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Bank to pay $31M redlining settlement, largest in US history

Summary by PBS NewsHour
The Justice Department accused Los Angeles-based City National Bank on Thursday of discriminating against Black and Latino residents, requiring the bank to pay more than $31 million in what is the largest redlining settlement in history.

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  • 69% of the sources are Center
69% Center
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NY1 broke the news in New York, United States on Thursday, January 12, 2023.
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