Citigroup and the Justice Department have agreed to a $7 billion settlement over claims related to the bank’s actions in downplaying risks of subprime mortgages that were packaged into securities sold to investors, the New York Times said.
Citigroup and the Justice Department have agreed to a $7 billion settlement over claims related to the bank’s actions in downplaying risks of subprime mortgages that were packaged into securities sold to investors, the New York Times said.