As a seasoned expert in the field of financial journalism and media, I've had the privilege of closely following and analyzing the landscape of news dissemination, particularly within the realms of Bloomberg TV+, Bloomberg Brief, Bloomberg Radio, and Bloomberg Originals. My extensive firsthand experience and in-depth knowledge of these platforms allow me to provide you with a comprehensive understanding of the concepts involved.
Bloomberg TV+:
Bloomberg TV+ is a premier platform that delivers market news, data, and analysis to empower individuals in setting their agendas. The service is known for its real-time coverage of financial markets, global economic trends, and expert insights that cater to a diverse audience. It leverages cutting-edge technology to provide viewers with up-to-the-minute information crucial for making informed decisions in the fast-paced world of finance.
Bloomberg Brief:
Bloomberg Brief complements the TV+ platform by delivering concise yet comprehensive market news, data, and analysis. This digestible format is designed for professionals and enthusiasts who require succinct updates to stay ahead in their respective fields. It serves as a valuable resource for those who seek a quick overview of the market trends and economic developments shaping the business landscape.
Bloomberg Radio:
Bloomberg Radio, anchored from key locations like New York, Boston, Washington DC, and San Francisco, is a crucial component of Bloomberg's multimedia strategy. It provides listeners with a holistic audio experience, covering the latest economic, business, and market news. The radio broadcasts not only cater to a national audience but also include local and global perspectives, making it a go-to source for staying well-informed on a broad spectrum of topics.
Bloomberg Originals - The Circuit:
Hosted by the esteemed journalist Emily Chang, The Circuit is a groundbreaking series that seamlessly integrates culture, technology, entertainment, and business. This fast-paced and dynamic show takes audiences behind the scenes of the most impactful stories, launches, and trends. Chang's intimate interviews with the world's most fascinating founders, influencers, and innovators make The Circuit a unique and captivating exploration of the intersection between various facets of modern life.
In conclusion, Bloomberg's diverse media offerings, including TV+, Brief, Radio, and Originals, collectively form a comprehensive ecosystem that caters to the varied information needs of its audience. Whether you are a financial professional seeking real-time market insights or an enthusiast interested in the intersection of culture and business, Bloomberg's multifaceted approach ensures that there is a platform tailored to your specific interests and requirements.
A hard-fought battle between Citigroup Inc. and creditors of Revlon Inc. over an epic blunder in which the bank accidentally sent the lenders almost a billion dollars was finally capped with a legal pronouncement: Case dismissed.
In August 2020, Citibank mistakenly used its own money to repay a $900 million term loan it administered on behalf of Revlon that was held by multiple asset management groups.
10. The lawyers asked U.S. District Judge Jesse Furman to let them update the status by Dec. 5. Citigroup, which was Revlon's loan agent, had accidentally used its own money in August 2020 to pay off the company's $894 million loan three years early instead of paying $7.8 million in interest.
Dec 16 (Reuters) - Citigroup Inc (C.N) , opens new tab reached an agreement with all 10 Revlon Inc (REVRQ.PK) , opens new tab lenders it mistakenly paid about $500 million on a loan, ending litigation of more than two years, a court document showed on Friday.
How It Happened. While transmitting accrued interest to the lenders' loan managers on Aug. 11, 2020, Citibank made an error that caused the accidental wire transfer of $894 million—the full amount of Revlon's outstanding principal balance—three years before Revlon's loan repayment was due.
Citigroup has been fined £61.6m by financial regulators after its internal systems failed to prevent a fat-fingered banker causing a flash crash by erroneously placing more than £1bn of orders.
Citigroup had mistakenly transferred them in August 2020 while trying to make an interest payment as an administrative agent on a loan, a blunder that became the talk of Wall Street. In February 2021 the lenders won a surprise trial court decision saying they didn't have to return the money.
Citigroup is a public company owned collectively by its shareholders. The financial company's largest shareholders include Vanguard, BlackRock, State Street Corporation, and Berkshire Hathaway.
Citibank may be suing you because it believes you have delinquent credit card debt. Credit card issuers like Citibank may resort to litigation when they cannot collect debt payments from credit card owners. Because of this, if Citibank is suing you, it is attempting to recover money it believes you own and owe.
Total debt on the balance sheet as of December 2022 : $0.74 B. According to Revlon's latest financial reports the company's total debt is $0.74 B. A company's total debt is the sum of all current and non-current debts.
Hair Relaxer Cancer Lawsuit Against L'Oréal & Revlon Moves Forward After Judge's Ruling. The products, which contain chemicals to permanently straighten textured hair, are typically marketed to women of color.
From a computer terminal in his apartment in St. Petersburg, Russia, Russian software engineer Vladimir Levin broke into a Citibank computer system in New York and, with support from several accomplices, stole $10.7 million by transferring the funds to accounts around the world.
The regulators fined Citi $400 million in 2020 after identifying "ongoing deficiencies" in its handling of various areas of risk management and internal controls, including data quality management.
The loss was driven by $3.8 billion in charges disclosed in a filing on Wednesday that included reorganization expenses, a reserve related to currency devaluations and instability in Argentina and Russia and a $1.7 billion payment to replenish a government deposit insurance fund.
Citigroup's struggles started more than two decades ago, but took a turn for the worse during the subprime mortgage crisis of 2007 and 2008, when the bank had to write off billions of dollars in bad loans and accept a government bailout to stay afloat.
Introduction: My name is Annamae Dooley, I am a witty, quaint, lovely, clever, rich, sparkling, powerful person who loves writing and wants to share my knowledge and understanding with you.
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