U.S. bank regulator fines Citigroup $25 million for violating fair lending rules

The U.S. Office of the Comptroller of the Currency (OCC) said on Tuesday it has fined Citigroup $ 25 million for violating the Fair Housing Act after it denied some borrowers preferential rates on the basis of their race, color or other factors.


Reuters: Business News

SPECIAL DISCOUNT UPDATE!

Jos. A. Bank: Daily Deals From Jos. A. Bank – Get Up to 75% Off!

Equifax expects fines from US regulators over data breach

Credit reporting company Equifax said it was informed by several US regulators that they intend to seek damages from the company related to the cybersecurity breach of 2017 that exposed personal information of nearly 145 million people. The company has received legal notices from the Federal Trade Commission, Consumer Financial Protection Bureau and the New…
Business | New York Post

SPECIAL SHOE DISCOUNT UPDATE:

Italian anti-trust watchdog fines Apple and Samsung for allegedly slowing down their phones on purpose

Apple was fined an additional $ 5.7 million for allegedly failing to give clear information to customers about how to maintain and replace their batteries.
Tech

BEST DEAL UPDATE:

Shop the latest electronics deals direct from Samsung