Fed rejects Citigroup dividend, buyback plans after stress test – Los Angeles Times
Chron.com |
Fed rejects Citigroup dividend, buyback plans after stress test
Los Angeles Times WASHINGTON — Federal regulators rejected plans by Citigroup Inc. and four other large U.S. banks for dividend payments and stock buybacks after the latest round of stress tests. The results raised concerns about weaknesses in the risk-planning processes … Citigroup Fails Federal Reserve's Stress Test for 2nd Time in 3 Years Fed Blocks Citigroup From Raising Dividends UPDATE 4-US Fed bars shareholder payouts from Citi, 4 others |
