Citigroup Paying $75 Million To Settle Civil Charges

WASHINGTON, D.C. - (AP) Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007. The Securities and Exchange Commission announced the settlement with Citigroup on Thursday. It said the company repeatedly. . . . Full version available to lexis.com subscribers.