Citigroup: A Maneuver You Shouldn't Miss
The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA, discusses topics around the investing world.
The world of Wall Street can be murky and confusing, partially on purpose. Recently, there was a $25 billion settlement involving the top five mortgage servicers, including Citigroup. Anand sees the settlement as a net good for investors and potential investors in Citigroup, but he highlights a maneuver Citigroup made that you shouldn't miss. It effectively allows Citi to have its cake and eat it, too.
The financial heavies are getting a lot of press these days. And much of it is negative. But there's one small bank that's flying under the radar. It has some of the best operational numbers you'll ever see. The Motley Fool featured it in its brand-new free report: "The Stocks Only the Smartest Investors Are Buying." We invite you to download a free copy. Just click here to find out the name of the bank Warren Buffett would be interested in if he could still invest in small banks.
At the time this article was published Anand Chokkavelu owns shares of Bank of America, JPMorgan Chase, Citigroup, and Wells Fargo. The Motley Fool owns shares of Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo and has created a covered strangle position in Wells Fargo.Motley Fool newsletter services recommendGoldman Sachs. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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