Citigroup's $7 Billion Settlement Announcement To Resolve Mortgage-Backed Securities Probe Expected Monday Huffington Post NEW YORK, July 13 (Reuters) - Citigroup agreed to pay $7 billion to resolve a U.S. government investigation into shoddy mortgage-backed securities the bank sold in the run-up to the 2008 financial crisis in a settlement set to be announced on Monday, sources said. | The $7 billion includes $4 billio...
Holder: Citigroup misconduct was egregious (Video) Business Journal Russ Resnik | Richard J. Berry | Jeremy Reynalds | Paul Gessing | Walter White | Inside the Albuquerque Business First | Videos | Terry Laudick talks about InnovateABQ | Play Video | Microsoft Planning Largest Job Cuts Since 2009 | Play Video | June ...
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Citibank pays $7bn settlement over sale of high-risk mortgages The Irish Times Citibank has agreed to pay a $7 billion fine (€5 billion) for knowingly selling dodgy securities comprising packaged-up, high-risk subprime mortgages in the run-up to the 2008 financial crisis. | The settlement includes a record $4 billion in cash ...
Citigroup To Pay $7bn Sub-Prime Mortgage Fine Orange News 15 July 2014, 10:13 | Citigroup To Pay $7bn Sub-Prime Mortgage Fine | Tweet | Citigroup has confirmed it will pay $7bn (Ł4.1bn) to settle a US Justice Department investigation into sub-prime mortgages. | The agreement was announced following weeks of...
Citigroup to pay $7b in subprime mortgages probe China Daily WASHINGTON - Citigroup has agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives" and contributed to the w...
Citigroup settles probe into risky mortgages The Columbus Dispatch WASHINGTON — Citigroup admitted yesterday to a pattern of deception in subprime-mortgage lending that Attorney General Eric Holder said “shattered lives” and contributed to the worst financial crisis in decades. | The bank agreed to pay $7 bill...
Stocks head up again after Citigroup agreement The Columbus Dispatch NEW YORK (AP) — Stocks shook off last week’s doldrums and finished sharply higher yesterday, driven by news of a round of corporate deals and strong earnings from Citigroup. | Investors cheered AECOM Technology’s $4 billion acquisition of engin...
Banks feels Pitch Perfect pressure Belfast Telegraph Elizabeth Banks has revealed there's "a lot of responsibility" when it comes to directing Pitch Perfect 2. | The Hunger Games star admitted to feeling under pressure as she prepares to make her directorial debut on the upcoming musical sequel. She will also reprise her role as commentator Gail Abernathy-McKadden. | "Especially because people love t...
Airbus nets $25 billion of Farnborough plane orders The Times Of India FARNBOROUGH, UNITED KINGDOM: European aircraft maker Airbus won orders for its passenger planes from leasing companies worth about $25 billion at the Farnborough airshow on Tuesday, far outpacing its US rival Boeing. | Airbus won memoranda of understanding for its new long-haul A330-900neo, which was launched at Farnborough on Monday, as well as a ...
