Citibank To Exit Argentina Custody Business Under Pressure
By Evan Weinberger ( March 17, 2015, 12:15 PM EDT) -- Citibank NA on Tuesday said its Argentina branch will exit the custody business following threats from the Argentine government after a federal judge in New York barred the bank from paying out on bonds subject to a bitter $2.3 billion dispute with a U.S. hedge fund....
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