The banking sector rallied as details of the plan to remove bad assets from the books of troubled banks were revealed. Shares of Citigroup Inc. (NYSE: C) gained 44 cents to $3.06, Bank of America Corp. (NYSE: BAC) climbed $1.10 to $7.29 and Wells Fargo & Co. (NYSE: WFC) gained $1.89 to $15.88.
Banking Sector Rallies Over Treasury Plan
March 23, 2009 at 14:39 PM EDT