Citi Asks for $1.2B of Buybacks After 2012 Denial

Citi Asks for $1.2B of Buybacks After 2012 Denial Play

March 7 (Bloomberg) -- Citigroup asked the Federal Reserve for permission to repurchase $1.2 billion of shares without seeking a dividend increase a year after its previous request was rejected. Julie Hyman reports on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

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