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Fed gives big banks more time to resubmit capital plans
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Dodd-Frank Basics, Financial Stability
Tuesday, July 1, 2014
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Four firms that saw their annual capital plans rejected by the Federal Reserve earlier this year have been granted additional time to resubmit their plans. Citigroup Inc., HSBC North America Holdings Inc., RBS Citizens Inc. and Santander Holdings USA Inc. were initially required to resubmit their revised plans by June 26.
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