Lloyds TSB Group plc (NYSE: LYG) losing value, as Citigroup Inc. (NYSE: C) seeking higher

Banks haven't entered the red zone

In brief: Lloyds TSB Group plc (NYSE: LYG) is unable to find foothold, while Citigroup Inc. (NYSE: C) remains in the green zone. The banking sector shows mixed dynamics.

Lloyds TSB Group plc (NYSE: LYG) has continued volatile trading against the background of new problems faced by British banks. Lloyds shares came close to 4.31 points, losing -0.01 (-0.23%).

Another bank – Citigroup Inc. (NYSE: C) continues to rise within small volumes of today’s trading. Citigroup Inc. (NYSE: C) shares reached 3.79 points, winning +0.04 (1.07%) in the first half of the trading session. Analysts believe that the banking sector will be under the influence of mixed dynamics until the week’s end. Everyone is waiting for the speech and reporting by U.S. Federal Reserve chairman Bernanke.

Dmitriy Srebnev
2010-08-23 16:37, Economics.

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