Citigroup

While U.S. stock markets reacted positively to the stress test news, some analysts in Europe still worry about the volatility of CitiGroup.

Citigroup put up a blog post today disputing that the bank had "failed" the Federal Reserve's stress tests.

Turns out American banks are in a much better position financially than we thought.

Banking giant Citigroup is to become the first global bank to issue its own credit cards in China. Debit cards are much more common there.

Wells Fargo announced a 20 percent yearly profit today, making money on its mortgage business. But Citigroup stumbled as trading revenue dips for stocks and bonds.

Wells Fargo and Citigroup reported earnings today, and both were doing well until October, when Europe's debt crisis started to take its toll.

Citigroup is just the latest is a long line of big banks announcing layoffs in recent months.

A New York judge has put the kibosh on a $285 million settlement between Citigroup and the Securities and Exchange Commission.

A district judge said the SEC's proposed $285 million settlement with Citigroup over the sale of toxic mortgage debt was not in the public interest.