February 27, 2021

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The Real Time News

Citigroup cannot recoup Revlon payouts after nearly $900 million gaffe: US judge

The case stemmed from an incident where Citigroup, acting as Revlon#39;s loan agent, wired $893 million to Revlon#39;s lenders, appearing to pay off a loan not due until 2023. ...

Citigroup cannot recoup Revlon payouts after nearly $900 million gaffe: US judge The case stemmed from an incident where Citigroup, acting as Revlon#39;s loan agent, wired $893 million to Revlon#39;s lenders, appearing to pay off a loan not due until 2023.

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