Citigroup urges appeals court to hit ‘rewind’ after Revlon blunder

Citigroup on Wednesday pressed a federal appeals court to let it recoup about $504 million of its own money that it accidentally wired Revlon lenders, saying its mistake did not entitle them to a huge windfall. The bank’s lawyer Neal Katyal said the lenders had six “red flags” of the error, and had not expected...

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