Bank of America Corp (NYSE:BAC) will report its fourth-quarter 2013 financial results on Jan. 15, 2014. Earnings are expected to surge about nine times from last year. The results are scheduled to be released at 7 a.m. ET, followed by an investor presentation at 8:30 a.m. ET. Bank of America Corp (NYSE:BAC) stock opened at $16.75 in last session, and closed at $16.77, while the day range of stock is $16.61 – $16.79. The stock showed a positive weekly performance of 2.19%.
Wells Fargo & Co (NYSE:WFC), the U.S. bank that’s expanding internationally, will soon be able to manage debt-security offerings in Canada as it builds out its underwriting business. Wells Fargo & Co (NYSE:WFC) stock opened at $46.06, in last session and closed at $45.94, by losing -0.48%. The 52 week range of the stock is $34.50 – $46.20. Company’s market capitalization is $241.99 billion.
JPMorgan Chase & Co. (NYSE:JPM), already beset by costly legal woes, will pay more than $2.5 billion for ignoring obvious warning signs of Bernard Madoff’s massive Ponzi scheme, authorities said Tuesday. JPMorgan Chase & Co. (NYSE:JPM) stock decreased -0.46% and finished the last session at $58.49. The EPS of the stock remained 4.46. Company’s market capitalization is $219.87 billion.
Citigroup Inc (NYSE:C) has fired Rohan Ramchandani, its former head of European spot trading who was already on leave, amid a global probe into the fixing of foreign exchange rates, people familiar with the matter said. Citigroup Inc (NYSE:C) stock opened the session at $55.03, and closed the session at $54.72. The 52 week range of the stock remained $40.28 – $55.28 and the day range was $54.30 -$55.09.