Citigroup, Inc. (C) Tops Q2 EPS by 19c
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Citigroup (C) Enters $7B Settlement with DoJ Over RMBS Case
July 14, 2014 7:01 AM EDTCitigroup (NYSE: C) announced that it has reached an agreement to settle the ongoing investigation of the Residential Mortgage-Backed Securities (RMBS) Working Group, part of the Financial Fraud Enforcement Task Force. Todays agreement resolves actual and potential civil claims by the U.S. Department of Justice (the DOJ), several state attorneys general (State AGs), and the Federal Deposit Insurance Corporation (the FDIC) relating to RMBS and collateralized debt... More
