SEARCH

Citigroup to buyback securities worth $7.3 b

print   ·   T  T  

NEW YORK: Citigroup will buy back securities worth $7.3 billion from investors as part of its settlement with American regulatory authorities following allegations of fraudulent sale of illiquid bonds. It would also pay $100 million to the State of New York and other state agencies.


O
P
E
N

close

Recent Article in BUSINESS

Microfinance industry lending jumps 61 %

The microfinance industry has recorded a 61 per cent jump in its loan portfolio in the second quarter ended September 30, 2014, by lendin... »