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Citi Statement Regarding the Federal Reserve Board’s Second Round of Bank Stress Tests  |  0  Today, the Federal Reserve Board released certain disclosures related to the second round of bank stress tests, and indicated that it is extending, through March 31, 2021, the time period for notifying Citigroup whether the Board will recalculate Citigroup’s Stress Capital Buffer requirement. The Board also authorized Citi to take certain capital actions during the first quarter of 2021, provided those actions do not exceed the average amount of the firm’s net income over four preceding calendar quarters. Michael Corbat, Citi CEO, said, “The latest CCAR results further demonstrate Citi’s resiliency even in times of uncertainty. Throughout this crisis, we have continuously supported our customers,

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