Aug 6, 2014 — The bank would pay between $16 billion and $17 billion for alleged mortgage-related abuses, according to a source familiar with the talks. A final announcement could come next week.
Jul 15, 2014 — The Justice Department's settlement with Citigroup offers $2.5 billion for "consumer relief." Critics say it will do nothing for those hurt most by the foreclosure crisis: people who lost their homes.
Jul 14, 2014 — The deal frees Citi from potential liability for collateralized debt obligations as well as mortgage-backed securities issued, structured or underwritten by the company between 2003 and 2008.
Dec 10, 2013 — The Volcker rule, a key part of the 2010 Dodd-Frank financial law, prevents banks from using government-insured money to make speculative bets.
Oct 1, 2012 — The suit relates to the securities sold by Bear Stearns, which collapsed in 2008 and is now owned by JPMorgan. It's the suit first to be filed under the auspices of the RMBS Working Group, set up by President Obama to investigate and prosecute alleged misconduct that contributed to the financial crisis.
Apr 27, 2012 — Critics say the compensation packages underscore how dangerously out of touch Wall Street was in the years leading up to the financial crisis and Great Recession.
Nov 30, 2011 — By adding "liquidity" to the world's markets, the central banks aim to keep credit flowing.
May 31, 2010 — Is student debt the next financial shoe to drop?