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U.S. bank regulator fines Citigroup $25 million for violating fair lending rules

March 19, 2019 by  
Filed under News

The U.S. Office of the Comptroller of the Currency (OCC) said on Tuesday it had fined Citigroup $25 million for violating the Fair Housing Act by denying some borrowers preferential rates on the basis of their race, color or other factors.


Source: Reuters Business News

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