Citigroup Inc Capital Plan Rejection A Big Surprise: Credit Suisse
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. SORRY! This content is exclusively for paying members. If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.
Fed rejecting Citigroup's capital plans