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C Citigroup Inc

61.55
0.01 (0.02%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Citigroup Inc NYSE:C NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.01 0.02% 61.55 62.15 61.41 61.53 11,048,880 01:00:00

Citigroup Releases Mid-Cycle 'Stress Test' Figures

16/09/2014 5:53am

Dow Jones News


Citigroup (NYSE:C)
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   By Josh Beckerman 
 

Citigroup Inc. (C) released its mid-cycle "stress test" results, projecting a minimum common equity Tier 1 capital ratio of 8.6% for the second quarter of 2016.

Stress tests began in 2009 in the wake of the financial crisis as a way to convince investors that the largest banks could withstand a severe recession without government bailouts.

Citigroup said it submitted its results to the Federal Reserve in July.

Write to Josh Beckerman at josh.beckerman@wsj.com

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