{"id":3796,"date":"2012-03-14T17:02:36","date_gmt":"2012-03-14T21:02:36","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=3796"},"modified":"2012-03-14T17:02:36","modified_gmt":"2012-03-14T21:02:36","slug":"citigroup-vows-to-try-again-as-some-lenders-fail-fed-test-bloomberg","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/14\/citigroup-vows-to-try-again-as-some-lenders-fail-fed-test-bloomberg\/","title":{"rendered":"Citigroup Vows to Try Again as Some Lenders Fail Fed Test &#8211; Bloomberg"},"content":{"rendered":"<p>Citigroup (<a style=\"color:#024999;text-decoration:none;\" title=\"Citigroup Inc.\" href=\"http:\/\/link.email.dynect.net\/link.php?H=WpfRqTFmqv45GbmvFQgMtLB7mdAR2keM9Z%2BtjLMZqiiawfL6veWIwfzLq0cZyvHAhNsdb5SQ6LtDALZim3Qas3SLSEQ1gYLvDN0zQdo6RC3Wo5Qa9Ojo0Q%3D%3D&amp;G=1&amp;R=http%3A%2F%2Femail.seekingalpha.com%3A80%2Ftrack%3Ftype%3Dclick%26mailingid%3D20120314%26messageid%3Dwall_street_breakfast%26databaseid%3D%26serial%3Dwall_street_breakfastO20120314O1331724946.881%26emailid%3Dseekingalpha%2540incrediblecharts.com%26userid%3D191457%26extra%3D%26%26%263000%26%26%26http%3A%2F%2Fseekingalpha.com%2Fsymbol%2Fc%3Fsource%3Demail_wsb%26amp%3Bifp%3D0\">C<\/a>), SunTrust (<a style=\"color:#024999;text-decoration:none;\" title=\"Suntrust Banks Inc.\" href=\"http:\/\/link.email.dynect.net\/link.php?H=WpfRqTFmqv45GbmvFQgMtLB7mdAR2keM9Z%2BtjLMZqiiawfL6veWIwfzLq0cZyvHAhNsdb5SQ6LtDALZim3Qas3SLSEQ1gYLvDN0zQdo6RC3Wo5Qa9Ojo0Q%3D%3D&amp;G=1&amp;R=http%3A%2F%2Femail.seekingalpha.com%3A80%2Ftrack%3Ftype%3Dclick%26mailingid%3D20120314%26messageid%3Dwall_street_breakfast%26databaseid%3D%26serial%3Dwall_street_breakfastO20120314O1331724946.881%26emailid%3Dseekingalpha%2540incrediblecharts.com%26userid%3D191457%26extra%3D%26%26%263000%26%26%26http%3A%2F%2Fseekingalpha.com%2Fsymbol%2Fsti%3Fsource%3Demail_wsb%26amp%3Bifp%3D0\">STI<\/a>), MetLife (<a style=\"color:#024999;text-decoration:none;\" title=\"MetLife, Inc.\" href=\"http:\/\/link.email.dynect.net\/link.php?H=WpfRqTFmqv45GbmvFQgMtLB7mdAR2keM9Z%2BtjLMZqiiawfL6veWIwfzLq0cZyvHAhNsdb5SQ6LtDALZim3Qas3SLSEQ1gYLvDN0zQdo6RC3Wo5Qa9Ojo0Q%3D%3D&amp;G=1&amp;R=http%3A%2F%2Femail.seekingalpha.com%3A80%2Ftrack%3Ftype%3Dclick%26mailingid%3D20120314%26messageid%3Dwall_street_breakfast%26databaseid%3D%26serial%3Dwall_street_breakfastO20120314O1331724946.881%26emailid%3Dseekingalpha%2540incrediblecharts.com%26userid%3D191457%26extra%3D%26%26%263000%26%26%26http%3A%2F%2Fseekingalpha.com%2Fsymbol%2Fmet%3Fsource%3Demail_wsb%26amp%3Bifp%3D0\">MET<\/a>) and Ally Financial failed to get their capital plans approved in the Fed&#8217;s stress tests, which mandated a minimum tier 1 capital ratio of 5%. Citi had a projected 4.9% ratio under the tests, SunTrust a 4.8% ratio, and Ally a mere 2.5% ratio.<\/p>\n<p>The Fed is testing to see how the capital of U.S. banks might hold up through a deep recession and a second housing crisis. The scrutiny focused on variables such as trading and counterparty losses and write-offs on credit cards and first-lien mortgages. Most of the 19 banks passed.<\/p>\n<p>via <a href=\"http:\/\/www.bloomberg.com\/news\/2012-03-13\/citigroup-suntrust-banks-capital-plans-fail-federal-reserve-stress-tests.html\">Citigroup Vows to Try Again as Some Lenders Fail Fed Test &#8211; Bloomberg<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Citigroup (C), SunTrust (STI), MetLife (MET) and Ally Financial failed to get their capital plans approved in the Fed&#8217;s stress tests, which mandated a minimum tier 1 capital ratio of 5%. Citi had a projected 4.9% ratio under the tests, SunTrust a 4.8% ratio, and Ally a mere 2.5% ratio. The Fed is testing to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/14\/citigroup-vows-to-try-again-as-some-lenders-fail-fed-test-bloomberg\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Citigroup Vows to Try Again as Some Lenders Fail Fed Test &#8211; Bloomberg&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31],"tags":[170,697,2287,3268,3288],"class_list":["post-3796","post","type-post","status-publish","format-standard","hentry","category-the-fed-banks-interest-rates","tag-ally-financial","tag-citigroup-c","tag-metlife-met","tag-stress-tests","tag-suntrust-sti"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Citigroup Vows to Try Again as Some Lenders Fail Fed Test - Bloomberg - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Citigroup Vows to Try Again as Some Lenders Fail Fed Test - Bloomberg - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Citigroup (C), SunTrust (STI), MetLife (MET) and Ally Financial failed to get their capital plans approved in the Fed&#8217;s stress tests, which mandated a minimum tier 1 capital ratio of 5%. 