Free Trial

Citi Living Will Criticised by FDIC: Unlikely A Spread Mover

FINANCIALS

Citigroup (C: A3/BBB+/A) is now being reported by the FT as seeing its “living will” being hit with a “rebuff” at an FDIC meeting on 20-Jun. This was first reported by the WSJ on 18-Jun and our view then was that this is unlikely to have any meaningful credit impact.


Keep reading...Show less
168 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Citigroup (C: A3/BBB+/A) is now being reported by the FT as seeing its “living will” being hit with a “rebuff” at an FDIC meeting on 20-Jun. This was first reported by the WSJ on 18-Jun and our view then was that this is unlikely to have any meaningful credit impact.


Keep reading...Show less