By Brian Honea
Settlements with the federal government for mortgage servicing misconduct led to sharp year-over-year declines for Citigroup and Bank of America in both fourth quarter and full-year net incomes in 2014, according to Q4 2014 and year-end earnings statements for both banks released on Thursday.
The post Settlements Cut Into Citigroup, Bank of America Net Earnings for Q4, Full-Year 2014 appeared first on DSNews.
Via:: Settlements Cut Into Citigroup, Bank of America Net Earnings for Q4, Full-Year 2014