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Revenues (net of interest) dropped 11% while non-interest expenses reduced by\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Citigroup (C)","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-04-15-c.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-04-15-c.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-04-15-c.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":5664,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/03\/wsj-big-interview-with-sheila-bair\/","url_meta":{"origin":3796,"position":1},"title":"WSJ big interview with Sheila Bair","author":"Colin Twiggs","date":"October 3, 2012","format":false,"excerpt":"Former FDIC chairman Sheila Bair favors breaking up the big banks. She also discusses her differences with Tim Geithner during the GFC and how the Treasury Secretary skewed the banking bailout to favor Citigroup. Click image to play video. Hat tip to Barry Ritholz.","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3357,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/01\/30\/bill-moyers-how-power-and-influence-helped-big-banks-rewrite-the-rules-of-our-economy\/","url_meta":{"origin":3796,"position":2},"title":"Bill Moyers: How power and influence helped big banks rewrite the rules of our economy","author":"ColinTwiggs","date":"January 30, 2012","format":false,"excerpt":"Bill Moyers talks with former Citigroup Chairman John Reed and former Senator Byron Dorgan to explore a momentous instance: how the mid-90's merger of Citicorp and Travelers Group -- with help from Alan Greenspan, Robert Rubin and Bill Clinton -- brought down the Glass-Steagall Act and sowed the seeds of\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11201,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/10\/27\/alleged-oil-shock-isnt-all-that-shocking\/","url_meta":{"origin":3796,"position":3},"title":"Alleged Oil Shock Isn&#8217;t All That Shocking","author":"ColinTwiggs","date":"October 27, 2014","format":false,"excerpt":"Keith Johnson discusses the impact of crude oil at $80 per barrel: ....Cheaper oil prices means lower prices at the pump and for everything that is ever shipped, from food to flip-flops. The recent fall equates to a massive, unplanned stimulus package for the world's shoppers. Citigroup, for instance, figures\u2026","rel":"","context":"In &quot;Crude Oil &amp; Natural Gas&quot;","block_context":{"text":"Crude Oil &amp; Natural Gas","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/crude-oil-natural-gas\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13145,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/04\/15\/bank-heavyweight-earnings-slip\/","url_meta":{"origin":3796,"position":4},"title":"Bank heavyweight earnings slip","author":"ColinTwiggs","date":"April 15, 2016","format":false,"excerpt":"Thursday was a big day for earnings releases, with two bank heavyweights reporting first-quarter (Q1) 2016 earnings. Bank of America (BAC) Bank of America reported a 19 percent fall in earnings per share ($0.21) compared to the first quarter of last year ($0.26). The fall was largely attributable to a\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Bank of America (BAC)","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-04-15-bac.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-04-15-bac.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-04-15-bac.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":20665,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/06\/06\/asx-relief-rally\/","url_meta":{"origin":3796,"position":5},"title":"ASX relief rally","author":"Colin Twiggs","date":"June 6, 2020","format":false,"excerpt":"The ASX 200 reached 6000, another milestone in the bear market rally. Trend Index is rising but a peak at zero would be a strong bear signal. Even the Banks Index is making progress, with an impressive rally by the big four in the past two weeks. The REITs Index\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/3796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=3796"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/3796\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=3796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=3796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=3796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}