UPDATE 2-Fed bars shareholder payout plans from Citi, 4 other banks – Reuters
Wall Street Journal |
UPDATE 2-Fed bars shareholder payout plans from Citi, 4 other banks
Reuters (Adds detail on Citigroup's capital plan results). By Emily Stephenson and David Henry. WASHINGTON/NEW YORK, March 26 (Reuters) – The Federal Reserve said Citigroup Inc's ability to plan to cope with stressful scenarios is still not sufficient, and it nixed … Citigroup Fails Fed Stress Test as Goldman, BofA Modify Plans Stress Tests Round 2: Citi Fails Fed's Most Important Exam, 25 Banks Pass Fed Rejects Citigroup's Capital Plan in Stress Test |
