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Tag: creditors

Citi’s ‘six eyes’ come under fire as trial begins over $900M error

December 10, 2020

Via: Banking Dive

“Oh my.” Those words, in a 9:51 a.m. chat on the day Citi mistakenly transferred $900 million to 315 creditors of cosmetics giant Revlon, marked Vinny Fratta’s initial realization of how extensive the error might be. A trial, centered on […]