Revlon

Wall Street turns slightly negative at the end of trading – Powell’s words on the gold scale

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Traders on the New York Stock Exchange Even before the stock market opened, professionals were expecting a bad start to the day. – (Photo: Xinhua / eyevine / laif) – – – – New York Fed Chair Jerome Powell’s semi-annual testimony before Congress was the hot topic on Wall Street on Wednesday. The US stock … Read more

Cosmetics giant Revlon is about to go bankrupt

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KOMPAS.com – With a big name, it doesn’t necessarily make Revlon can guarantee continued existence. Not for profit, giant cosmetics The world continues to record stagnation or loss performance. Reported from BBCFriday (17/6/2022), Revlon is known to have applied for bankruptcy protection (Revlon goes bankrupt). The well-known manufacturer of nail polish and lipstick products is … Read more

Wrong transfer, Citibank could not withdraw the funds back US $ 500 million

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ILLUSTRATION. Citibank was not allowed to recover nearly US $ 500 million in funds that were accidentally transferred to Revlon creditors. Source: CNN | Editor: Khomarul Hidayat KONTAN.CO.ID – NEW YORK. Citibank has a bad fate. After committing one of the “biggest mistakes in banking history,” Citibank was not allowed to recover the nearly US … Read more

The most bizarre glitches in financial transactions

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Düsseldorf Alleged “human error” costs the major US bank Citigroup almost half a billion dollars. In August 2020, the bank transferred a total of $ 893 million to several creditors as loan administrator for the cosmetics manufacturer Revlon, appearing to be repaying a loan that was actually not due until 2023. In fact, Citigroup said … Read more

“It cannot be recovered.” Citibank of New York transfers $ 500 million by mistake

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A US District Court judge ruled that Citibank could not recover the nearly half a billion dollars it had mistakenly sent to the creditors of Revlon, in a mistake described as one of the “biggest blunders in banking history,” according to the US network CNN. . Citibank, who was acting as a loan agent for … Read more

Open the account and find a surprise income of 2,080 million | Companies

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Opening the bank account and finding an unexpected income is a reason for joy, but if the amount rises to 2.45 billion dollars (2.076 million euros), the surprise turns to disbelief. This is what has happened to a Bank of America customer, who a few days ago found an income from the entity of this … Read more

Embarrassing mishap: bank “accidentally” transfers too much

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Lawsuit filed in New York Court – A bank accidentally transfers around 175 million euros (around 147 million euros) too much – and the recipient simply does not take the coal out again. Now the banking beef is going into the next round, the two parties meet in a New York court. – Transfer the … Read more