Legal
Regulation, Risk & Compliance
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Wealth and Asset Management
Citi, Saudi Family Fight Over Hedge Fund, Private Equity Losses
Citigroup is seeking to stop a nearly $400 million arbitration claim over its handling of a Saudi family's alternative investments in its tracks. The bank has sued Abdullah and Ghazi Abbar, who filed a $383 million arbitration claim against its Citigroup Global Markets unit, accusing it of mismanaging their hedge…
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