Citigroup Inc. (C) and SunTrust Banks
Inc. (STI) dropped in New York trading after the companies failed the
Federal Reserve’s stress tests when taking into account their
proposed dividend or share buyback plans.
Citigroup, based in New York, fell 2.5 percent to $35.54 at
9:31 a.m. SunTrust, based in Atlanta, slumped 1 percent to
To contact the reporters on this story:
Laura Marcinek in New York at
Donal Griffin in New York at
To contact the editor responsible for this story:
David Scheer at
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