Financial Winners and Losers: Citigroup

Financial stocks were mixed Friday, as several big names paused after a big run-up a day earlier.

Author:: TSC Staff
Publish date:: Mar 13, 2009 5:16 PM EDT

Updated from 2:47 p.m. ET

Financial stocks were mixed Friday, as several big names paused after a big run-up a day earlier.

Citigroup

Chairman Richard Parsons told

Reuters

that the company doesn't need any more capital injections from the government and called Citi "one of the better-capitalized banks in the world.'' Citi shares, which dipped under $1 last week, closed up 6.6% to $1.78.

Bank of America

(BAC) - Get Report

were down 1.5% to $5.76, as a judge said he would decide in a week if the company must has to turn over a list of performance bonuses given to the 200 highest paid employees of

Merrill Lynch

. New York Attorney General Andrew Cuomo has subpoenaed the information as part of probe into payouts Merrill made prior to BofA's purchase closing on Jan. 1.

Wells Fargo

(WFC) - Get Report

shares were down 0.1% to $13.94, after the

National Association for the Advancement of Colored People

said it was suing it and

HSBC

(HBC)

for "systematic, institutionalized racism" in its lending practices. Both companies denied the charges. HSBC shares were up 3.2% to $25.98.

JPMorgan Chase

(JPM) - Get Report

shares were up 55 cents to $23.75.

The NYSE Financial Sector Index was down fractionally to 2,6918