Citigroup intended to send $280 to a customer account, but instead credited the account with $81 trillion, the Financial ...
Citigroup erroneously credited $81 trillion, instead of $280, to a customer’s account and took hours to reverse the ...
Citigroup mistakenly credited a customer's account with $81 trillion last year when it meant to send just $280. The payment, ...
Once caught, it took the bank several hours to reverse the erroneous transaction, which occurred in April 2024 ...
The bank temporarily credited a customer’s account with trillions of dollars, adding to scrutiny of risk management systems ...
Citigroup erroneously credited $81 trillion, instead of $280, to a customer's account and took hours to reverse the ...
Citigroup Inc. erroneously credited $81 trillion to a customer’s account instead of $280 last April before reversing the ...
The customer was only meant to receive $280, but Citi instead credited their account with $81 trillion last April — which not ...
No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the ...
3d
Last year, an employee at Citigroup accidentally initiated a fund transfer to a customer’s account that would have made them ...
It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead ...
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