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Argentine court bars Citibank from quitting custodian role

May 19, 2015 3:13 AM ETCitigroup Inc. (C) StockCBy: Yoel Minkoff, SA News Editor5 Comments
  • In yet another turn of events, Argentina has now barred Citibank (NYSE:C) Argentina from exiting its role as custodian of some Argentine sovereign bonds while a row with U.S. creditors over unpaid debt rages on.
  • The country has already suspended the bank from capital market operations and stripped its chief executive officer of his authority.
  • Previously: Citi-Argentina relations plumb new low (Apr. 08 2015)
  • Previously: Argentina bans Citi from capital market operations (Mar. 29 2015)

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