Reuters, 1 Oct 2009
SINGAPORE, Oct 1 (Reuters) - Citigroup (C.N) said on Thursday it has reached an agreement with a private banking client that had sued the bank for losing millions of dollars in foreign exchange and bond trades.
"Citi and Mr Oei Hong Leong have reached an amicable settlement, as a result of which Mr. Oei will be discontinuing the action.
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Related:
Citigroup Settles Lawsuit With Singapore Client Oei - Bloomberg.com
Citigroup settles with Singapore businessmen over S$1b trading losses - Theedgemalaysia.com
Citigroup, Singapore tycoon settle lawsuit - AFP
