In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss the day's headlines. Among the newsmakers they discuss are the looming government shutdown, Citigroup's (C 0.06%) move into China, and banks' new focus.
1 U.S. Company Setting Up Shop in China
By Matt Koppenheffer and David Hanson – Sep 30, 2013 at 3:43PM
NYSE: C
Citigroup

Market Cap
$186B
Today's Change
(-0.06%) $0.06
Current Price
$100.79
Price as of November 7, 2025 at 4:00 PM ET
Today's top stories for the banking and financial sector. The news makers include Citigroup, Bank of America, and JPMorgan Chase, and Wells Fargo.
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.