- Reuters reports the DOJ is getting set to file civil fraud charges against Citigroup (C) and Merrill Lynch (BAC) over MBS sales made during the financial crisis. In addition, probes of RBS and Credit Suisse (CS) are said to be "progressing."
- The report comes a month after JPMorgan reached a $13B settlement with the DOJ and other agencies
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DOJ reportedly set to file civil fraud charges against Citi, Merrill
Dec 17 2013, 18:57 ET