Hot Banking Stocks – Wells Fargo & Co (NYSE:WFC), Barclays PLC (ADR) (NYSE:BCS), HSBC Holdings (NYSE:HSBC), Bank of America (NYSE:BAC)

Wells Fargo & Co (NYSE:WFC), the largest U.S. home lender, has assigned about 400 underwriters to originate mortgages for the bank to hold, with as many as 40 percent of those loans likely to fall outside government guidelines taking effect this week. Wells Fargo & Co (NYSE:WFC) stock opened at $45.40 in last session, and closed at $45.92, while the day range of WFC stock is $45.35 – $45.95. The stock showed a positive weekly performance of 1.15%.

Israel is considering selling its first euro-denominated bonds since 2010; the government hired Barclays PLC (ADR) (NYSE:BCS), to arrange the transaction, according to a person familiar with the situation, who asked not to be identified because the information isn’t public. The sale may take place in the next few weeks, according to the person. Barclays PLC (ADR) (NYSE:BCS) stock opened at $18.72, in last session and closed at $18.80, by gaining 1.90%. The 52 week range of the stock is $15.83 – $20.60. Company’s market capitalization is $75.65 billion.

Sanford C. Bernstein reissued their outperform rating on shares of HSBC Holdings (NYSE:HSBC) in a research report sent to investors on Tuesday morning, Analyst Ratings Network.com reports. The firm currently has a GBX 860 ($14.11) price target on the stock. HSBC Holdings plc (ADR) (NYSE:HSBC) stock advanced 0.05% and finished the last session at $55.59. The EPS of the stock remained 4.29. Company’s market capitalization is $207.09 billion.

Bank of America Corp (NYSE:BAC) fired a trader who brought in three-quarters of its Asian distressed debt trading group profits to avoid paying a performance bonus, her lawyer said on the first day of trial in the case. Bank of America Corp (NYSE:BAC) stock opened the session at $16.67, and closed the session at $16.58. The 52 week range of the stock remained $10.98 – $16.79 and the day range was $16.52 – $16.69.