"Descending Into A Farce": Chaos Erupts After Stiffed UniCredit Bondholders Get Fat-Fingered Payment
May 26th 2021 9:40pm EDT
“Descending Into A Farce”: Chaos Erupts After Stiffed UniCredit Bondholders Get Fat-Fingered Payment Step aside Citigroup, and your erroneous $500MM transfer to Revlon bondholders: there is an even dumber “fat finger” in town. Late last week the financial world was shocked when Andrea Orcel, the new CEO of Italy’s second largest bank UniCredi, decided not […]
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