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Bank of America

World news about “Bank of America” published by euronews.

09/07 15:08 CET

Citigroup close to $7 billion settlement over pre-financial crisis investments

Citigroup close to $7 billion settlement over pre-financial crisis investments

There has been another huge settlement between a major bank and the US Justice Department. Citigroup is reportedly close to paying about $7 billion (five billion euros) to resolve accusations it defrauded investors who bought mortgage-backed securities as part of the housing…


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