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Among financial names, Citigroup fell $1.44, or 7.1percentto to $18.88.
While the losses at Santander and Optimal are huge, other famously conservative European financial names have also been tarnished by their link to Mr. Madoff.
Like other battered financial names, including Bank of America, Citigroup's shares have been rising recently on hopes that the financial crisis in Europe might be easing and the economic recovery in the United States is gaining steam.
In 2005, it was purchased by a group of familiar financial names: Bain Capital, K.K.R., and Vornado Realty Trust, a real-estate-investment company (most widely recognized today as a major investor in 666 Fifth Avenue, of Kushner-family fame).
Countrywide Financial Names New CFO.
Banks were not the only financial names I highlighted.
Similar(39)
Countrywide Financial named David Sambol president and chief operating officer in a move that analysts said puts him in line to run the firm, the biggest provider of mortgages in the country.
Gensler's favorite financial name is UBS.
My first financial name is Fannie Mae (35,FNM), the mortgage giant.
Allmerica Financial named Frederick Eppinger Frederick Eppinger president and chief executive, effective Sept. 8. Eppinger is now executive vice president for property and casualty field and service operations for The Hartford.
In late 1999 and early 2000, Thompson sold many of his technology stocks and bought financial names--a move that helped him stay ahead of his peers.
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