Please say whether the answer is True or False and give a valid explanation.
1. In its 2014 Comprehensive Capital Analysis Review (released March 2014) the Board of Governors of the Federal Reserve objective to the capital plan of Zions Bancorporation because the firm lacked liquid assets.
a. True/False
2. In its 2014 Comprehensive Capital Analysis Review (released March 2014) the Board of Governors objected to the capital plans of Citigroup Inc.; HSBC North America Holdings Inc.; RBS Citizens Financial Group, Inc,; and Santander Holdings USA, Inc. based on a failure of each banks capital position to be adequate after the stress tests were run.
a. True/False
3. On March 26, 2014, the Federal Reserve Board (FRB) announced that it objected to the capital plan submitted by Citibank as part of the 2014 Comprehensive Capital Analysis and Review (CCAR). The implications of this objection are that Citi will have to raise or conserve more equity capital http://www.sec.gov/Archives/edgar/data/831001/000114420414017993/v372839_8k.htm
b. True/False
4. The Board of Governors of Federal Reserve objected to Citigroupâs capital plan in its 2014 Comprehensive Capital Analysis Review because Citigroup had excessive exposure to the debt of Greece and other European countries that were in fiscal difficulty.
a. True/False
Please say whether the answer is True or False and give a valid explanation.
1. In its 2014 Comprehensive Capital Analysis Review (released March 2014) the Board of Governors of the Federal Reserve objective to the capital plan of Zions Bancorporation because the firm lacked liquid assets.
a. True/False
2. In its 2014 Comprehensive Capital Analysis Review (released March 2014) the Board of Governors objected to the capital plans of Citigroup Inc.; HSBC North America Holdings Inc.; RBS Citizens Financial Group, Inc,; and Santander Holdings USA, Inc. based on a failure of each banks capital position to be adequate after the stress tests were run.
a. True/False
3. On March 26, 2014, the Federal Reserve Board (FRB) announced that it objected to the capital plan submitted by Citibank as part of the 2014 Comprehensive Capital Analysis and Review (CCAR). The implications of this objection are that Citi will have to raise or conserve more equity capital http://www.sec.gov/Archives/edgar/data/831001/000114420414017993/v372839_8k.htm
b. True/False
4. The Board of Governors of Federal Reserve objected to Citigroupâs capital plan in its 2014 Comprehensive Capital Analysis Review because Citigroup had excessive exposure to the debt of Greece and other European countries that were in fiscal difficulty.
a. True/False
