Citi Issues Disclosures Related to Stress Tests, Didn't Request Dividend Increase, Requested $1.2B Buyback

Citi

today released certain disclosures required by the rules of the Federal Reserve Board (FRB) in connection with the 2013 annual supervisory stress tests. This information may be found on Citi's web site at www.citigroup.com/citi/investor. The information released includes Citi's requested common equity distributions pursuant to its 2013 Comprehensive Capital Analysis and Review (CCAR) submission to the Federal Reserve Board. The requested capital actions are subject to the objection/non-objection of the FRB pursuant to the CCAR process, expected on March 14, 2013, and internal approvals.