Wipro employees had a role in Citibank's big blunder

The case involves one where Citibank acted as an administrative agent for a term loan taken by Revlon, and where it was to wire approximately $7.8 million in interest payments to Revlon’s lenders. Instead, Citibank wired almost $900 million. It mistakenly sent the principal amount too.

from Banking/Finance-Industry-Economic Times https://ift.tt/3bJxgqf