Citigroup Inc. (NYSE:C) is being investigated by U.S. authorities over an alleged fraud by its Mexican unit, Banco Nacional de Mexico, or Banamex. The bank says it has received subpoenas from the Federal Deposit Insurance Corp. and the U.S. Attorney’s Office for Massachusetts over issues of compliance with the Bank Secrecy Act and anti-money laundering rules. Citigroup Inc (NYSE:C) stock opened at $47.80 in last session, and closed at $47.61, while the day range of stock is $47.55 -$48.25. The stock showed a negative weekly performance of -2.80%.
J.P. Morgan Chase & Co. (NYSE:JPM) will pay $400 million to settle lawsuits brought by Syncora Guarantee Inc., a bond insurer, over mortgage-backed securities, Reuters reported Monday. JPMorgan Chase & Co. (NYSE:JPM) stock opened at $56.30, in last session and closed at $56.21, by losing -1.07%. The 52 week range of the stock is $46.05 – $59.82. Company’s market capitalization is $212.86 billion.
Bank of America Corp (NYSE:BAC) partnered with Washington State Police to violate the first amendment rights of protesters angry about intrusive government and corporate control. Bank of America Corp (NYSE:BAC) stock decreased -1.39% and finished the last session at $16.30. The EPS of the stock remained 0.89. Company’s market capitalization is $172.26 billion.
Wells Fargo & Company (NYSE:WFC) announced that Regina Edwards has been named head of Corporate Supplier Diversity for the company. Wells Fargo & Co (NYSE:WFC) stock opened the session at $46.11, and closed the session at $46.15. The 52 week range of the stock remained $34.85 – $46.84 and the day range was $45.96 – $46.24.
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