How Citi gave away $900 mn by mistake9 min read . Updated: 21 Feb 2021, 10:51 AM IST
- Would you claim ‘finders keepers’ on a mistaken transfer by Citibank? These asset managers did and won in court.
- The decision is the latest blow to Citigroup, which is updating its underlying controls and technology after regulators slapped it with a $400 million fine for deficiencies last year.