Citigroup has mistakenly credited a client with $81trn instead of $280, exposing serious lapses in its internal transaction ...
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A banking customer was mistakenly credited $81 trillion in their account when it was supposed to be just $280 - with one zero ...
In an alarming revelation, Citigroup recently reported a colossal mistake that saw $81 trillion mistakenly credited to a client’s account instead of a mere $280. This monumental error, which occurred ...
Citigroup mistakenly credited a customer's account with $81 trillion last year when it meant to send just $280. The payment, ...
This monumental mistake, previously unreported, has come to light at a critical time for Citigroup. The bank is currently striving to convince regulators that it has ...
Once caught, it took the bank several hours to reverse the erroneous transaction, which occurred in April 2024 ...
Fraser spent her teenage years in Australia and has 2 master's degrees, from Cambridge and Harvard; her Cuban-born husband ...
An employee caught the mistake quickly, but the bank has recently made other errors that have drawn scrutiny and fines from ...
Citigroup (NYSE:C) just pulled off one of the biggest near-misses in banking historyaccidentally crediting a client's account ...
The customer was only meant to receive $280, but Citi instead credited their account with $81 trillion last April — which not ...
Citigroup credited $81 trillion to a customer’s account, instead of just $280, and took hours to reverse the transaction — an ...