Citi (C) Lobbying to Delay Requirements on Capital to Improve Their Stock Price: Report

FOX Business Network’s Charlie Gasparino reports Citigroup (C) is lobbying to “delay Dodd-Frank and Bassel III requirements” in an effort to preserve their stock price amid concerns they will need to issue more shares. Excerpt from the report, courtesy of Fox Business Network: On Citigroup’s effort to raise their stock price above $10 a share: [...]