At Last, Citigroup Starts to Pull Through

It took a while -- three years, really -- but Citigroup, by far the weakest of the big banks coming out of the recession, is starting to pull through. After this morning's second-quarter earnings report of $3.3 billion, or $1.09 per share, investors have several things to rejoice over.

Citigroup Posts Sixth Straight Profit

Citigroup (C) says it has turned a profit for the sixth straight quarter as losses from failed loans declined. The New York bank says losses from...