Bank of America Corporation (Bank of America) is a bank holding company, and a financial holding company. Bank of America is a financial institution, serving individual consumers, small and middle market businesses, corporations and Governments with a range of banking, investing, asset management and other financial and risk management products and services. Bank of America Corp (NYSE:BAC) stock opened at $17.27 in last session, and closed at $17.47, while the day range of Bank of America Corp (NYSE:BAC) stock is $17.25 – $17.47. The stock showed a positive weekly performance of 7.24%.
The auction of J.P. Morgan Chase & Co.’s (NYSE:JPM) private equity business, One Equity Partners, has stalled, Reuters reported Saturday, citing three people with knowledge of the situation. JPMorgan Chase & Co. (NYSE:JPM) stock opened at $59.14 in last session, and closed at $59.20 by losing -0.34%. The 52 week range of $46.05 – $59.82. Company’s market capitalization is $222.72 billion.
Citigroup Inc. (NYSE:C) and British financier, Guy Hands mutually ended their litigation in the U.S, which has been stretching over four years. The lawsuit was related to Terra Firma Capital Partners, the private equity firm owned by Guy Hands, which purchased EMI Group Ltd. in 2007. However, both parties agreed to pursue the case in England. Citigroup Inc. (NYSE:C) stock decreased -0.10% and finished the last session at $49.57. The EPS of the stock remained 4.26. Company’s market capitalization is $150.10 billion.
Raymond James Financial Inc.’s brokerage unit said on Monday that it hired two veteran advisers from Wells Fargo & Co. Wells Fargo & Co (NYSE:WFC) stock opened the session at $47.90, and closed the session at $48.15. The 52 week range of the Wells Fargo & Co (NYSE:WFC) stock remained $36.19 – $48.48 and the day range was $47.58 – $48.28.
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