Aug 17 (Reuters) - Citigroup Inc filed a lawsuit onMonday against Revlon Inc lender Brigade CapitalManagement LP, asking the hedge fund to return the portion ofthe $900 million that was mistakenly ...
Citi is no stranger to expensive errors. In 2021, it accidentally sent Revlon creditors $900m when it really wanted to pay them $7.8m in interest. In 2022, it lost $48m when a trader who intended to ...