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Found 2 results in 546 milliseconds.

Citibank loses USD 500 mln in accidental payments

News | Digital Identity, Security & Online Fraud | 07 Jun 2021

US-based Citibank has been forced to lose around USD 500 million after accidentally wiring almost USD 900 million of its own money to lenders while serving as Administrative Agent.

banks, fraud prevention, payment fraud

Citibank sues Brigade Capital

News | Payments General | 19 Aug 2020

US-based Citigroup has asked a federal court to force hedge fund Brigade Capital to return USD 176 million.

Citibank, banks, payments , US, Citigroup, federal court, Brigade Capital, Revlon, Brigade, loans