US, Citi near multibillion dollar deal to settle mortgage probe: DJ

Getty Images

Movement toward a deal follows the Department of Justice's recent threat to sue. Citigroup is expected to pay more than $4 billion to settle the probe, according to a Dow Jones report that cites sources.

A settlement could be announced as early as next week, according to the report.

This story is developing. Please check back for further updates.

Click here for the latest on the markets.