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On July 27, 2023, US federal banking regulators issued proposals to (i) significantly revise the risk-based regulatory capital requirements for certain midsize and larger US banking organizations. ....
/PRNewswire/ Revenue up 5% EPS up 6% ROE 9% ROTCE 17% (a) CET1 11.7% Tier 1 leverage 5.7% The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK). ....
Citigroup To Maintain Dividend Of $0.51/shr WASHINGTON (dpa-AFX) - Citigroup (C) said it looks forward to continuing with its planned capital actions, including common dividends of at least $0.51 per share, and to continuing share repurchases. Citi said that, by the end of the first two quarters of this year, it will have returned to shareholders the maximum amount of capital permitted under Federal Reserve rules. Based on Citigroup s updated regulatory capital requirements, Citi continues to believe that a targeted Common Equity Tier 1 Capital ratio of approximately 11.5% represents the amount necessary to prudently operate and invest in Citi s franchise. The Federal Reserve Board communicated that Citi s 2021 Stress Capital Buffer or SCB requirement will increase from the currently effective requirement of 2.5% to 3.0% for the four quarter window of the fourth-quarter 2021 - third-quarter of 2022. ....