Citigroup Inc (C)

[LottoLuck]

From a New York Times article on March 26, 2014:

"If a bank can pay dividends and buy back stock while still maintaining a minimum capital cushion, the Fed typically blesses its plans.

By this measure alone, Citigroup passed the test easily. When run through the Fed’s adverse scenario test, Citigroup’s capital plan left the bank with a minimum Tier 1 common ratio of 6.5 percent. That is a larger cushion than JPMorgan’s 5.5 percent capital ratio, Bank of America’s 5.3 percent ratio and Goldman Sachs’s 6.1 percent."

"Citigroup can resubmit a revised capital plan, but the bank said it was not clear when it would do so."

I think Citi will resubmit its revised plan in 4 to 6 months which will get approved and boost its pps.