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  • Citigroup to pay $7B in subprime mortgages probe

    | 07/14/14 09:57 AM

    WASHINGTON (AP) — Citigroup announced Monday that it will pay roughly $7 billion to settle a federal investigation into risky subprime mortgages, the type that helped bring on the financial...
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  • Mortgage settlement hits Citigroup net income

    | 07/14/14 09:37 AM

    Citigroup said Monday that its net income dropped in the second quarter after it took a $3.8 billion charge to settle claims over its risky subprime mortgage business. The charge pushed down its...
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  • Stock futures rise to start new week; Citi climbs

    | 07/14/14 09:19 AM

    NEW YORK (AP) — Stock futures are climbing on Monday, as investors look to shake off the worst week for the stock market in three months. Citigroup's shares rose after it turned in better...
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