citigroup

How to Pick the Best Stocks: CEO Candor Predicts Performance

When smart investors consider a stock, they look at profit margins, revenue growth, and a raft of ratios to decide if it's a good buy. But beyond those measurements, here's a subtle and simple guideline that can give you real insight about a company's prospects: How honest is its management?

Midday Market Minute: Will the Bank Stock Rally Last?

Investors will hear from leaders in the banking industry this week, when Bank of America, Citigroup, JPMorgan, Goldman Sachs and Morgan Stanley report quarterly results. Bank stocks outperformed the broader market last year, but that trend may not last in 2013.

5 Things to Watch on Wall Street This Week

From eBay stepping up with its latest financials to Facebook showing off its latest clever ideas, there will be plenty of news breaking in the coming days. Here's a rundown of what's likely to shape the week ahead on Wall Street.

The 10 Most Hated Companies in America

Botched product launches, plunging stock values, massive layoffs, unhappy workers and poor customer service: These are just some of the woes that can win a business a spot on the 24/7 Wall St. list of the 10 most hated companies in America.

10 Top Banks Agree to Pay $8.5 Billion for Foreclosure Abuses

Ten major banks and mortgage companies have agreed to pay $8.5 billion to settle complaints that they wrongfully foreclosed on homeowners. Under the settlement, people who were wrongfully foreclosed on could receive from a few hundred dollars up to $125,000.

How to Get the Best Deals on Cyber Monday

On Cyber Monday, U.S. consumers are expected to empty their wallets of more than $1 billion, Merchants are offering some of their best deals, and it's time to take advantage. Here are a few strategies that should help you land the lowest prices.

How You Can Take Advantage of the Fed's Low Interest Rate Plans

To keep interest rates at rock-bottom lows and boost the economy, the Federal Reserve is buying $40 billion a month in mortgage-backed securities, and it'll keep buying them for as long as it takes to get the economy back on track. Here's how that plan should affect your personal economy.

Stock Upgrades: 3M Is in the Money, Money, Money

Ah, that innocent age when our biggest beef with Europe centered on freedom fries. This election week, no one was asking "where's the beef?" with Wendy's, with the coiner of that iconic phrase bucking a brutal tape to gain 3.05%.

3 Big Questions for Citi Now That It's Sent Pandit Packing

The sudden resignations of Citigroup CEO Vikram Pandit and COO John Havens, a day after the bank reported a purportedly good quarter, raise questions about the future strategy for Citigroup. So what might change under new CEO Michael Corbat?

Vikram Pandit Quits as Citigroup CEO

Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday after steering the bank through the 2008 financial crisis and the choppy years that followed. Also resigning: President and Chief Operating Officer John Havens. Citigroup offered no explanation for the sudden departures.

How High Credit Card Rates Could Be Good News for You

Despite ultra-low mortgage and savings interest rates, the average credit card rate is still high, and has barely budged over the past year. That's not so lucky for you as a spender -- but it could guide you to a windfall as an investor.

Morgan Stanley to Buy Citi's Smith Barney Stake

Morgan Stanley and Citigroup settled a dispute Tuesday over the value of the brokerage firm Morgan Stanley Smith Barney, which they jointly own. The deal clears the way for Morgan Stanley to buy Citigroup's 49 percent interest in the broker, giving Morgan Stanley full ownership.

Bankers Agree: 'Too Big to Fail' Has Failed

Maybe if we called it "2B2F," it would have been more popular. But lacking the street cred of a cool nickname, the idea "too big to fail" is beginning to lose popularity in America -- even among some of the country's most famous bankers

How You Can Benefit From the Capital One Settlement

The Capital One Financial settlement with U.S. regulators over deceptive marketing of credit card "add-on products" means a lot to all consumers, not just Capital One customers, according to consumer advocates.

Why Wall Street Workers Are Worse Investors Than Main Street

Wall Street's big banks paid out $156 billion last year in salaries, bonuses, and benefits. Yet while investment bankers' checking accounts were growing, their retirement savings took a massive hit -- and much of the reason can be traced to one common investing mistake.

The $800 Trillion Scandal: How Banks' LIBOR Lies Affected You

The incredible LIBOR rate-rigging scandal is huge, and it's only going to grow in scope: Many of the world's largest banks have already been implicated in manipulating interest rates that are tied to some $800 trillion in loans and securities.

The 7 Safest Banks in America

Moody's downgrade of 15 of the world's largest banks, along with JPMorgan Chase's multibillion-dollar trading loss, make it clear that big banks aren't always as safe as we'd hope. Still, we have to keep our money somewhere -- So 24/7 Wall St. has compiled a list of the nation's safest banks.

Global Woes Hold Only 'Modest Contagion' Risk for U.S. Banks

A "modest contagion" for financial stocks "should allow domestically focused financial stocks to stabilize in the coming weeks," despite the JPMorgan Chase trading mess and the "deteriorating conditions in Europe, according to KBW analyst Fred Cannon.