The forex manipulation settlement has also drawn the ire of some employee retirement funds contending their claims. Read more
With the Citigroup settlement, the CFTC said it has imposed more than $5 billion in penalties in 17 actions against banks and brokers. Read more
PIMCO, Prudential and the other investors filed the latest suit on their behalf and for all current certificate holders of the RMBS trusts at issue. Read more
Citibank and its subsidiaries have been ordered to pay $700 million in consumer relief for illegal practices related to credit card add-on products and services. According to a consent order... Read more
Shareholders of Citibank NA have filed suit against the bank in a new derivative class action of misrepresenting the health of mortgage-backed securities (MBS) in some $17.4 billion worth of... Read more
Citibank Inc. will pay refunds and damages totaling $18 million to settle charges that the financial services company emptied the dormant accounts of credit card customers. A three-year inve... Read more
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