Morning Scan Déjà Vu: Fed Rejects Citi's Capi...

03/27/14

Receiving Wide Coverage ...

Stress Tests, Part II: Citigroup bore the brunt of bad press associated with the Federal Reserve's second round of stress test results, given that the bank had its capital plan rejected by the central bank for the second time in three years. The Journal calls the Fed's decision Â-- which appears to be based on "qualitative" measures Â-- "a surprising blow to Chief Executive Michael Corbat's effort to bolster the bank's reputation...

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