A $280 transfer turns into $81 trillion because of bank error
The Financial Times reports Citigroup was supposed to credit a client’s account with a $280 transfer. Somehow it turned into ...
Citigroup Makes (and Then Fixes) an $81 Trillion Mistake
The bank temporarily credited a customer’s account with trillions of dollars, adding to scrutiny of risk management systems ...
Citigroup’s $81 trillion mistake is a warning ‘that operational risk is still a ticking time bomb in banking,’ expert says
It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead ...
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Citigroup Mistakenly Transfers $81 Trillion Instead of $280 in Major Banking Error
Citigroup has mistakenly credited a client with $81trn instead of $280, exposing serious lapses in its internal transaction ...
Another 'near miss': Citigroup mistakenly credited a customer account with $81 trillion
Citigroup mistakenly credited a customer's account with $81 trillion last year when it meant to send just $280. The payment, ...
Citigroup Almost Made an $81 Trillion Mistake
Citigroup accidentally moved to transfer $81 trillion to a customer. Yes, trillion. A bank employee mistakenly entered the ...
Citi's latest blunder: an $81 trillion 'inputting error'
No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the ...
Citigroup Briefly Makes Customer the Richest Person in History With Mistaken $81 Trillion Transfer
Last year, an employee at Citigroup accidentally initiated a fund transfer to a customer’s account that would have made them ...
Citigroup's $81 Trillion Blunder: The Banking Error That Could Shake Investor Confidence
Citigroup (NYSE:C) just pulled off one of the biggest near-misses in banking historyaccidentally crediting a client's account ...
Citi bungle briefly credits client’s account with $81 trillion — instead of $280
Citigroup credited $81 trillion to a customer’s account, instead of just $280, and took hours to reverse the transaction — an ...
Citigroup mistakenly credited a customer account with $81 trillion
Citigroup erroneously credited $81 trillion, instead of $280, to a customer’s account and took hours to reverse the transaction, a “near miss” that shows up the bank’s operational issues it has sought ...
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Citigroup Mistakenly Transfers $81 Trillion to Customer Account
A customer of Citigroup was given a big surprise after it had mistakenly transferred $81 trillion dollars into the customer's ...