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United States of America v. City National Bank
Case Number:
2:23-cv-00204
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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February 01, 2023
Court OKs Settlement In City National Redlining Suit
An agreement between City National Bank and the U.S. government requiring the bank to make its financial services available in majority-Black and Hispanic areas of Los Angeles has received a California federal judge's approval, ending a suit alleging the company engaged in unlawful redlining.
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January 12, 2023
City National's $31M Redlining Deal Is Largest In DOJ History
City National Bank reached a $31 million settlement with the U.S. Department of Justice, ending a lawsuit alleging the bank racially discriminated against borrowers in Los Angeles County in the largest deal of its kind, the Justice Department announced in a statement Thursday.