Citi results: predictable and uninspiring

MARKETWATCH FRONT PAGE

Vikram Pandit and his management team are trying to pitch Citigroup Inc. as a global J.P. Morgan. Unfortunately, the bank looks like a the old global tangle we used to call Citigroup. See full story.

U.S. criminal probe in Libor scandal: report

The U.S. Justice Department is building a criminal case against big banks and individuals who manipulated a key global interest rate, according to a media report. See full story.

Credit reporting firms to face more scrutiny

The nation�s consumer financial regulator approved new oversight rules for the companies that compile consumer credit reports and scores � the firms people love to hate because they control so much of our financial lives. See full story.

A Grimm tale from the euro zone

As in history, dreams and disaster sit closely together, writes David Marsh. See full story.

Merkel backs tough bailout criteria: reports

German Chancellor Angela Merkel says she expects Germany�s parliament to approve a bailout package for Spain�s banks that is being put together by euro-zone finance ministers. See full story.

MARKETWATCH COMMENTARY

Why has the New York Times failed to find a successor to the previous CEO in seven months? asks media columnist Jon Friedman See full story.

MARKETWATCH PERSONAL FINANCE

It�s a situation that seems to defy supply-and-demand logic: If there�s more demand in the housing market, wouldn�t the cost of borrowing funds to buy a home be significantly on the rise? See full story.