Citigroup, Four Other Banks Fail Fed Stress Test

March 26 (Bloomberg) -- Citigroup Inc.’s capital plan was among five that failed Federal Reserve stress tests, while Goldman Sachs Group Inc. and Bank of America Corp. passed only after reducing their requests for buybacks and dividends. Citigroup, as well as U.S. units of Royal Bank of Scotland Group Plc, HSBC Holdings Plc and Banco Santander SA, failed because of qualitative concerns about their processes, the Fed said today in a statement. Zions Bancorporation was rejected as its capital fell below the minimum required. Erik Shatzker, Michael McKee and Trish Regan report on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Creating a One-Stop Shop for A.I. Integration
33:27 - Businesses of all stripes are doing their best to integrate big data, artificial intelligence and machine learning into their workflows. Optix Solutions is trying to take the stress out of the transition. Globalive Chairman Anthony Lacavera asks Spencer Fung, founder and CEO of Optix Solutions, about the objective behind the company. (Source: Bloomberg)
  • Finding the Perfect Words to Reel in Top Talent
  • Exploring the World Through Panoramic Photos
  • Full Show: What'd You Miss? (04/28)