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Citi fails US Fed's stress test for banks

Mar 14, 2012

Citi fails US Fed's stress test for banks

The regulator said Citigroup, Ally Financial and SunTrust fared worst under the hypothetical shock, with Tier 1 common capital ratios of 4.9 percent, 4.4 percent, and 4.8 percent respectively. #Banking #NewsTracker #JPMorgan Chase #US Federal Reserve #Citigroup Inc. Bank of America