Citigroup Inc, RMBS Settlement Won’t Impact Its Quarterly EPS [CREDIT SUISSE]

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Mani
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Citigroup Inc (NYSE:C)’s settlement to pay $1.125 billion to settle legacy and other claims would be a positive, note Credit Suisse analysts.

Citigroup Inc, RMBS Settlement Won’t Impact Its Quarterly EPS [CREDIT SUISSE]

Moshe Orenbuch and Jill Glaser Shea of Credit Suisse in their Equity Research report dated April 7, 2014 note Citigroup’s recent settlement is a positive in that it puts another legal issue behind the company.

Citigroup’s settlement

Citigroup Inc (NYSE:C)

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports