How the New York Federal Reserve bent the rules to keep Citibank afloat. ... Citibank, long a bellwether stock, never showed up on the FDIC's "problem bank assets" list—on May 26, ...

WASHINGTON — The Federal Reserve Board announced an $8.6 million fine against Citigroup Friday, ... In 2014, Citi had begun the process of unwinding CitiFinancial's servicing business following the ...

Citigroup (NYSE:C) plans to raise its quarterly dividend 7.1% to $0.60 per share from its current level of $0.56, it said on Tuesday, as the result of its 2025 Federal Reserve stress test. The company ...

With the Federal Reserve giving major financial institutions high marks in its annual stress tests, several large banks ...

The Federal Reserve Board of Governors has terminated another enforcement action against Citigroup. Less than a year after ending a regulatory order related to Citi's foreign exchange trading desk, ...

Capital One, Bank of America, Wells Fargo, PNC, Truist, CitiBank and JPMorgan Chase branches will be closed for the holiday, ...

Citigroup repeatedly breached a U.S. Federal Reserve rule that limits intercompany transactions, leading to errors in its internal liquidity reporting, according to a Citi document from December ...

The Federal Reserve Board and Citi declined to comment. The news comes just as an ethics scandal that has dogged the central bank for more than a year appears to be on the verge of bubbling back up.

Late last year, the Federal Reserve sent Citi three notices directing the bank to address in the coming months how it measures risk of default by counterparties in derivative transactions, a ...

Citi Comments on Federal Reserve Stress Test Results. July 03, 2023 04:51 PM Eastern Daylight Time. NEW YORK--(BUSINESS WIRE)--Further to its announcement that it has completed the Federal Reserve ...