Financial Winners & Losers: Morgan, Citi

NEW YORK (TheStreet) -- Some of the biggest financial players in the U.S., including Citigroup(C Quote) and Morgan Stanley(MS Quote), were losers at mid-day Wednesday, while the stock price of several large European financial institutions rose at the end of the London business day.

Morgan Stanley was the biggest loser, down 2.5% at mid-day, possibly on news reports that potential buyers of the 31% stake in China International Capital that Morgan Stanley is selling are low-balling the Wall Street firm in offers. Morgan is pulling out of the investment so it can focus on the creation of a new bank with China Fortune Securities.

Citigroup andJPMorgan Chase(JPM Quote) were both down approximately 1% at mid-day, a general dip that was also experienced by Goldman Sachs(GS Quote); Bank of America(BAC Quote); and Wells Fargo(WFC Quote)..

Allied Irish Banks(AIB Quote); Barclays(BCS Quote); HSBC Holdings(HBC Quote) and Deutsche Bank(DB Quote) were all up at mid-day in New York.

Among the overseas players, it was Ireland's day. The Bank of Ireland(IRE Quote) was up more than 3% in the European afternoon. Allied Irish was up 1.7%.