Sunday, 28 February 2016

Citigroup Faces Fraud Suit Claiming $1.1 Billion in Losses

Citigroup Inc. was sued for fraud by investors and creditors of a bankrupt Mexican oil services firm over claims they were harmed by a loan scheme that also led the bank to cut 2013 profit by $235 million and fire at least a dozen people. Citigroup’s loans led to the 2014 collapse of the Mexican ...
Citigroup Faces Fraud Suit Claiming $1.1 Billion in Losses
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Usman
Forex News

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