Similar Stories to Nationwide Settlement Over Citigroup Mortgages Includes $200 Million For California on Bing News

dkasler@sacbee.com (Dale Kasler), Sacramento Bee: Politics
Mon, 07/14/2014 - 8:57am

California will get nearly $200 million as part of a $7 billion nationwide settlement over toxic mortgage securities marketed by Citigroup Inc. during the housing bubble. Federal officials said the nationwide settlement includes a $4 billion civil penalty and an acknowledgement by Citigroup that it misled investors and others about its residential mortgage-backed securities.

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BING NEWS:
  • Citigroup Fined £61.6m for Massive Trading Error on European Exchanges
    The Wall Street behemoth Citigroup was fined a hefty £61.6 million by the UK’s banking and financial regulators for trading systems and controls violations, marking a historic regulatory action. Due ...
    05/22/2024 - 12:21 am | View Link
  • Citigroup Fined by U.K. Watchdogs Over $1.4 Billion Trading Error
    A Citigroup subsidiary was fined 61.6 million pounds ($78.3 million) by two U.K. regulators after failings in the group’s systems and controls led to $1.4 billion ...
    05/21/2024 - 8:44 pm | View Link
  • AICTE, apna.co launch nationwide career platform for 3 million students
    This immersive experience includes a fully-sponsored trip to Silicon Valley, USA, where students will engage directly with industry leaders at renowned companies such as Google, Apple and ...
    04/25/2024 - 6:17 pm | View Link
  • Banking & Savings: Nationwide Doubles Personal Loan Limit To £50,000
    Nationwide doesn’t apply an early settlement charge for paying the loan back early ... having outlined the terms of a £780 million takeover last week. The move would be unlikely to impact Co-operative ...
    06/22/2023 - 1:00 pm | View Link
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