According to lawyers following the court
process, Citigroup Inc. might be required to compensate more than it proposed
earlier in agreement with US regulators. Last month Citigroup, the
third-largest US bank agreed to accept Securities and Exchange Commission's
claim that it misinformed investors about $1 billion CDOs linked to mortgage
securities. As result, investors lost more than $700 m. Current agreement
implies $285 m settlement on collapsed CDOs.