January 12, 2017 / 5:39 PM / in 7 months

Citigroup resolves four-year New York probe of overcharges

NEW YORK, Jan 12 (Reuters) - Citigroup Global Markets Inc, a unit of Citigroup Inc, has resolved a four-year investigation of fee overcharges, the New York attorney general said on Thursday.

The investigation revealed that CGMI overcharged over 47,000 customers more than $22.5 million in fees, New York attorney general Eric Schneiderman said in a statement.

Reporting By Karen Freifeld

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