Tag: Citibank
Citibank
Friday, July 30th 2010 - 06:00 UTC
Citibank agrees fine to settle charges it misled investors with high risk mortgages
Banking giant Citigroup has agreed to pay 75 million US dollars to settle civil charges that it misled investors over potential losses from high-risk mortgages. It agreed the settlement with US financial watchdog the Securities and Exchange Commission (SEC).
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Economy, Politics, International.
