U.S. bank regulator fines Citigroup $25 million for violating fair lending rules
March 19, 2019 at 12:49 PM EDT
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.