Financial Sector Active Stocks: Citigroup Inc (NYSE:C), Bank of America (NYSE:BAC), National Bank of Greece (NYSE:NBG), Wells Fargo (NYSE:WFC)

Gilead Sciences GILD NASDAQ:GILD

Citigroup Inc (NYSE:C) was downgraded by Societe Generale from a “buy” rating to a “hold” rating in a research note issued on Friday, TheFlyOnTheWall.com reports. Citigroup Inc (NYSE:C) stock performance was 0.42% in last session and finished the day at $47.80. Traded volume was 26.81million shares in the last session and the average volume of the stock remained 30.23million shares. The beta of the stock remained 2.36. Citigroup Inc (NYSE:C) insider ownership is 0.10%.

On Wednesday, Bank of America Corp (NYSE: BAC) agreed to pay $6.3 billion to Fannie Mae and Freddie Mac to resolve lawsuits about the sale of defective mortgage securities to Freddie and Fannie. Bank of America Corp (NYSE:BAC) rose 0.81 percent to $17.34 Tuesday on volume of 57.42million shares. The intra-day range of the stock was $17.26 to $17.40. Bank of America Corp (NYSE:BAC) has a market capitalization of $182.56billion.

In a bid to shore up their fragile balance sheets and cope with the mountain of bad loans, Greece’s central bank told Piraeus and Alpha Bank earlier this month that they need to raise EUR425 million and EUR262 million, respectively. The country’s four big lenders–which includes Piraeus and Alpha, as well as National Bank of Greece (ADR) (NYSE:NBG) and Eurobank Ergasias SA–need to cover a total capital shortfall of EUR5.8 billion. National Bank of Greece (ADR) (NYSE:NBG)’s stock on Apr 01, 2014 reported a increase of 1.08% to the closing price of $5.61. Its fifty two weeks range is $2.85 -$24.70. The total market capitalization recorded $13.45billion. The overall volume in the last trading session was 2.62million shares. In its share capital, NBG has 2.40billion outstanding shares.

Wells Fargo & Company (NYSE:WFC) announced today that Timothy J. Sloan, the company’s current chief financial officer and a senior executive vice president, will become head of the Wholesale Banking group, effective May 15, 2014. On Tuesday, shares of Wells Fargo & Co (NYSE:WFC) advanced 0.06% to close the day at $49.77. Company return on investment (ROI) is 9.80% and its monthly performance is recorded as 7.84%. Wells Fargo & Co (NYSE:WFC) quarterly revenue growth is 10.11%.

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