Citi to pay $7 bln to settle U.S. mortgage securities probe

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Citi to pay $7 bln to settle U.S. mortgage securities probe

by Reuters Videos 0:56 mins

Citi to pay $7 bln to settle U.S. mortgage securities probe

by Reuters Videos 0:56 mins

Citigroup has agreed to pay $7 billion to settle a U.S. investigation into shoddy mortgage-backed securities the bank sold in run-up to the financial crisis. Rough Cut (no reporter narration).

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