Most Active Financial Stocks Losers (NYSE: C, BAC, GS)

Citigroup Inc. (NYSE:C) declines 0.62% to $3.20 on 15.54 million shares after Dow Jones reported that Citigroup Inc. is seeking a long-term partner in China to form a brokerage joint venture. Foreign firms are only allowed to operate investment banking and brokerage businesses in China through a joint venture with a local firm. Foreign investors' holdings in such joint ventures are capped at 33%.

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Bank of America Corporation (NYSE:BAC) plunges 1.93% to $14.71 on 4.63 million shares after United Minerals Corporation NL announced that Bank Of America Corporation is interested in 7,852,180 ordinary shares representing 5.06% of the voting rights in the Company. The Associated Press reported the New York Attorney General's office filed civil charges against Bank of America and its former CEO Ken Lewis, saying the bank misled investors about Merrill Lynch before it acquired the Wall Street bank in early 2009.

Goldman Sachs Group, Inc. (NYSE:GS) decreases 0.88% to $152.81. The stock hit an intraday high and an intraday low of $154.27 and $152.28 respectively. In the last six months the stock went down over 6%. The Goldman Sachs Group, Inc. is a bank holding company and global investment banking, securities and investment management firm that provides services worldwide to corporations, financial institutions, governments and high-net-worth individuals.

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