Several banking news stories will affect stock prices as trading continues today. The following listed companies should see some movement: Citigroup Inc. (NYSE:C) and J.P. Morgan Chase & Co. (NYSE:JPM). Here is a more detailed look at the stories affecting each company as the day’s trading continues.

Citigroup Inc. (NYSE:C)

The financial services major Citigroup Inc. (NYSE:C) has become AIG’s global coordinator.

American International Group’s [AIG] list of global coordinators has been updated, adding Citigroup Inc. (NYSE:C), to expand its largest overseas life insurance business.

The WSJ reported the move, citing a person familiar with the matter.

As the insurer is almost controlled by US government, the new expansion could pave the way to helping the economic recovery.

J.P. Morgan Chase & Co. (NYSE:JPM)

On a mission to meet the fast moving demands of the industry, J.P. Morgan Chase & Co. (NYSE:JPM) plans to strengthen global trade practices.

J.P. Morgan Chase & Co. (NYSE:JPM) treasury services announced today that they are making changes to their organizational structure, in order to meet the ever increasing demands of financial trading and supply chain management systems.

Many senior managers and 100 plus supply chain trade professionals are expected to be added to the team as part of the new policy.

We could possibly see more movement as the day’s trading progresses for Citigroup Inc. (NYSE:C) and J.P. Morgan Chase & Co. (NYSE:JPM).

Here is another batch of news stories which may affect stock prices as trading continues today. The following listed companies should see some movement: J.P. Morgan Chase & Co. (NYSE:JPM), Ford Motor Company (NYSE:F) and Toyota Motor Corporation (NYSE:TM).

Here is a more detailed look at the news that will affect each company as the day’s trading continues.

J.P. Morgan Chase & Co. (NYSE:JPM)

The new J.P. Morgan Chase & Co. (NYSE:JPM) investment fund will be the first of its kind, as it will invest solely in global emerging markets and aim for income. Thursday’s launch will be the largest IPO for the company, and will come in at £104 million ($162 million).

It is rare for an investment vehicle to target solely emerging markets for income, however J.P. Morgan Chase & Co. (NYSE:JPM) have stated that they are simply try to reflect the demand by investors to get their money from outside the usual locations.

Ford Motor Company (NYSE:F)

Chinese car manufacturer Geely will finalize the puchase of Volvo from Ford Motor Company (NYSE:F) next week, at a price of around a third of the previous transaction price for the Swedish company.

The sale of Volvo is part of a Ford Motor Company (NYSE:F) plan to attempt to withdraw from European luxury car brands, which have not delivered the types of returns which they had initially anticipated.

Ford will continue to give support to the Chinese company for an unspecified length of time.

Toyota Motor Corporation (NYSE:TM)

Toyota Motor Corporation (NYSE:TM) has been forced to recall 400,000 of their Avalon sedans, in order to fix an issue with the steering lock.

The news will frustrate employees and stockholders, who will see it as another blunder by a company which is rebuilding its tarnished reputation after a series of recalls and problems with their cars over the last few years. It is thought that the steering-lock issue may have affected as many as 370,000 cars built in the US between 2000 and 2003.

There will probably be more movement as the day’s trading progresses for J.P. Morgan Chase & Co. (NYSE:JPM), Ford Motor Company (NYSE:F) and Toyota Motor Corporation (NYSE:TM).

A number of banking stocks may be affected by news stories when trading continues today. The following stocks should see some movement: Citigroup Inc. (NYSE:C), J.P. Morgan Chase & Co. (NYSE:JPM) and Bank of America Corporation (NYSE:BAC).

Here is a more detailed look at the news that will affect each company when trading continues.

Citigroup Inc. (NYSE:C)

Citigroup Inc. (NYSE:C) will be named by the President’s ‘pay czar’, who has been investigating different financial institutions which received government bailout money.

He is set to criticize payouts by banks, including bankers’ bonuses, in the wake of the worst losses in financial service history.

It is unclear whether Feinberg will ask some individual bankers to pay back huge bonuses which were awarded while the 2008 financial crisis was at its worst point.

J.P. Morgan Chase & Co. (NYSE:JPM)

Kenneth Feinberg, the man charged with investigating payments made by banks and other institutions which received government ‘bailout money’ due to problems from the financial crisis, is expected to name J.P. Morgan Chase & Co. (NYSE:JPM) as one of those which made ‘ill-advised’ payments to bankers, as America felt the full force of the crisis.

It is not known what the full definition of ‘ill-advised’ is, however huge banking bonuses paid to executives as they accepted government-backed bailout money has been a subject of the inquiry.

It is not yet known what, if anything, the banks will do in response to these accusations, as most have already paid back their bailout cash.

Bank of America Corporation (NYSE:BAC)

New York State Comptroller Thomas DiNapoli will sue Bank of America Corporation (NYSE:BAC) for its “fraudulent activities and misleading public disclosures”, over the handling of a pension fund worth more than $130 billion. DiNapoli seeks to gain money lost from Bank of America Corporation (NYSE:BAC)’s hiding of facts surrounding their acquisition of Merrill Lynch.

