January 6, 2015 / 10:24 PM / in 3 years

U.S. judge sets March hearing over Citi processing of Argentine bond payments

NEW YORK (Reuters) - A U.S. judge has scheduled a March 3 hearing over whether Citigroup Inc (C.N) can process interest payments by Argentina on bonds issued under its local laws following its 2002 default.

A Citi sign is seen at the Citigroup stall on the floor of the New York Stock Exchange, October 16, 2012. REUTERS/Brendan McDermid

The hearing was set by U.S. District Judge Thomas Griesa in Manhattan, who had in November put off holding a determinative hearing on the subject while allowing the bank to process a payment due the next month.

Reporting by Nate Raymond in New York; Editing by Chris Reese

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