Revlon, Inc. reported as part of its financial results that as reported net sales dropped 10.4 percent in the fourth quarter of 2020 from the...
Citigroup’s erroneous sending of a half-billion dollars to Revlon lenders can’t be recouped, U.S. District Judge Jesse Furman in New York ruled on Tuesday (Feb....
The ongoing case of Citigroup‘s accidental $900 million payment to Revlon creditors may now have to be thrown out of court due to a mistake...
Financial services trade groups are on Citigroup‘s side in the case of the $900 million the bank accidentally sent to creditors last August, Bloomberg reported...
Several Revlon creditors want to enlist an expert to share his opinion on whether they should have known that a $900 million payout from Citigroup...
In an unusually public feud, Citigroup is engaged in a squabble with a creditor over the mistaken $900 million Revlon payments from earlier this year...
Citigroup Inc. has discovered obsolete software caused a nearly $1 billion problem earlier this month. Sources told Bloomberg News the software, which has led to...
Citigroup Inc. returned to court Friday (Aug. 21). Reuters reported the New York-based multinational investment bank and financial services corporation filed its third suit in...
There are banking mistakes, and then there is Citigroup’s $900 million Revlon loan blunder. Citigroup filed suit in federal court late Tuesday, seeking to claw...