Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Citigroup Ain’t Dead Yet

Shares of Citigroup (NYSE: C  ) popped today after the stock beat analysts' expectations, thanks in large part to losses on some of its troubled assets coming in lower than expected. The day's good news aside, the bank has had a difficult stretch recently, with the Federal Reserve rejecting the bank's capital allocation plan over "qualitative concerns" around Citigroup's capital planning process.

In this segment from Monday's Where the Money Is, Motley Fool financial analyst Matt Koppenheffer points out that while the bank did beat estimates, it still wasn't a stellar quarter. However, Matt breaks down the quarter further for investors, discussing the bank's strategies for the future, and telling investors why he's bullish on Citigroup's long-term story.

Big banking's little $20.8 trillion secret
There's a brand-new company that's revolutionizing banking, and is poised to kill the hated traditional brick-and-mortar banks. That's bad for them, but great for investors. And amazingly, despite its rapid growth, this company is still flying under the radar of Wall Street. To learn about about this company, click here to access our new special free report.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2915152, ~/Articles/ArticleHandler.aspx, 9/3/2015 1:14:35 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Matt Koppenheffer

Matt is the Managing Director of The Motley Fool GmbH, The Fool's German business. Besuch uns bei!

Today's Market

updated Moments ago Sponsored by:
DOW 16,438.50 87.12 0.53%
S&P 500 1,959.03 10.17 0.52%
NASD 4,759.79 9.81 0.21%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/3/2015 12:58 PM
C $52.03 Up +0.28 +0.54%
Citigroup Inc CAPS Rating: ***