• SENSEX
    NIFTY 50

Citibank’s $900 million fiasco: Here's what happens if you commit such a mistake?

Updated : February 18, 2021 06:13:19 IST

A US District Court judge recently ruled out Citibank’s lawsuit seeking a full refund of the money it mistakenly wired to a group of lenders of cosmetic company Revlon.
The judge added that the transfers were “final and complete transactions, not subject to revocation.”
Citibank’s $900 million fiasco: Here's what happens if you commit such a mistake?
Published : July 22, 2020 09:26 AM IST

You May Also Like

Live TV

recommended for you

Advertisement