Citigroup Inc. Rotten Score Breakdown
Corporate Misconduct
30.0ptsRotten to the core
Avg Rating: 5.00Ratings: 1Severity Score: 6.00Evidence Count: 1Contribution: 30.0 pts
Misconduct: low 0 · medium 0 · high 1
Remediation: low 0 · medium 0 · high 0ⓘ cap: 25%
Citigroup paid $7 billion over misleading sales of toxic mortgage securities
DOJ and federal and state partners reached a $7 billion settlement with Citigroup over its packaging, securitization, marketing, sale and issuance of residential mortgage-backed securities before 2009. Citigroup acknowledged serious misrepresentations to investors and that it securitized and sold pools containing loans it knew had material defects. Source: https://www.justice.gov/usao-edny/pr/justice-department-federal-and-state-partners-secure-record-7-billion-global-settlement
Human Rights & Exploitation
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Fraud & Corruption
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Deceptive Practices
30.0ptsToxic workplace vibes
Avg Rating: 5.00Ratings: 1Severity Score: 6.00Evidence Count: 1Contribution: 30.0 pts
Misconduct: low 0 · medium 0 · high 1
Remediation: low 0 · medium 0 · high 0ⓘ cap: 25%
Citibank ordered to provide $700 million in relief over illegal credit-card add-on practices
CFPB ordered Citibank and subsidiaries to provide an estimated $700 million in relief to consumers harmed by illegal practices involving credit-card add-on products and services. Source: https://www.consumerfinance.gov/enforcement/actions/citi-credit-card-add-ons/
Environmental Harm
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Sustainability Deception
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Workplace Misconduct
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Financial Misconduct
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts