International Finance

Tag : vulture

Economy

Argentina sues and suspends Citibank

The reason is the bank’s exit from its bond custody business Kamilia Lahrichi April 14, 2015: The Argentine left-wing government is suing in local courts Citibank Argentina, the country’s 12th largest bank by deposits and a subsidiary of Citigroup, for exiting its bond custody business, Economy Minister Axel Kicillof said on April 8, 2015, in...
Economy

An unhappy New Year for Argentina

It is entangled in a legal battle with hedge funds that bought its debt on the cheap during the 2001 crisis Kamilia Lahrichi January 12, 2015: There will be no truce between the Argentine government and its foreign creditors, despite the expiration of a provision on December 31, 2014 that could have paved the way...