BOSTON (Reuters) - Citigroup and MetLife led a list of financial institutions that failed the Federal Reserve's latest round of stress testing Tuesday, a shock result for two companies that were widely expected to return billions of dollars in extra capital to shareholders soon.
MetLife, the largest life insurer in the United States, and Citigroup, the nation's third-largest bank, were among just four of 19 banks that didn't pass the latest round of tests. Ally Financial and SunTrust also failed the exam, which applied worst-case scenarios through the end of 2013.
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