The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * U.S. regulators have expanded their investigation into large banks' hiring practices in Asia, seeking more information from at least five U.S. and European firms. The SEC in early March sent letters to a group of companies including Credit Suisse Group AG, Goldman Sachs Group Inc, Morgan Stanley, Citigroup Inc and UBS seeking more information about their hiring in Asia. (r.reuters.com/xad29v)* Chinese e-commerce company Alibaba (IPO-ALIB.N) filed plans to offer its shares in the United States, valuing itself at more than $100 billion, and confirming its size and scale ahead of what is expected to be one of the largest stock listings in history. (r.reuters.com/bed29v)
Citigroup Inc. (Citigroup) is a global diversified financial services holding company whose businesses provide consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management. Shares of C fell by 1.74% or $-0.82/share to $46.36. In the past year, the shares have traded as low as $45.06 and as high as $55.28. On average, 26539300 shares of C exchange hands on a given day and today's volume is recorded at 21786728.
Credit Suisse Group AG is a Switzerland-based holding company engaged in private banking, investment banking and asset management areas. Shares of CS fell by 0.8% or $-0.25/share to $30.96. In the past year, the shares have traded as low as $25.93 and as high as $33.98. On average, 851295 shares of CS exchange hands on a given day and today's volume is recorded at 1189862.
The Goldman Sachs Group, Inc. (Goldman Sachs), is a global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Shares of GS fell by 1.16% or $-1.81/share to $154.54. In the past year, the shares have traded as low as $147.06 and as high as $181.13. On average, 3504090 shares of GS exchange hands on a given day and today's volume is recorded at 3073107.
Morgan Stanley is a global financial services company that, through its subsidiaries and affiliates, provides its products and services to a range of clients and customers, including corporations, governments, financial institutions and individuals. Shares of MS fell by 2.03% or $-0.61/share to $29.46. In the past year, the shares have traded as low as $23.06 and as high as $33.52. On average, 12742600 shares of MS exchange hands on a given day and today's volume is recorded at 16285597.
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