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JPMorgan Chase & Co. (NYSE:JPM)’s $13 Billion Settlement Sets Legal Precedent For Other Banks

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Just-released report names Cannabis Stock of the Year for 2019! Their last pick has seen a +1,200% return since he released it!

This stock has all of the makings of the next great cannabis stock – early-mover advantage, international exposure and influential partnerships, plus it has a product that is unlike anything else on the market…

You will also receive a free, weekly newsletter to stay on top of the latest industry trends, read analysis on promising cannabis stocks, and more. Click here to receive your Free Report immediately!

An arbitration panel that, earlier on in the year, made Citigroup Inc. (NYSE:C) pay an investor, has lost a rare challenge against a compensation of $10.8 million. Shares of Citigroup Inc. (NYSE:C) ended at a value of $55.20 on previous day’s trading. The institutional ownership of the stock is 70.40% whereas its inside ownership is 0.08%. Share capital of Citigroup Inc. (NYSE:C) has outstanding shares of 3.03 billion.

With a target price of $3.65 on an average the stock of National Bank of Greece (ADR) (NYSE:NBG) is rated at Underweight. The Bank’s stock kicked off its trading day at a value of $5.75 and went up as high as $5.93 during the entire trading day; the stock closed at $5.87. Stock’s weekly performance was 3.53%.

According to StockRatingsNetwork.com, Sanford C. Bernstein’s research analysts repeated the rating of “market perform” of the stock of Barclays PLC (ADR) (NYSE:BCS) in their report that came out on Tuesday. Barclays’ stock has a target price of GBX 290 which is equal to $4.76. There seems to be an imminent upside of 2.22% from Barclays PLC (ADR) (NYSE:BCS)’s existing price as indicated by price objective of Sanford C. Bernstein. On the last day of trading Barclay’s stock held a share volume of 2.55 million. The stock opened at a value of $19.03 and during the day’s trading went up as high as $19.05 and finally took another jump by 0.53% and ended at $18.90.

Interviews and a confidential analysis of the impending legal exposure of the industry conclude that Wall Street may have to pay federal authorities who are pursuing banks that played a part in the mortgage catastrophe almost $50 billion. According to top-level banking executives, the record mortgage settlement of $13 billion made by JPMorgan Chase & Co. (NYSE:JPM) in November has increased the pressure on banks to make deals themselves. In the yesterday’s market shares of JPMorgan Chase & Co. (NYSE:JPM) closed at $58.76. Institutional ownership of the stock is 75.00% whereas its insider ownership is 0.10%. The share capital of the stock has outstanding shares of of 3.77 billion out of which 3.74 billion are being floating in the market.

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