Citigroup said Friday it had agreed to pay $590 million to settle a suit by investors who accused the bank of misleading them on its derivative losses in 2007-2008. Citigroup said it was agreeing to settle the lawsuit to avoid any more legal costs, but denied the charges that it had misled investors on its exposure to the market of collateralized debt obligations, which was collapsing at the time.
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German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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