Fed Says Banks Can Weather Severe Downturn as Stress Tests Become Latest Political Football
The outcome suggests banks will announce plans to distribute more capital to shareholders in the coming days.
Ticker |
C
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CIK | 0000831001 |
SIC | 6021 |
Sector | Finance, Insurance, And Real Estate |
Industry Category | Banking |
Industry Group | National Commercial Banks |
Address | 388 GREENWICH STREET, NEW YORK, NY, 10013 |
Website | citigroup.com |
Phone | 2125591000 |
CEO | Jane N. Fraser |
Employees | 240,000 |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Fed Says Banks Can Weather Severe Downturn as Stress Tests Become Latest Political FootballThe outcome suggests banks will announce plans to distribute more capital to shareholders in the coming days. Bank stress tests: All 22 US banks pass Fed's health checkAll 22 of the nation's biggest banks passed the latest Federal Reserve stress test. Yahoo Finance Senior Reporter Jennifer Schonberger reports the breaking details. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. The biggest US banks pass another Fed stress test, boosting case for looser capital rulesThe Federal Reserve’s latest stress tests show that the largest US banks could withstand a severe recession with plenty of capital, a result that could help the Trump administration's case for a wider deregulation of financial giants. Wall Street's Secret Weapon: How Citi and Capital One Cracked the H-1B CodeThey aren't building AI--but they're hiring like they are. The visa game just changed, and few are watching. Citigroup Sees Bigger IPOs as Private Deals Bulk Up Valuations(Bloomberg) -- A wave of big initial public offerings is building as emerging growth companies stay private for longer and bulk up their valuations through secondary stock sales.Most Read from BloombergPhiladelphia Transit System Votes to Cut Service by 45%, Hike FaresUS Renters Face Storm of Rising CostsSqueezed by Crowds, the Roads of Central Park Are Being ReimaginedSprawl Is Still Not the AnswerMapping the Architectural History of New York’s Chinatown“I don’t know if it’s here forever, but I |