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Fed extends deadline for CCAR resubmissions

Jun. 24, 2014 11:26 AM ETCitigroup Inc. (C) StockHSBC, C, SAN, NWGBy: Stephen Alpher, SA News Editor2 Comments
  • Citigroup (NYSE:C), HSBC North America, RBS Citizens, and Santander Holdings U.S.A. (NYSE:SAN) were originally required to re-submit capital plans by the end of business on Thursday, but - following requests from the banks - the Fed is giving them until January 5 of next year, the due date for the next round of annual plans for all of the lenders under the CCAR umbrella.
  • Previously: Passing next stress test is job #1 at Citi

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