Citibank yet again fails Fed's Stress test: 'The Citi never awakens'

"All but four of 19 major U.S. banks got a green light Tuesday from the Federal Reserve to boost their dividends and take other steps that will make their stocks more attractive to investors. The Fed declared them strong enough to survive a downturn worse than the Great Recession"

"One notable exception was Citigroup, the nation's third-largest bank. It was among the companies the Fed said lacked enough capital to withstand another severe economic and financial crisis"

Source: GARP - Read the full article
http://www.garp.org/risk-news-and-resources/risk-headlines/story.aspx?ne...

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