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) --

Fifth Third

(FITB) - Get Free Report


State Street

(STT) - Get Free Report

were the losers among the largest U.S. banks Monday, with shares of each company sliding 3%.

Fifth Third's shares closed at $12.39 and State Street closed at $45.65.

The broad indexes declined amid a strong

rally for the dollar

, as investors speculated about the eventual solution to the

European debit crisis



KBW Bank Index


declined 1.5% to 48.97, with all 24 index components down for the session, save

New York Community Bancorp


, which was up a penny, to close at $16.30, and has a dividend yield of 6.13%, based on a 25-cent quarterly payout.

Large bank stocks declining 2% Monday included


(BBT) - Get Free Report

, which closed at $26.10;


(C) - Get Free Report

, closing at $40.16;


(CFR) - Get Free Report

, at $57.72;


(CMA) - Get Free Report

, at $35.80;

Capital One

(CFR) - Get Free Report

, at $54.09;

Regions Financial

(RF) - Get Free Report

, at $6.83; and

Wells Fargo

(WFC) - Get Free Report

, which closed at $27.53.

Bloomberg reported that JPMorgan Chase and Deutsche Bank were subject to New York Attorney General Eric Schneiderman's

mortgage securitization investigation



Stripper Loans and Mortgage Smoking Guns >>

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Shorted Financial Stocks Spike in April >>

Hartford Dumps Thrift as Insurers Flee Banking >>

Banks to Profit Off Jumbos: Moody's >>


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.