The following video is from Monday's installment of Where the Money Is, in which Fool analysts Matt Koppenheffer and David Hanson highlight for investors the most important stock news from the financial sector.
Citigroup (NYSE:C) is looking to open a physical presence in Iraq, projecting that by 2050 the Iraqi economy will be booming and one it wants to be a part of. But while international growth is going to be vital for Citigroup going forward, is opening more physical locations the right move for the company right now or does this start to stretch Citigroup a little thin?
The relevant video segment can be found between 1:59 and 3:02.
David Hanson owns shares of JPMorgan Chase. Matt Koppenheffer owns shares of Bank of America and JPMorgan Chase. The Motley Fool recommends and owns shares of Bank of America. It owns shares of Citigroup and JPMorgan Chase. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.