Citigroup intended to send $280 to a customer account, but instead credited the account with $81 trillion, the Financial ...
The bank temporarily credited a customer’s account with trillions of dollars, adding to scrutiny of risk management systems ...
Wells Fargo views the Financial Times’ reporting Friday on Citi’s (C) near-miss money transfers as backward looking with no impact to the ...
It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead ...
Last year, an employee at Citigroup accidentally initiated a fund transfer to a customer’s account that would have made them ...
The bank said it “promptly identified and corrected this inputting error” but it came the same month as $US81 billion was ...
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Hosted on MSNCiti Reportedly Transfers $81T To Client Account Erroneously, Mistake Rectified Within Hours – Stock, Retail Stay UnswayedCitigroup Inc (C) stock drew unwanted attention on Friday after a report said the bank incorrectly credited $81 trillion into ...
No money left the bank, but the "inputting error" comes as CEO Jane Fraser seeks to convince regulators she is fixing the ...
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