| The U.S. Supreme Court on Monday rejected a bid by Abu Dhabi's massive sovereign wealth fund to continue pursuing Citigroup Inc. for funds lost in a $7.5 billion investment deal.
The high court said in a one-line order released Monday morning that it would not review an arbitration panel's 2011 ruling in favor of Citigroup and against the Abu Dhabi Investment Authority. Representatives for Abu Dhabi were not immediately available for comment Monday. Citigroup declined to comment...............................................Full Article: Source |