ABU DHABI / AD MEDIA OFFICE The Sheikh Zayed Book Award (SZBA), organised by the ...
Read More »Citi cites $900mn human error. Lenders are puzzled
Bloomberg Citigroup Inc. is chalking up its wayward $900 million payment to lenders of the embattled cosmetics giant Revlon Inc. to one thing: human error. The bank — which said it has been in the process of upgrading its loan operations platform after a review it undertook last year — said it mistakenly transmitted the payments after an employee didn’t ...
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