Citi Can't Recover Funds Sent In $900M Revlon Loan 'Blunder'

By Jon Hill ( February 16, 2021, 12:24 PM EST) -- A New York federal judge ruled Tuesday that Citibank NA cannot claw back hundreds of millions of dollars it mistakenly wired to Revlon Inc. lenders last summer, rejecting the bank's legal quest to clean up what he called "one of the biggest blunders in banking history."...

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