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A botched wire transfer resulted in one of the biggest blunders in banking history

A botched wire transfer resulted in one of the biggest blunders in banking history  Feb 18, 2021, 11:57 AM facebook email The tower of Citigroup is pictured beside that of One Canada Square, in the Canary Wharf financial district on the Isle of Dogs, December 22, 2019 in London, England. (Photo by Jim Dyson/Getty Images) A federal judge ruled on Tuesday Citigroup would not be able to recoup its $501 million mistake. The New York judge s ruling calls the accident one of the biggest blunders in banking history. We read through the 101-page court document to find four key takeaways. A federal judge ruled Tuesday that Citigroup will not be able to recoup half a billion dollars of its own money that accidentally sent to Revlon creditors in a financial transaction gone awry last year. 

Citigroup s $893 million Revlon blunder: 4 key takeaways from ruling

Citi ne pourra pas récupérer 500 millions de dollars crédités par erreur

Citi ne pourra pas récupérer 500 millions de dollars crédités par erreur
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