The Great Debate

Stress and the Citi

By Charles R. Morris
April 7, 2014

Markets are still absorbing the Federal Reserve’s surprising smack-down of Citigroup. Under its chief executive officer, Michael Corbat, Citi had greatly strengthened its capital base — indeed, it had one of the best capital ratios of all the big banks — and had proposed modest dividend increases and stock buybacks.  Instead, City was the only big American bank that failed its review.

from The Great Debate UK:

Not much stress, not much test

July 26, 2010

-Laurence Copeland is professor of finance at Cardiff University Business School. The opinions expressed are his own.-