Citigroup Settles Mortgage-Bond Probe With $7B Fine

July 14 (Bloomberg) - Bloomberg’s Scarlet Fu reports that Citigroup has agreed to pay $7 billion in fines and consumer relief to settle a claim by the U.S. government that is misled investors about the quality of mortgage-backed bonds sold ahead of the 2008 financial crisis. She speaks on “Bloomberg Surveillance.”
Obama Plays Tour Guide With Abe at Lincoln Memorial
21:16 - President Barack Obama and Japanese Prime Minister Shinzo Abe sprung a surprise on tourists in Washington Monday with an unannounced trip to the Lincoln Memorial. Bloomberg’s Peter Cook reports on the President’s meeting Abe. Cook speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
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