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Citigroup stock fell 26% to $4.71 a share on November 20, bringing the decline on the week to more than 50% and the decline in 2008 to 83%.

The share fall came despite Saudi Prince Alwaleed bin Talal, the company's biggest shareholder, saying he would boost his stake to 5% from under 4% and expressing support for Citi's management, led by chief executive Vikram Pandit.

Citigroup is lobbying US regulators to reinstate the ban on short-selling financial stocks, the Wall Street Journal reported on November 20.

JPMorgan stock fell 18% to $23.38 a share on November 20, and Bank of America shares fell 14% to $11.25.