Monday, August 17, 2020

Citigroup sues Brigade Capital for not returning part of $900 million transferred mistakenly

Citigroup Inc. asked a federal court to order Brigade Capital Management LP to return its share of more than $900 million that the bank mistakenly wired to Revlon Inc. lenders.The bank has recouped less than half of the money, which it blamed on a clerical error

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