CFG Jul 2024 22.500 call
- Business Wire
Citizens Financial Group, Inc. Announces Preliminary Stress Capital Buffer and $656 million Increase in Share Repurchase Authorization to $1.25 billion
PROVIDENCE, R.I., June 28, 2024--Citizens Financial Group, Inc. (NYSE: CFG or the "Company") today announces the Board of Governors of the Federal Reserve System (the "Federal Reserve") has communicated to the Company its preliminary Stress Capital Buffer ("SCB") of 4.5%, effective October 1, 2024, following the release of the Federal Reserve’s DFAST stress test results on June 26, 2024.
- Yahoo Finance
Big banks pass Fed stress test as they fight stricter capital rules
The biggest US banks proved to the Fed they would all be able to withstand a severe global recession, demonstrating strength while they push regulators to adjust a set of proposed capital rules.
- Business Wire
Citizens Builds on Growing Presence in California with Hiring of Middle Market Regional Executive
PROVIDENCE, R.I., June 26, 2024--Further strengthening its growing presence in California, Citizens Financial Group, Inc. (NYSE: CFG) today announced that Michael Walker has joined the company to lead its team serving middle market companies across the state.
