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Home | Citigroup ordered to revise capital plan |
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Citigroup ordered to revise capital plan
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- March 14, 2012
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Following recent stress testing of US banks by the Federal Reserve, Citigroup’s plans to return capital to shareholders are under review. Despite withstanding a hypothetical severe stress test scenario, the bank has been told to submit a new capital plan although its proposed redemption of certain outstanding trust preferred securities has been approved. In addition, [...]
- Read more at:http://www.bankingtimes.co.uk/2012/03/14/citigroup-ordered-to-revise-capital-plan/
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