Citi Announces 2015 Planned Capital Actions
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Citigroup (C), Zions Bancorp (ZION) Seen as Stand Outs from CCAR Results - BofA/Merrill Lynch
March 12, 2015 8:03 AM EDTRelated to last night's CCAR results, BofA/Merrill Lynch analyst Erika Najarian highlighted Citigroup (NYSE: C) and Zions Bancorp (NASDAQ: ZION) as standouts and expects both stocks to outperform.
On C, she said, "Cs approval for a... More
Citigroup (C) Approves $7.8B Buyback; Raises Qtr. Dividend to 5c/Share
March 11, 2015 5:04 PM EDTThe Federal Reserve Board today advised Citi that it has no objection to the planned capital actions requested by Citi as part of the 2015 Comprehensive Capital Analysis and Review (CCAR).
The planned capital actions include an increase of Citis quarterly common stock dividend to $0.05 per share (subject to quarterly approval by Citis Board of Directors), as well as a common stock repurchase program of up to... More
