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Tuesday, July 21, 2015

Citibank ordered to pay customers $700 million - Jul. 21, 2015

The federal government on Tuesday ordered Citibank to pay $700 million to customers it said had been overcharged by the bank.



The Consumer Financial Protection Bureau also ordered the bank to pay $35 million in penalties associated to the overcharging and for the bank's use of "deceptive marketing" techniques.



Citibank ordered to pay customers $700 million - Jul. 21, 2015

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