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RSS FeedsCitibank to pay $18 million penalty for failing to insure flood-prone properties
(Reuters Business)

 
 

21 january 2020 17:25:09

 
Citibank to pay $18 million penalty for failing to insure flood-prone properties
(Reuters Business)
 
A U.S. banking regulator fined Citibank N.A. $18 million for delays in purchasing mandatory flood insurance for properties where borrowers were located in flood-prone areas.


 
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