Top Financial Shares:
Financial shares are lower in today's pre-market session as
investors brace for more speeches from Federal Reserve officials
In financial stocks news this morning, Citigroup (
) shares have sunk about 2% in pre-market trade after the bank said
over the weekend that its trading revenue fell sharply after a
slowdown during the summer, the Financial Times reports. C is down
1.9% at $50.23, trading toward the top of a 52-week range of $31.88
And BB&T (
) cannot recover at least $688 million in taxes and penalties,
according to a ruling by a federal judge, Bloomberg reported over
the weekend. The judge ruled the series of transactions that were
aimed at generating tax credit lacked economic substance. BBT is
steady pre-market at $35.05.
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