Bad News for Citi Potentially Problematic for These ETFs
March 27, 2014 at 11:53 AM EDT
Shares of Citigroup (NYSE: C) slid nearly 6% during Wednesday’s after-hours session after the Federal Reserve said the bank’s plans to deal with another market meltdown are not robust enough, rejecting Citi’s plans to boost dividends and share buybacks in the process. Citi shareholders, suffering...