Symphony Communication Services LLC, a financial industry instant messaging company backed by Goldman Sachs Group Inc and other big banks, said it bought the open messaging business of financial information provider Markit Ltd. Terms of the deal were not disclosed.Symphony's chat service allows financial firms, corporate customers and individuals to put all of their digital communications on one centralized platform.Goldman led a group of 14 banks including Bank of America Corp, Citigroup Inc and JPMorgan Chase & Co in making a $66 million investment in Symphony in October, when Symphony was set up.The establishment of Symphony, led by chat industry veteran David Gurle, was widely seen as an attempt by the banks to lessen dependence on Bloomberg LP's messaging and chat platform, known as Instant Bloomberg, which is used widely on Wall Street but comes as part of an expensive terminal.
Bank of America Corporation (Bank of America) is a bank holding company and a financial holding company. Shares of BAC traded higher by 1.61% or $0.27/share to $17.06. In the past year, the shares have traded as low as $14.37 and as high as $18.03. On average, 78128000 shares of BAC exchange hands on a given day and today's volume is recorded at 35452796.
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 traded higher by 1.21% or $0.645/share to $54.00. In the past year, the shares have traded as low as $45.18 and as high as $55.28. On average, 16910700 shares of C exchange hands on a given day and today's volume is recorded at 8572186.
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 traded higher by 1.02% or $1.92/share to $190.12. In the past year, the shares have traded as low as $151.65 and as high as $192.68. On average, 2779460 shares of GS exchange hands on a given day and today's volume is recorded at 1465471.
JPMorgan Chase & Co. (JPMorgan Chase) is a financial holding company. Shares of JPM traded higher by 1.35% or $0.81/share to $60.81. In the past year, the shares have traded as low as $52.97 and as high as $61.93. On average, 14134400 shares of JPM exchange hands on a given day and today's volume is recorded at 6048020.
Shares of MRKT traded higher by 0.8% or $0.2/share to $25.28. In the past year, the shares have traded as low as $20.99 and as high as $27.45. On average, 399611 shares of MRKT exchange hands on a given day and today's volume is recorded at 139715.
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