
Citigroup Inc. jumped 19.5 percent, and Bank of America Corp. added 26 percent.
Even banks seen as being on better footing posted big advances. JPMorgan Chase & Co. rose 25 percent, while Wells Fargo & Co. rose 24 percent.
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The Obama administration unveiled its long-awaited plan to remove toxic assets from the books of the nation's banks, betting that it can revive the U.S. financial system without resorting to outright nationalization.
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