U.S. judge OKs Citigroup $730 million bondholder settlement

NEW YORK (Reuters) – A federal judge has approved a settlement in which Citigroup Inc agreed to pay bondholders $730 million to resolve claims that the bank concealed its exposure to billions of dollars of toxic mortgage assets prior to the financial crisis.

Powered by WPeMatico

This entry was posted in World News. Bookmark the permalink.

Comments are closed.