The Deal
Saturday, November 21, 
11:25 pm

Bank Watch: Free falling

  Share     E-Mail    Discussion    Print Story
The Dow Jones Industrial Average plunged more than 725 points, the Nasdaq was down 159, and the S&P 500 fell 84 points as of 3 p.m. Regional and national banks both got slammed amid fears that the economy will roll into a deep recession or depression. - Maria Woehr

Troubled Wall Street
Prices at 3:00 pm EDT
Name Price at
open
Price
at 3:00pm
Change Mkt cap
J.P. Morgan Chase & Co. 43.49 42.09 -3.75 144.49B
Merrill Lynch & Co. 25.09 22.85 -3.82 34.77B
Goldman Sachs Group Inc. 122.10 116.75 -11.15 46.13B
Morgan Stanley 22.49 21.42 -2.49 23.82B
Citigroup Inc. 17.23 16.52 -1.83 89.58B
Fannie Mae 1.12 1.03 -0.30 1.12B
Freddie Mac 1.26 1.23 -0.26

795.83M

Bank of America Corp. 31.78 31.03 -3.45 142.32B
Wachovia Corp. 5.74 5.77 -0.44 12.54B
Wells Fargo & Co. 33.30 32.51 -2.00 107.67B
Sovereign Bancorp, Inc. 5.19 5.02 -0.84 3.31B
National City Corp. 2.57 2.30 -1.19 4.83B
Fifth Third Bancorp 12.25 11.13 -2.00 6.54B
Capital One Financial Corp. 43.00 40.59 -4.29 17.66B
US Bankcorp 33.73 34.32 -0.75 59.82B
Regions Financial Corp. 12.01 11.79 -1.71 8.19B
KeyCorp 11.25 10.69 -1.86 5.26B
American International Group Inc. 3.43 3.74 -0.14 10.06B
Source: The Deal

Continue reading below

Also on Dealscape





Post a comment





The Deal Pipeline

Deal Video


Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.


footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg


©Copyright 2009, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.