Citi Can’t Get Back $500 Million It Accidentally Wired To Revlon Lenders, Federal Judge Rules
Topline Citigroup has lost out on an attempt to retrieve more than $500 million it mistakenly wired last year to a group of companies that loaned money to embattled cosmetics firm Revlon, marking what could be the end to a lengthy saga sparked by a massively costly mishap from one of the nation’s largest banks.… More