Disclosed in an annual filing with the Securities and Exchange Commission (SEC), Citigroup Inc. (NYSE:C) has been asked for details on the firm's compliance with the anti-money laundering laws and the Bank Secrecy Act by California Department of ...
All eyes are on Citigroup Inc. as the Federal Reserve is set to release its bank stress test. The Federal Reserve carries out an annual Comprehensive Capital Analysis and Review (CCAR) and Bank Stress Test exercise to assess banks' risk management.
What: Shares of Citigroup (NYSE: C ) , a global banking and financial services giant, slumped 13% in January, based on data from S&P Capital IQ, following a weaker than expected fourth-quarter earnings report.
With a recent upgrade from Deutsche, the stock has doubled the S&P 500 in that time. There are high hopes that the bank will get approved to return capital to shareholders in the form of a dividend and share repurchase program this time around.