Andrew Cuomo , the New York Attorney General, has also filed civil fraud charges against Bank of America Corporation (NYSE:BAC).

We may see more movement when trading continues for Citigroup Inc. (NYSE:C), J.P. Morgan Chase & Co. (NYSE:JPM) and Bank of America Corporation (NYSE:BAC).

Several breaking news stories will affect stock prices when trading continues. The following companies should see some movement: Citigroup Inc. (NYSE:C), J.P. Morgan Chase & Co. (NYSE:JPM) and Bank of America Corporation (NYSE:BAC).

Here is a more detailed look at the news that will affect each company when trading continues.

Citigroup Inc. (NYSE:C)

David Cameron, the governing coalition leader, will meet a number of banking heads, including Citigroup Inc. (NYSE:C) CEO Vikram Pandit.

Fresh from the introduction of the most sweeping Wall Street regulations since the Great Depression, Pandit will be looking to make sure the same fate doesn’t await Citigroup Inc. (NYSE:C) on the other side of the Atlantic.

Britain has been hit hard by the economic slowdown, with many worried that a ‘double dip’ recession could extend the misery of consumers on the high street.

Cameron sees investment by banks as a deciding factor in increasing employment and his own party’s popularity in the country.

J.P. Morgan Chase & Co. (NYSE:JPM)

Shanghai has been the setting for a huge property deal between two of the biggest financial institutions in the world, J.P. Morgan Chase & Co. (NYSE:JPM) and Morgan Stanley.

J.P. Morgan Chase & Co. (NYSE:JPM) has agreed to purchase a service appartment property project in the Pudong New Area of Shanghai, China, for the price of 1.2 billion yuan.

Morgan Stanley won’t be too unhappy to say goodbye to the investment, however, after having bough the Pinnacle Century Park in May 2006 for 700 million yuan.

Bank of America Corporation (NYSE:BAC)

Challenging Economic conditions have left many homeowners with issues in repaying their home loans, and banks have tried to step up to this challenge by assisting these vulnerable members of society.

Bank of America Corporation (NYSE:BAC) have helped around 160,000 of these homeowners who have faced difficulties in repaying their motrtgages or loans, by modifying the conditions of the agreements.

Reports say Bank of America Corporation (NYSE:BAC) lead all lenders in June with regard these modifications, with more than 72,000.

We may see more movement when trading continues for Citigroup Inc. (NYSE:C), J.P. Morgan Chase & Co. (NYSE:JPM) and Bank of America Corporation (NYSE:BAC).

Banking update: Several breaking news stories will affect banking stocks as trading continues today. The following companies should see some movement: Citigroup Inc. (NYSE:C), Bank of America Corporation (NYSE:BAC) and J.P. Morgan Chase & Co. (NYSE:JPM).

Here is a more detailed look at the news that will affect each company when trading continues.

Citigroup Inc. (NYSE:C)

Citigroup Inc. (NYSE:C) announced its Q2 results, which showed a net profit of $2.7 billion, or 9 cents per share.br>
Although this amount was down on the 49 cents per share profit of Q1, the CEO of the company,Vikram Pandit, was happy with the ‘solid’ figures.

Citigroup Inc. (NYSE:C) revenue was $22.1bn, down $3.4bn Q1 2010.

Bank of America Corporation (NYSE:BAC)

The good news for Bank of America Corporation (NYSE:BAC) was a 15% increase in profit over the previous quarter. There was also an announcement that loans were performing better than previously expected.

Bank of America Corporation (NYSE:BAC) expressed its concern, however, on the longer term picture. Increased Wall Street regulations and a potential drop in debit-card income could mean that revenues in the future may be squeezed. There is also the continuing fear of a ‘double dip’ recession impacting stock prices in the medium term.

J.P. Morgan Chase & Co. (NYSE:JPM)

A number of tax rises in the UK, including a 50% tax on bonuses above £25,000 and 50% tax on the highest earners have left many bankers looking for a way out – and it seems that J.P. Morgan Chase & Co. (NYSE:JPM) see the location as New York.

Warnings were given when plans for these ‘headline grabbing’ measures were first announced, and it seems that the effects may now be coming to fruition.

Recent reports have also suggested J.P. Morgan Chase & Co. (NYSE:JPM) may be on the verge of cancelling their £1.5 billion plan for a new headquarters in London’s Canary Wharf area.

We could see more movement when trading continues for Citigroup Inc. (NYSE:C), Bank of America Corporation (NYSE:BAC) and J.P. Morgan Chase & Co. (NYSE:JPM).

Several news stories will affect stock prices when trading continues. The following stocks should see some movement: J.P. Morgan Chase & Co. (NYSE:JPM), Ford Motor Company (NYSE:F) and Toyota Motor Corporation (NYSE:TM).

Here is a more detailed look at the news that will affect each company when trading continues.

