Dallas,TX 2/12/2010 11:47:32 PM
News / Business

Banking Stocks Opens Weak (NYSE: AIB, NBG, LYG)

Banking Stocks

 

Allied Irish Banks, plc. (ADR) (NYSE:AIB) slid 3.75% to $3.08 after Prime Active Capital plc announced that Allied Irish Banks plc and its subsidiaries hold 921,247 ordinary shares of €0.50 each in the capital of the Company, representing 4.06% of the total issued ordinary share capital of the Company. Earlier Allied Irish Banks plc had 7.34% of the total issued ordinary share capital of the Company.

 

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National Bank of Greece (ADR) (NYSE:NBG) plunged down 7.81% to $3.66. The stock hit an intraday high and an intraday low of $3.74 and $3.65 respectively. In the last six months the stock went down over 36%. National Bank of Greece S.A. is a financial institution. The Company’s core focus outside Greece is in Turkey and South Eastern Europe, where it operates in Bulgaria, Serbia, Romania, Albania, Cyprus and the Former Yugoslav Republic of Macedonia. It has presence in 11 countries outside Greece.

 

Lloyds Banking Group PLC (ADR) (NYSE:LYG) decreases 5.48% to $2.93 on 1.29 million shares after Dow Jones reported that at least five buyout firms are interested in Lloyds Banking Group plc's private equity unit, Reuters news agency reported, citing sources familiar with the process. Bridgepoint Capital and Lexington Capital are considering a joint bid, with Lexington providing the funding and Bridgepoint managing the assets, Reuters reported one person familiar with the deal as saying.

 

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