Citigroup to refund retail customers for investment losses: Australian regulator

Published: 15/04/2019
Citigroup to refund retail customers for investment losses: Australian regulator
Source: NEWS.YAHOO.COM

Citigroup will refund more than A$3 million ($2.2 million) to retail customers in Australia who suffered losses from complex investments sold by the bank without adequate advice, the country's corporate watchdog said on Monday. The Australian Securities and Investments Commission said it had concerns the bank's financial advisers had sold the complex products without complying with regulatory an

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