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Best mortgage deals of the week

As possibility of multiple interest rate cuts dwindle here's what banks and building societies are offering

Citigroup to pay $100M to settle rate manipulation charges

Business Insider UK
Updated

Citigroup is agreeing to pay $100 million to settle charges that its bankers manipulated an important interest rate used to price everything from credit cards to mortgages. It is the latest bank to settle charges related to the manipulation of the London Interbank Offered Rate, better known as Libor. Citi will pay $100 million to the New York State Attorney General's office and 41 other states involved with the investigation, New York Attorney General Barbara Underwood said Friday.

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