Citi To Settle CDO Suit For $590 Mln
Citigroup has agreed to pay $590 million to settle charges that shareholders suffered billions of dollars in losses when it allegedly concealed exposure to collateralized debt obligations before the start of the financial crisis.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast