|This email was sent to you by:|
Mortgage News Daily
Email alerts, such as this one, are a free service
provided by Mortgage News Daily. If you would like to receive an alert when important news breaks
please register to join our community
Citi profit hit by charge related to shoddy mortgage securities
(Reuters) - Citigroup Inc reported a 96 percent drop in quarterly earnings after taking a charge of $3.8 billion related to a $7 billion settlement with the U.S. Department of Justice over the sale of shoddy mortgage-based securities.
More from MND:
If you would like to opt-out of receiving email forwards from this person please click here to remove your email address.