ID fotografie: 6892904
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US-BANKING-HOUSING-CITIGROUP


The Citigroup Center is viewed in midtown Manhattan July 14, 2014. Citigroup on Monday agreed to pay $7 billion to settle allegations it misled investors on mortgage-linked securities ahead of the financial crisis in the latest US crackdown on a financial giant. US Attorney General Eric Holder, calling Citi's conduct "egregious," said the bank concealed defects in loans, misrepresented facts --including the level of risk in mortgages--and made false statements to investors. The agreement includes a $4 billion civil penalty, the largest of its kind under a financial enforcement recovery law, according to the Justice Department. AFP PHOTO / Timothy A. CLARY

Detalii fotografie
Loc:     New York, UNITED STATES
Sursa:   AFP / Mediafax Foto
Fotograf:   Timothy A. CLARY
Data:   14 Iulie 2014
Dimensiuni:   4180 x 3137 (1.39 MB)
Cuvinte cheie:
BANKING HOUSING CITIGROUP