Tag: $25.9M
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Citi fined $25.9M over alleged discrimination
In a recent development, Citi, one of the leading global banking giants, has been fined a staggering $25.9 million over alleged discrimination practices. The fine comes as a result of an investigation conducted by the U.S. Department of Housing and Urban Development (HUD), which reveals discriminatory conduct against minority mortgage borrowers. The alleged discriminatory practices…