SEOUL : Woori Bank is preparing to sue Citigroup, Bank of America Merrill Lynch and Royal Bank of Scotland over losses on as much as $300 million in derivatives investments, a spokesman of the South Korean bank said, in the latest legal salvo against large banks that sold risky debt.
Woori Bank says to sue Citi, Merrill, RBS over derivatives losses
Posted by mortgage 187 days ago (Editorial)
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