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Citigroup to pay $7 billion to settle US mortgage suits

Citigroup said Monday that it will pay $7 billion to settle allegations that it misled investors in its sale of mortgage-linked securities ahead of the financial crisis. Duration: 00:35

http://www.9news.com/video/3674684481001/1/Citigroup-to-pay-7-billion-to-settle-US-mortgage-suits http://cdn.newslook.com/46/4605a457c396ac529294219045c88f6c/images/frame_ext.jpg Citigroup to pay $7 billion to settle US mortgage suits Citigroup said Monday that it will pay $7 billion to settle allegations that it misled investors in its sale of mortgage-linked securities ahead of the financial crisis. Duration: 00:35 WashingtonBank of AmericaFinanceTHE GOLDMAN SACHS GROUPBNPPInc.Michael Corbatcredit suisseJPMorgan ChaseBNP Paribas S.A.CitigroupNew YorkEric HolderaustralianewslookUnited States of Americaswitzerlandgs 00:35

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