Please ensure Javascript is enabled for purposes of website accessibility
Home / News / Banking/Savings and Loans / Court limits judge’s say over $285M Citigroup deal

Court limits judge’s say over $285M Citigroup deal

NEW YORK — A judge overstepped his authority when he blocked a $285 million settlement between Citigroup Inc. and government regulators over toxic mortgage securities, a federal appeals court panel said Wednesday. The 2nd U.S. Circuit Court of Appeals in Manhattan reversed a decision by Judge Jed S. Rakoff to set a trial date for the ...