, the beauty and cosmetics company, one day after it was hit by a lawsuit over restructuring tactics.
Citi has filed suit against Brigade Capital Management, LP, a lender to Revlon, claiming that Brigade is refusing to turn over $175 million it received in mistaken loans for Citi and has instead put the loans to work for its own purposes. The investment by Citi is intended to protect against similar mistakes, a top focus of the bank, Mason added.
"I cannot emphasize enough, there is no greater priority for the entire management team than getting to what we would characterize as a best-in-class risk and control environment," he said. "Simply put, fundamentally transforming our operating environment and strengthening our infrastructure risk and controls is a strategic priority for the firm.
"Investments in digital self-service platforms that deepen client engagement while lowering our cost to serve, investments in infrastructure and process reengineering, as well as organizational structure and footprint optimization," Mason said.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Inside the life of an Uber driver in NYC during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
COVID-19: How 6 tech startups survived without the Future Fund - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
Arm risks backlash from Apple, Qualcomm after Nvidia deal: Analyst - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Motley fool article on OpenLearning=ASX$OLL🚀🚀 OpenLearning=ASX$OLL Half year results🚀🚀🚀 Look at the current chart's for OpenLearning=ASX$OLL you should see that the bulls roared bullish today for OLL. OpenLearning has broken out into a new higher trend and looks to be going 🚀🚀
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
Stock picks to buy for market-beating returns through AI tech: UBS - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »