Back to Search Start Over

Citigroup says judge allowing two argentina bond payments.

Authors :
Campbell, Dakin
Source :
Bloomberg.com; 3/23/2015, pN.PAG-N.PAG, 1p
Publication Year :
2015

Abstract

Citigroup Inc. said a U.S. judge is letting it process two bond payments in Argentina, giving it time to exit a custody business there that got stuck in the government's legal battle with hedge funds. Citigroup said last week it's quitting the custody business in Argentina after the nation threatened to revoke the bank's license if it didn't handle the payments. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
140895527