So just how addicted to Bloomberg terminals are Wall Street traders? We may be about to get an indication.
If you were asked to name the world's strongest bank, you wouldn't likely pick a U.S. bank right now. Nor would you pick a European bank. You might pick one of the Canadian banks or Asian banks, which continue to appear quite strong.
The "too big to fail" controversy continues to rage, with the dramatic events in Cyprus raising the issue of "bail in" all over again.
Citigroup suffered a major defeat last year when shareholders voted a thumbs down on compensation committee's executive pay plan. More than 40 percent of shareholders voted no.
Citigroup beat expectations for the first quarter, posting earnings of $1.23 per share versus expectations of about $1.17 per share.
Citigroup has become an all too familiar target of regulators when it comes to money laundering lapses.
Financial engineering using derivatives may have taken some lumps in the court of public and regulatory opinion since the financial crisis. But the creativity is not about to cease.
Large companies interested in acquiring new technologies have long run their own venture capital firms. Intel stands as a great example of corporate VC. The chip giant has stood behind its Intel Capital unit through thick and thin. Other prominent examples include Google, Citrix, Nike and others.
Former Citigroup Vikram Pandit's strategy depended in large part on the bank's push to invest in other countries, making Citigroup a truly global bank seamlessly servicing the unique needs multinational corporations.
It's hard to believe, but Bank of America had a stellar 2012 in terms of stock price appreciation. The stock nearly doubled, which is quite an achievement.