Corp. (NYSE:RF) with a brand value of $1.3 billion, according to the 2014 Brand Finance US 500. The Birmingham-based banking giant is the No. 436 U.S. brand. Regions Financial Corporation (NYSE:RF)’s stock on March 17, 2014 reported a higher of 1.60% to the closing price of $10.80. Its fifty two weeks range is $7.61 – $11.11. The total market capitalization recorded 14.87 billion. The overall volume in the last trading session was 14.00 million shares. In its share capital, Regions Financial Corporation (NYSE:RF) has 1.38 billion outstanding shares.

Barclays PLC (ADR) (NYSE:BCS) like many other large banks still bears the scars of the financial crisis, with hefty regulatory charges and long-lasting litigation still impacting its operations Chief Executive Officer Antony Jenkins, who has pushed to implement a “fundamentally different culture” than that created by his predecessor Bob Diamond. On Monday, shares of Barclays PLC (ADR) (NYSE:BCS) advanced 0.52% to close the day at $15.54. Company return on investment (ROI) is 10.30% and its monthly performance is recorded as -8.86%. Barclays PLC (ADR) (NYSE:BCS) quarterly revenue growth is -5.47%.

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