Citigroup pays $7 billion in settlement

Banking & Finance

Citigroup has agreed to pay a multi-billion dollar settlement, which is the second largest settlement paid for by a Wall Street bank in the wake of the 2008 financial crisis, following an investigation into risky subprime mortgages.

(Source: Al Jazeera English YouTube channel)

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The lion's roar: Ashish J Thakkar's rise from Rwanda genocide to $1bn powerhouse
Twenty years ago the Dubai-based business tycoon watched his parents flee the Rwanda genocide having lost everything — again. Today, the company he started to help get his family back on their feet is a monstrous conglomerate in 22 African countries.

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