) --


(C) - Get Citigroup Inc. Report


BB&T Corp.

(BBT) - Get BB&T Corporation Report

both saw share price increases of over 1% on a mixed day for the banking sector.

Citigroup closed at $4.59 and BB&T closed at $26.64. The broad indexes were mixed after hitting multi-year highs Wednesday, as investors reacted to a U.S. Commerce Department report of

slowing economic growth

and the U.S. Labor Department reported that

jobless claims rose by 23,000

last week.


KBW Bank Index

( BKX) was up 0.5% to 51.66.


(BBT) - Get BB&T Corporation Report

was up following a report by Bloomberg that the Winston-Salem, N.C. lender, was considering a bid on

RBC Bank (USA)

, which is

Royal Bank of Canada


(RY) - Get Royal Bank of Canada Report

U.S. consumer banking subsidiary. Citing unnamed sources, Bloomberg said that

PNC Financial

(PNC) - Get PNC Financial Services Group, Inc. Report

was also considering a bid.

Large banks seeing shares climb over 1% Thursday included

Huntington Bancshares

(HBAN) - Get Huntington Bancshares Incorporated (HBAN) Report

TheStreet Recommends

, which closed at $6.85;

Peoples United Financial

(PBCT) - Get People's United Financial, Inc. Report

, closing at $13.64; and


(STI) - Get SunTrust Banks, Inc. Report

, which closed at $28.07.

Bank of New York Mellon

(BK) - Get Bank of New York Mellon Corporation Report

was the loser among large banks Thursday, with shares sliding 1% to close at $28.58, after the company and was



Morgan Stanley

(MS) - Get Morgan Stanley (MS) Report



Bank of New York Mellon Downgraded >>

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Written by Philip van Doorn in Jupiter, Fla.

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Philip van Doorn


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Philip W. van Doorn is a member of TheStreet's banking and finance team, commenting on industry and regulatory trends. He previously served as the senior analyst for Ratings, responsible for assigning financial strength ratings to banks and savings and loan institutions. Mr. van Doorn previously served as a loan operations officer at Riverside National Bank in Fort Pierce, Fla., and as a credit analyst at the Federal Home Loan Bank of New York, where he monitored banks in New York, New Jersey and Puerto Rico. Mr. van Doorn has additional experience in the mutual fund and computer software industries. He holds a bachelor of science in business administration from Long Island University.