Citigroup To Pay $7b In Subprime Mortgages Probe

WASHINGTON (AP) — Citigroup will pay $7 billion to settle an investigation into risky subprime mortgages, the type that helped fuel the financial crisis. The agreement announced Monday comes weeks after talks between the sides broke down, prompting the government to warn that it would sue the New York investment bank.Read more on NewsOK.com

Topics:  washington ap     citigroup   new york   newsok   pay   subprime mortgages   

 

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