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City has raised the most 14.5billions dollars in January from foreign governments and wealthy investors.In November,it sold a 4.9%stake to the Abu Dhabi investment authority for 7.5billion dollars.This week,a Dubai government fund manager said city group would need a lot more and may have trouble getting it.A sentiment reflected on Wall Street,the stock’s price cut in half in a year and now trades at its lowest price in ten years.The bank’s new CEO Vikram Pandit in a company Memo today described what he calls a challenging economic environment but insisted City is financially sound well-capitalized and focused on the strength of our balance sheet.The company does have enough money to meet federal requirements.Banking regulators won’t comment on city group’s problems.Despite several years of record bank earnings,bank failures are on the rise.

Which of the following statements is closest in meaning to the passage you have just heard?()

A.City Bank is actually in good operation.
B.Banking regulators are willing to comment on city group's problems.
C.The stock's price of City Bank remains high today.
D.Bank's new CEO insisted City is in good operation.

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