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Citigroup almost shifted $6 billion to customer’s account

Citi Copy-Paste Error Almost Sent $6 Billion to Wealth Account

Citigroup Inc. almost shifted about $6 billion to a customer’s account by accident after a staffer handling the transfer copied and pasted the account number into a field for the dollar figure.

KNOE · 2m

Citi mistakenly credits $81 trillion to customer’s bank account

(CNN) – Citigroup made a costly error before reversing course. The bank accidentally credited a customer’s account with $81 trillion instead of $280. It quickly reversed the transaction within a few hours. CBS News reports this happened last April.

New York Post on MSN · 2h

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,

6hon MSN

Citi's consumer and retail M&A head Finkelstein to leave bank, sources say

David Finkelstein, a veteran investment banker who heads Citigroup's global consumer and retail mergers and acquisitions unit ...

13h

U.S. Crypto Strategic Reserve More Likely, Further Details Needed: Citi

"The announcement of further plans for the U.S. government potentially to become a strategic holder of digital assets would ...

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 ...

14hon MSN

Citi’s $81 trillion mixup underscores the risks of manual accounting

Top accounting talent remains essential in the financial services industry. And a "near miss" that almost cost Citigroup ...

Citi predicts 25% US copper-specific tariff by fourth quarter

Citi anticipates an eventual implementation of a 25% copper-specific tariff by the fourth quarter of 2025, following U.S.

GPT Group (GPTGF) Receives a Buy from Citi

In a report released today, Howard Penny from Citi maintained a Buy rating on GPT Group (GPTGF – Research Report), with a price target of ...

Citi: The Most Compelling Valuation In Banking

Citi's current strategy might certainly boost its profitability and claw back the valuation gap to its peers. Click here to ...

Matt Levine's Money Stuff: Citi Keeps Hitting the Wrong Buttons

Also losing a billion dollars is cool, CEO personal conduct, the crypto strategic reserve, State Street vs. BlackRock and structured finance is also cool.

Citi Predicts 25% Copper-Specific Tariff by Fourth Quarter

(Reuters) - Citi anticipates an eventual implementation of a 25% copper-specific tariff by the fourth quarter of 2025, ...

Prologis, Inc. (PLD) 2025 Citi's Global Properties CEO Conference Call

Citi’s Global Properties CEO Conference Call March 3, 2025 11:00 AM ETCompany ParticipantsNicholas Gregory Joseph - ...

4hon MSN

Citi's $81 Trillion Mistake Flagged as ‘Near Miss,’ Raises Risk Control Concerns

Citigroup mistakenly credited a customer’s account $81 trillion last April instead of the intended $280. The error went unnoticed by two employees but was caught 90 minutes later, reversed within ...

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Citigroup almost shifted $6 billion to customer’s account

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