Big Banks Keep Paying A Pittance To Settle Fraud Charges

Big Banks Keep Paying A Pittance To Settle Fraud Charges: pThis week, Citigroup announced that it had settled with the Securities and Exchange Commission over charges that the mega-bank misled investors in a derivatives deal and then bet against them. Under the terms of the settlement, Citi agreed to pay $285 million. Citi is not the first bank to settle these sorts of charges with [...]/p