Judge approves Citigroup’s $730M settlement with bondholders

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A federal judge approved a settlement that requires Citigroup (C) to pay bondholders $730 million to resolve claims that the bank concealed its exposures to billions of dollars of toxic mortgage.

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With all of the regulatory and legal complications now ironed out, the massive $16.65 billion settlement between Bank of America. Citigroup is required to pay bondholders $730 million to resolve.

Goldman already announced in January when the agreement was.Judge approves Citigroup’s $730M settlement with bondholders A U.S. district court judge who declined to approve a regulatory settlement entered into by the U.S. Securities and Exchange Commission (SEC) with Citigroup Inc. back in 2011 has now.

A federal judge approved a settlement that requires Citigroup (C) to pay bondholders $730 million to resolve claims that the bank concealed its exposures to billions of dollars of toxic mortgage.

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