press releases · July 24, 2014
Press Release
July 25, 2014
Federal Reserve announces it has not objected to a re-submitted capital plan from Zions Bancorporation
For release at 9:00 a.m. EDT
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The Federal Reserve on Friday announced that it has not objected to a re-submitted capital plan from Zions Bancorporation. Earlier this year, the Federal Reserve objected to the 2014 capital plan from Zions because the firm did not meet the minimum, post-stress tier 1 common ratio of 5 percent during the annual Comprehensive Capital Analysis and Review.
Zions was required to submit a new capital plan under the Federal Reserve's regulation. In the new submission, the firm's minimum, post-stress tier 1 common ratio was 5.1 percent.
For media inquiries, call 202-452-2955.
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APA
Federal Reserve (2014, July 24). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20140725_federal_reserve_announces_it_has_not_objected_to
BibTeX
@misc{wtfs_press_release_20140725_federal_reserve_announces_it_has_not_objected_to,
author = {Federal Reserve},
title = {Press Release},
year = {2014},
month = {Jul},
howpublished = {Press Releases, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/press_release_20140725_federal_reserve_announces_it_has_not_objected_to},
note = {Retrieved via When the Fed Speaks corpus}
}