Published by Amarendra Bhushan on May 8, 2011


Bank of America Corporation (NYSE:BAC) is trading at a price of $12.31, a dramatic change of 0.01 with % change of 0.08 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 124.59B. Bank of America disclosed new suits over home-loan originating and servicing. Bank of America Corporation has decided to triple the number of its assistance centres that help customers manage mortgage payments, its latest community outreach effort as consumers continue to struggle under heavy payments and credit woes.

Royal Bank of Scotland Group plc (ADR) (NYSE:RBS) is trading at a price of $13.87, a dramatic change of 0.58 with % change of 4.36 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 40.62B. Chief Executive Officer Stephen Hester said the “sins from the past are receding” after the government-controlled lender posted a bigger-than-estimated first quarter loss. “There are still a few of them with us, and there will be several more quarters obviously in which that receding happens,” Hester told reporters today. “As we tick off each of these items from the past, then that growing operating profit will become increasingly available to shareholders.”

Lloyds TSB Group plc (ADR) (NYSE:LYG) is trading at a price of $3.45, a dramatic change of -0.03 with % change of -0.86 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 58.71B. Lloyds Banking Group’s plan to sell 600 branches could result in thousands of head office staff being transferred to the new owner – as well as employees in the branches themselves. A top executive at Lloyds TSB has said that he was ”glad” the bank had pulled out of Ireland last year, and that its subsidiary, Bank of Scotland (Ireland), couldn’t sell even a ”perfect” property because of a lack of liquidity.In a conference call to analysts after Lloyds’ first-quarter sales update last week, group finance director Tim Tookey said the bank’s decision to close BoSI and manage its assets from Britain were ”the right actions” in light of poor economic and trading conditions in Ireland.”You could not sell a perfect piece of prime real estate with a prime tenant for what would be considered a fair price,” Tookey said.

Allied Irish Banks plc. (ADR) (NYSE:AIB) is trading at a price of $3.25, a dramatic change of 0.12 with % change of 3.83 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 559.09M

ICICI Bank Limited (ADR) (NYSE:IBN) is trading at a price of $48.07, a dramatic change of 1.66 with % change of 3.58 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 27.68B. Technical indicators for the stock are bearish and S&P does not currently have a STARS rating for IBN.

Westpac Banking Corporation (ADR) (NYSE:WBK) is trading at a price of $127.92, a dramatic change of 3.06 with % change of 2.45 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 77.00B

Banco Bradesco SA (ADR) (NYSE:BBD) is trading at a price of $19.48, a dramatic change of 0.46 with % change of 2.42 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 74.51B

State Street Corporation (NYSE:STT) is trading at a price of $46.55, a dramatic change of 0.67 with % change of 1.46 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 23.46B

Banco Macro SA (ADR) (NYSE:BMA) is trading at a price of $35.26, a dramatic change of 0.44 with % change of 1.28 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 2.10B. The bank’s 258mn-peso earnings in 1Q11 were 5% above the same period in 2010, but came in below expectations due to a decline in securities gains. Macro’s first quarter profit figures came in 11% below Deutsche Bank (NYSE: DB) estimates, mainly as lower net interest margin (NIM) offset continued strong volume growth and improved asset quality, DB’s analysts wrote in a report.

Citigroup Inc. (NYSE:C) is trading at a price of $4.52, a dramatic change of 0.04 with % change of 0.89 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 13.16B

Toronto-Dominion Bank (USA) (NYSE:TD) is trading at a price of $84.69, a dramatic change of 0.43 with % change of 0.51 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 74.84B

Royal Bank of Canada (USA) (NYSE:RY) is trading at a price of $60.47, a dramatic change of 0.28 with % change of 0.47 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 86.30B

BBVA Banco Frances S.A. (ADR) (NYSE:BFR) is trading at a price of $9.64, a dramatic change of 0.01 with % change of 0.1 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 1.72B

Banco Latinoamericano de Comercio Exr SA (NYSE:BLX) is trading at a price of $17.98, a dramatic change of 0.01 with % change of 0.06 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 659.87M

Grupo Financiero Galicia S.A. (ADR) (NASDAQ:GGAL) is trading at a price of $12.4, a dramatic change of 0 with % change of 0 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 1.19B. Earlier, Grupo Financiero Galicia SA announced that on April 4, 2011 its Board of Directors has approved the issuance of negotiable bonds under the Global Program of Negotiable Bonds Issuance. Further details were not disclosed.

U.S. Bancorp (NYSE:USB) is trading at a price of $25.19, a dramatic change of -0.01 with % change of -0.04 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 48.50B

Canadian Imperial Bank of Commerce (USA) (NYSE:CM) is trading at a price of $83.75, a dramatic change of -0.17 with % change of -0.2 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 34.20B

Barclays PLC (ADR) (NYSE:BCS) is trading at a price of $18.05, a dramatic change of -0.11 with % change of -0.61 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 54.99B

Banco Bilbao Vizcaya Argentaria SA (ADR) (NYSE:BBVA) is trading at a price of $11.9, a dramatic change of -0.22 with % change of -1.82 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 53.44B.

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A journalist, author and serial entrepreneur- Founder and CEO of CEOWORLD Magazine and Lucentbyte Media Technologies LTD. (abdhiraj@ceoworld.biz)


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Loading ... Loading ...Tagged with: AIB, Allied Irish Banks plc, BAC, Banco Bilbao Vizcaya Argentaria SA, Banco Bradesco SA, Banco Latinoamericano de Comercio Exr SA, Banco Macro SA, Bank of America Corporation, Barclays PLC, BBD, BBVA, BBVA Banco Frances S.A., BCS, BFR, BLX, BMA, C#, Canadian Imperial Bank of Commerce, Citigroup Inc, CM, GGAL, Grupo Financiero Galicia S.A., IBN, ICICI Bank Limited, Lloyds TSB Group plc, LYG, NASDAQ:GGAL, NYSE:AIB, NYSE:BAC, NYSE:BBD, NYSE:BBVA, NYSE:BCS, NYSE:BFR, NYSE:BLX, NYSE:BMA, NYSE:C, NYSE:CM, NYSE:IBN, NYSE:LYG, NYSE:RBS, NYSE:RY, NYSE:STT, NYSE:TD, NYSE:USB, NYSE:WBK, RBS, Royal Bank of Canada, Royal Bank of Scotland Group Plc, RY, State Street Corporation, STT, TD, Toronto-Dominion Bank, U.S. Bancorp, usb, WBK, Westpac Banking Corporation

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