Citigroup Inc Capital Plan Rejection A Big Surprise: Credit SuisseMani
Credit Suisse analysts were surprised at the Fed’s objection to Citigroup Inc (NYSE:C)’s plan on qualitative factors despite stressed capital ratios coming in well above the minimums
Moshe Orenbuch and team at Credit Suisse in their Equity Research report dated March 27, 2014, however, note the Fed’s 2014 CCAR results reveal dividend and total payout ratios came in roughly in line with the analysts’ estimates.
Fed rejecting Citigroup's capital plans
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