Citibank has a big problem: It mistakenly wired roughly $175 million to Brigade Capital Management, and the hedge fund hasn't returned the money.
The US banking giant filed a lawsuit Monday in the Southern District of New York, seeking the return of funds that it said were transferred in an "operational mistake."
To read this complete article visit CNN Business.
Related Capabilities
Practices –
News
-
February 242021
-
February 192021
Stay up-to-date on our perspectives
Subscribe to Email