severe adverse zions 0714

Fed Accepts Zion Capital Plans, Details Not Disclosed

Zions Bancorporation (NASDAQ:ZION) is up 1.8% in trading today after the Federal Reserve announced that it had accepted the bank’s re-submitted capital plan, as the bank managed to squeak out a 5.1% capital tier 1 common ratio even under the new severe adverse conditions set by the Federal Reserve. Zions was the only bank to fall below the minimum ratio in this year’s stress test, though exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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