When the financial crisis struck, Bank of America and Citigroup were both caught unprepared. Their low capital levels forced the banks to take bailouts and significantly dilute shareholders. Fast forward to today and both banks are boosting capital levels to strengthen their balance sheets and meet new regulations.

In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss some banking news coming out of Europe and how Bank of America and Citigroup are prepared for any changes to U.S. laws.

One stock ready for 2014
There's a huge difference between a good stock, and a stock that can make you rich. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report: "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.