The US was asking other banks for similar amounts since early on but they settle for less... "In 2014, the DoJ asked Citigroup (C.N) to pay $12 billion to reso

The US was asking other banks for similar amounts since early on but they settle for less... "In 2014, the DoJ asked Citigroup (C.N) to pay $12 billion to resolve an investigation into the sale of shoddy mortgage-backed securities, sources said. The fine eventually came in at $7 billion."