Citigroup to Pay $75 Million to Settle SEC Subprime Case

Citigroup will pay $75 million to settle U.S. regulatory claims that it understated the amount of its exposure linked to subprime mortgages as the housing crisis unfolded, a person with direct knowledge of the matter told Bloomberg news.

Jasper - The Real Deal!

Risk Our Money Not Yours | Get 50% Off Any Account!

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.