Financial Stocks Closed Lower (JPM, WFC, AIG, KEY)


(EMAILWIRE.COM, March 13, 2010 ) Dallas, Tx - Wells Fargo & Company (NYSE:WFC) decreased 0.44% to $29.63 on 36.68 million shares. The company said today that as of Feb. 28, the company had 505,832 active trial and completed modifications through its own modification programs and the federal Home Affordable Modification Program.

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JPMorgan Chase & Co. (NYSE:JPM) went down 0.07% to $43.15 on 31.37 million shares. Washington Mutual, Inc. announced that it has reached a Global Settlement Agreement with JPMorgan Chase & Co. and the Federal Deposit Insurance Corporation (FDIC). The significant terms of the settlement have been read into the record of the United States Bankruptcy Court for the District of Delaware, the court overseeing Washington Mutual, Inc.'s chapter 11 bankruptcy case.

American International Group, Inc. (NYSE:AIG) dropped 2.51% to close at $34.23 on 21.01 million shares.

KeyCorp (NYSE:KEY) lost 4.19% to $7.55 on 31.95 million shares. The stock is up over 24% in the last three months of trading sessions.

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