Citigroup

Judge Stops $175M Revlon Loan Payment For Citi

Judge Stops $175M Revlon Loan Payment For Citi
Judge Stops $175M Revlon Loan Payment For Citi
August 18, 2020  |  Legal & Regulation

Citigroup‘s request to freeze around $175 million in funds that were paid to hedge fund manager Brigade Capital Management by mistake has been granted by...

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Today In Payments: Oracle Latest Potential TikTok Buyer; Citibank Files Suit For $176M Mistaken Payment
Today In Payments: Oracle Latest Potential TikTok Buyer; Citibank Files Suit For $176M Mistaken Payment
August 18, 2020  |  News

In today’s top news, Oracle is reportedly looking to acquire TikTok, and Citigroup filed suit to reclaim $176 million that it mistakenly sent to Brigade...

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Citibank Files Suit For $176M Payment Made By Mistake
Citibank Files Suit For $176M Payment Made By Mistake
August 18, 2020  |  Debt

Citigroup Inc. has asked a federal judge to order Brigade Capital Management LP to return $176 million accidentally paid to the New York-based global investment...

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Citi Wants Revlon Lenders To Return $900M Paid In Error
Citi Wants Revlon Lenders To Return $900M Paid In Error
August 14, 2020  |  Loans

Citigroup Inc. paid nearly $900 million by mistake to Revlon Inc. lenders due to a clerical error and wants its money back, Bloomberg News reported....

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Banks Brace For Wave Of Corporate Credit Calamities
Banks Brace For Wave Of Corporate Credit Calamities
August 11, 2020  |  Loans

Before the deluge – of possible bankruptcies, that is – come the provisions. Get the Full Story Complete the form to unlock this article and...

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Citi Changes Its TTS Management Team
Citi Changes Its TTS Management Team
August 03, 2020  |  Personnel

Citi has named Stephen Randall as the TTS global head of liquidity management services in the London office, the company has announced. Get the Full...

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Citi BNPL Option Now On Amazon
Citi BNPL Option Now On Amazon
August 03, 2020  |  BNPL

Citi credit card holders can now use the company’s Flex Pay option to buy products on Amazon, the financial services giant announced Monday (Aug. 3)....

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Scotiabank: Why Banks Need To Rethink Personalization
Scotiabank: Why Banks Need To Rethink Personalization
July 22, 2020  |  Banking

Financial institutions (FIs) are beginning to see the light at the end of the tunnel for bouncing back from the pandemic, but the crisis has...

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