Regions Financial (RF) Announces Preliminary Stress Capital Buffer Requirement of 3.0%
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Regions Financial Corp. Announces Preliminary Stress Capital Buffer Requirement of 3.0%
June 30, 2020 12:00 PM EDTBIRMINGHAM, Ala.--(BUSINESS WIRE)-- The Federal Reserve indicated to Regions Financial Corporation (NYSE: RF) that the company exceeded all minimum capital levels under the Supervisory Stress Test. Regions preliminary Stress Capital Buffer requirement for the fourth quarter of 2020 through the third quarter of 2021, as determined by the Federal Reserve, will be 3.0%, representing the amount of capital... More
