Federal Reserve gives banks more time

(AGI) Washington, June 24 - The U.S. Federal Reserve said onTuesday that it would grant four large banks six more months torevise their capital plans after the banks requested this. Thebanks involved are Citigroup, Hsbc North America, Rbs Citizenand Santander, and should have presented their plans on June25. They now have time until January 5, 2015. . .

(AGI) Washington, June 24 - The U.S. Federal Reserve said onTuesday that it would grant four large banks six more months torevise their capital plans after the banks requested this. Thebanks involved are Citigroup, Hsbc North America, Rbs Citizenand Santander, and should have presented their plans on June25. They now have time until January 5, 2015. . .