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LAWSUITS NEWS & LEGAL INFORMATION

Citigroup Inc.

The nation's largest bank has agreed to pay a $25 million settlement to clear an investigation by the U.K. securities regulator into a series of European government bond trades. Citigroup must forfeit the 9.96 million pounds in profit made from the August 2nd bond trades and pay a 4 million pound penalty. (Jun-28-05) [BLOOMBERG]


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Published on Jul-5-05


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