Citizens Financial Group, Inc. Announces Final Stress Capital Buffer Requirement
PROVIDENCE, R.I.–(BUSINESS WIRE)–Citizens Financial Group, Inc. (NYSE: CFG or the Company) today announced that the Board of Governors of the Federal Reserve System (the Federal Reserve) has completed its review of the Companys request to reconsider its preliminary Stress Capital Buffer (SCB) based on the results of the 2020 Dodd-Frank Act Stress Test (DFAST) in connection with the related Comprehensive Capital Analysis and Review (CCAR). The Federal Reserve has informed the Company that the f…