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.”

Delta's New CEO Bastian: Global Expansion Key to Growth
27:25 - Ed Bastian, who officially becomes the CEO of Delta Air Lines on Monday, sat down with Bloomberg's Erik Schatzker at the company's headquarters in Atlanta to discuss the second-largest U.S. carrier's future under his leadership. (Source: Bloomberg)
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