Citigroup agrees to $3M refund after ASIC raised ‘personal advice’ concerns

Article 2019-04-15 10:58 pm By Cat Fredeburgh | Melbourne

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Citigroup has agreed to refund $3 million to 114 customers that suffered losses stemming from investments in complex financial products, after ASIC raised concerns that some of the customers may have thought they were getting personal rather than general advice.

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