Citigroup almost shifted $6 billion to customer’s account

Citigroup nearly shifted $6 billion to wealth account, Bloomberg reports
Citigroup nearly transferred about $6 billion to a customer's account in its wealth-management business by accident, Bloomberg News reported on Monday, citing people familiar with the matter. The near-error occurred after a staffer handling the transfer copied and pasted the account number into a field for the dollar figure,
Citigroup Nearly Made $6 Billion Transfer Error Due to Copy-Paste Mistake
Citigroup (NYSE:C) nearly transferred $6 billion to a customers account in its wealth-management division due to a copy-paste error, Bloomberg News reported. The mistake happened when a staff member accidentally pasted
Another near miss: Citigroup almost sent $8 billion to wealth account in copy-paste error
The near-miss in Citigroup’s wealth-management business magnified the intended amount by more than a thousand times and was detected on the next business day, according to people familiar with the matter. It happened in April 2024, the same month that another part of the bank accidentally credited US$81 trillion to a different client.
Citigroup almost sent $6 billion to wealth account in copy-paste error, Bloomberg reports
Citigroup nearly credited about $6 billion to a customer's account in its wealth-management business by accident, Bloomberg News reported on Monday, citing people familiar with the matter. The near-error occurred after a staffer handling the transfer copied and pasted the account number into a field for the dollar figure,
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 the wealthiest person in the history of human existence. The incident, which took place last April,
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 to fix,
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
Citigroup almost shifted $6 billion to customer’s account after copy-paste error
Citigroup nearly credited about $6 billion to a customer’s account in its wealth-management business by accident, Bloomberg News reported on Monday, citing people familiar with the matter. The near-error occurred after a staffer handling the transfer copied and pasted the account number into a field for the dollar figure,
Citigroup Incorrectly Credits $81T in Client's Account in "Near Miss"
C has erroneously credited $81 trillion, instead of $280, to a client's account and has taken hours to reverse the ...
Bank error in your favor: Citigroup admits it mistakenly credited a customer $81 trillion - instead of $280.00
Citigroup admitted that it mistakenly credited a customer’s account to the tune of $81 trillion () Talk about a short-lived ...
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 Almost Made an $81 Trillion Mistake
Citigroup accidentally moved to transfer $81 trillion to a customer. Yes, trillion. A bank employee mistakenly entered the ...
Business Times5h
Citigroup copy-paste error almost sent US$6 billion to wealth account
CITIGROUP almost shifted about US$6 billion to a customer’s account by accident after a staffer handling the transfer copied ...
Citigroup’s $81 trillion transaction error raises compliance concerns
Citigroup's $81 trillion mistake sparks concerns over operational controls and regulatory oversight, prompting investments in upgrades.
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 ...
Possible Bearish Signals With Citigroup Insiders Disposing Stock
In the last year, many Citigroup Inc. insiders sold a substantial stake in the company which may have sparked shareholders' ...