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Empresas y finanzas

Morgan Stanley must pay $4.5 million to Citigroup's Banamex unit: panel


    (Reuters) - Morgan Stanley & Co Inc must pay $4.5 million to Citigroup's Banamex unit which alleged the firm had allowed funds in a family's trust account to be used to repay third-party loans without its authorization, according to a ruling on Friday.

    A Morgan Stanley spokeswoman declined to immediately comment.

    (Reporting by Suzanne Barlyn; Editing by Meredith Mazzilli)