Citi gives away $900 million by mistake, now three lenders refuse to return the money
The mistaken payment was first reported by LevFin Insights. By Katherine Doherty and Jenny Surane Even for Citigroup Inc., it was big money. On Wednesday, loan operations staff at the New York bank wired $900 million, seemingly on behalf of Revlon Inc., to lenders of the troubled cosmetics giant controlled by billionaire Ron Perelman. It … Read more