Wall Street PR – The diversified financial services provider Citigroup Inc (NYSE:C) has been advised to face a hearing by the U.S. judge on a subpoena of a hedge fund seeking proof of Argentina threat. The judge was also overseeing the issue of defaulted bondholders and Argentina.
NML Capital, a hedge fund company, had demanded Citigroup Inc (NYSE:C) to provide proof of claims that Argentina had threatened the bank with punitive actions in case the bank maintains to abide by Thomas Griesa, a U.S. District Judge in Manhattan, order, Bloomberg reported.
