Bank Stocks In News: National Bank of Greece (ADR) (NYSE:NBG), HSBC Holdings plc (ADR) (NYSE:HSBC), Barclays PLC (ADR) (NYSE:BCS), ICICI Bank Ltd (ADR) (NYSE:IBN)

Technology Stocks News 13

National Bank of Greece (ADR) (NYSE:NBG)’s stock was upgraded by equities researchers at BofA Merrill Lynch from an “underperform” rating to a “neutral” rating in a research report issued on May 13. Separately, Analysts at Bank of America upgraded shares of National Bank of Greece (ADR) from an “underperform” rating to a “neutral” rating in a research note on Tuesday, April 22nd. National Bank of Greece (ADR) (NYSE:NBG) stock performance was -16.18% in last session and finished the day at $2.90. Traded volume was 28,706,204 shares in the last session and the average volume of the stock remained 3.33 million shares. The beta of the stock remained 6.95.

HSBC Holdings plc (ADR) (NYSE:HSBC)’s most senior investment banker Samir Assaf has been elected chairman of the Global Financial Markets Association, the influential bank lobby group, replacing Blythe Masters, who last month resigned as head of commodities at JP Morgan after a 23-year stint at the US bank. HSBC Holdings plc (ADR) (NYSE:HSBC) rose 1.47% to $52.38 yesterday on volume of 2,419,721 shares. The intra-day range of the stock was $52.26 – 52.57. HSBC Holdings plc (ADR) (NYSE:HSBC) has a market capitalization of $197.26 billion.

Wild trading action in some stocks Tuesday was caused by a fat finger trade at Barclays PLC (ADR) (NYSE:BCS), according to a report from Bloomberg, citing sources. The error caused split second swings in at least 28 stocks, resulting in busted trades in AOL (NYSE:AOL). Barclays PLC (ADR) (NYSE:BCS)’s stock on May 15, 2014 reported a decrease of -1.49% to the closing price of $16.51. Its fifty two weeks range is $15.32 – 20.44. The total market capitalization recorded $67.65 billion. The overall volume in the last trading session was 1,944,580 shares. In its share capital, Barclays PLC (ADR) (NYSE:BCS) has 4.12 billion outstanding shares.

ICICI Bank Ltd (ADR) (NYSE:IBN), On May 6, 2014, India’s largest private sector lender, announced the launch of two new saving accounts products, NRI Pro and NRI Premia, for NRI customers. With these new launches, the Bank stated that it now offers three-tiered savings accounts for NRI customers – Regular, Pro and Premia with an objective of catering to unique needs of different categories of NRI customers based on their life stage. ICICI Bank informed that the NRI Pro savings account offers NRI customers value-added features such as priority service, preferential rates on money transfers and banking benefits for family members based in India.

On Thursday, shares of ICICI Bank Ltd (ADR) (NYSE:IBN) dropped -3.27% to close the day at $46.37. Company return on investment (ROI) is 4.80% and its monthly performance is recorded as 8.67%. ICICI Bank Ltd (ADR) (NYSE:IBN) quarterly revenue growth is 39.21%.

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