The Federal Reserve has issued a “slew” of private warnings to regional banks, including Citizens Financial (CFG), Fifth Third Bancorp (FITB) and M&T Bank (MTB), demanding that the lenders shore up their liquidity planning as part of a ramp-up in efforts to tighten supervision, people with knowledge of the matter told Bloomberg’s Hannah Levitt.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on FITB:
- Federal Reserve Issues Hushed Warnings to Regional Banks
- Nvidia upgraded, Estee Lauder downgraded: Wall Street’s top analyst calls
- Raymond James starts Fifth Third at Market Perform on near-term headwinds
- Fifth Third initiated with a Market Perform at Raymond James
- Moody’s downgrades 10 banks, warns of possible cuts to others