The Federal Reserve said Tuesday that it is giving Citigroup Inc. (NYSE:C) and three other big banks another six months to amend their capital plans, changes required after they fell short in the Fed’s annual “stress tests.” Citigroup Inc. (NYSE:C) stock on June 24, 2014 reported a decrease of -0.52% to the closing price of $47.81. Its fifty two weeks range is $45.06 – $55.28. The overall volume in the last trading session was 16,915,354 shares. In its share capital, company has 3.04 billion outstanding shares.
National Bank of Greece (ADR) (NYSE:NBG) reported that it has launched an offer to purchase for cash up to 22,500,000 of the outstanding 25,000,000 American Depositary Shares , each representing one of its Non-Cumulative Preference Shares, Series A, nominal value €0.30 per share , upon the terms and subject to the conditions set forth in the Offer to Purchase dated May 31, 2013 and the accompanying Letter of Transmittal, which, as each may be amended and supplemented from time to time, constitute the offer. On last trading day, National Bank of Greece (ADR) (NYSE:NBG) stock traded at beginning with a price of $3.80 and throughout the trading session climbed at a high of $3.81 and later when day-trade ended the stock finally declined -2.62% to end at $3.71.
JPMorgan Chase & Co. (NYSE:JPM) announced a commitment of $5 million over the next two years to summer youth employment initiatives across the U.S. This commitment expects to fund summer jobs for more than 4,000 teenagers and young adults as well as learning opportunities in the fields of science, technology, engineering, arts and math for 20,000 13- to 24-year-olds. On Tuesday, JPMorgan Chase & Co. (NYSE:JPM) stock hit highest price at $58.12, beginning with a price of $57.88 and decrease -1.32% to the close at $57.42 with day range of $57.30 – $58.12. The total market capitalization of the stock is 217.32 billion; total volume held in the session was 12,306,208 shares which are lower than its average volume of 16.47 million shares.
Wells Fargo & Co (NYSE:WFC) may be affected by the expected regulatory changes, and may need to slightly tinker its capital mix to cater to the new debt funding rule. Wells Fargo & Co (NYSE:WFC) stock in last trading day held volume of 11,200,933 shares as compared to its average volume of 15.55 million shares. Shares after opening at $52.93 attained maximum price of $52.99 and then ended up on $52.49 by declining -0.92%.
Regions Financial Corporation (NYSE:RF) is scheduled to release its second quarter 2014 financial results on Tuesday, July 22, 2014. Regions Financial Corp (NYSE:RF) stock on June 24, 2014 reported a decreased of -1.21% to the closing price of $10.58. Its fifty two weeks range is $8.84 – $11.54. The overall volume in the last trading session was 11,715,736 shares. In its share capital, company has 1.38 billion outstanding shares.