J.P. Morgan Chase & Co. (NYSE:JPM)

It can always be a touchy situation when salesperson moves on to a new company. As with J.P. Morgan Chase & Co. (NYSE:JPM), which is suing a former financial adviser who left the company in favor of Morgan Stanley Smith Barney and has reportedly already transferred $30 million of client assets to his new company, according to documents filed in the New York Supreme Court on Wednesday.

JP Morgan alleges that Michael Lupia breached his employment contract and used confidential information to contact clients and transfer their accounts to his new company.

Ford Motor Company (NYSE:F)

Dearborn, Michigan-based Ford Motor Company (NYSE:F) announced that James H. Hance, Jr. has been elected to the company’s Board of Directors, effective immediately.

Hance is 65 years old and the former CFO and vice chairman of Bank of America. He retired from Bank off America after 18 years with the company.

Toyota Motor Corporation (NYSE:TM)

Toyota Motor Corporation (NYSE:TM) denies any negligence or deceptive actions in connection with the recent recalls of its Lexus and Toyota Crown valve spring recalls.

The company says it took reasonably prudent actions to remedy the problem on initial reports of broken valve springs, increasing the thickness of the valve springs in August 2008 and again in September 2009.

There will probably be more movement when trading continues for J.P. Morgan Chase & Co. (NYSE:JPM), Ford Motor Company (NYSE:F) and Toyota Motor Corporation (NYSE:TM).

Several breaking news stories will affect stock prices when trading continues. The following stocks should see some movement: Citigroup Inc. (NYSE:C), Bank of America Corporation (NYSE:BAC) and J.P. Morgan Chase & Co. (NYSE:JPM).

Here is a more detailed look at the news that will affect each company when trading continues.

Citigroup Inc. (NYSE:C)

Citigroup Inc., (NYSE:C) said Sunday it will exclude South Korea from a new bond index it is developing to track the effects of derivatives investing.

According to a statement from the bank, Citigroup said it needs to make sure proposed government rules capping holdings of currency forwards, swaps and options won’t stop investors from tracking the index’s returns when hedged for foreign-exchange exposure. Citigroup Inc., (NYSE:C) said it will reconsider South Korea’s status third quarter.

Bank of America Corporation (NYSE:BAC)

Bank of America Corporation (NYSE:BAC), after being bailed out by the US government in 2008, is still using options trading to leverage its asset in a reckless play for profits.

Bank of America Corporation (NYSE:BAC) currently is invested in derivatives to the tune of $46.6 billion, together the big 4 banks in the US hold derivatives contracts worth 16 times US GDP. Leveraging like this was one main cause of the banks’ failure in 2008, and it seems little has changed since then.

J.P. Morgan Chase & Co. (NYSE:JPM)

J.P. Morgan Chase & Co. (NYSE:JPM) holds a bigger derivatives position than any other bank in the US, with $76.4 trillion in nominal value.

In fact, the company has a market cap of only $142.56 billion, which is dwarfed by its investment in options alone, showing just how hungry for profit the bank is.

Expect more movement when trading continues for Citigroup Inc. (NYSE:C), Bank of America Corporation (NYSE:BAC) and J.P. Morgan Chase & Co. (NYSE:JPM).

Several breaking news stories will affect stock prices as trading begins today. The following stocks should see some movement: Citigroup Inc. (NYSE:C), Bank of America Corporation (NYSE:BAC) and J.P. Morgan Chase & Co. (NYSE:JPM).

Here is a more detailed look at the news that will affect each company as the day’s trading continues.

Citigroup Inc. (NYSE:C)

Citigroup Inc. (NYSE:C) today added $50,000 to its more than $28 million of support for the March of Dimes to give babies a healthy start in life. March of Dimes seeks to ensure healthy moms and babies stay healthy during pregnancy.

Concerning the donation, Citigroup Inc. (NYSE:C) said it makes sense to take care of the market you serve. Citigroup Inc. (NYSE:C) has donated over $28 million to March of Dimes over the past 12 years.

Bank of America Corporation (NYSE:BAC)

Congress is now amending its financial legislation, and following objections from Sen. Scott Brown (R-Mass.) regarding the bill requiring the FDIC to collect $19 billion from banks with more than $50 billion in total assets (read B of A), as a kind of tax on the purportedly strongest banks.

The committee will raise deposit insurance premiums in efforts to recoup the full $19 billion.

J.P. Morgan Chase & Co. (NYSE:JPM)

Bank of America Corporation (NYSE:BAC) has recently surpassed its mairival JPMorgan to rank as the world’s top bank in terms of capital. However, the race doesn’t end there.

If profits is the measure, then the Industrial and Commercial Bank of China (ICBC) is the winner. This comes as J.P. Morgan Chase & Co. (NYSE:JPM) Tier 1 capital fell 2% last year.

There will probably be more movement as the day’s trading progresses for Citigroup Inc. (NYSE:C), Bank of America Corporation (NYSE:BAC) and J.P. Morgan Chase & Co. (NYSE:JPM) in trading today.