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City National Bank to pay $31M in redlining settlement with DOJ

Por: ABC News Nation January 13, 2023

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The U.S. Department of Justice announced a $31 million settlement with City National Bank over allegations that the Los Angeles-based bank engaged in redlining – a pattern of lending discrimination – in Los Angeles County.The settlement, which according to the DOJ is the largest redlining settlement in the department's history, will benefit individuals and communities impacted by the discriminatory practice, the DOJ on... + full article



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