A $280 transfer turns into $81 trillion because of bank error
The Financial Times reports Citigroup was supposed to credit a client’s account with a $280 transfer. Somehow it turned into $81 trillion.
Citibank makes an $81 trillion error. What we know
The financial mistake was corrected after it was caused by what a company spokesperson called an “inputting error."
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.
Citigroup customer’s $280 deposit mistakenly credited to their account as $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
Bank accidentally credits $81 trillion instead of $280
In the latest embarrassing mistake, Citi credited an account with $81 trillion instead of $280. The company acknowledged to Business Insider that an "inputting error" had been made but would not confirm the exact numbers reported by the Financial Times.
Citigroup's Copy-Paste Error Almost Resulted In $6 Billion Transfer; Here's What Happened
Citigroup nearly transferred about $6 billion to a customer's account by mistake after an employee accidentally copied and pasted the account number into the field meant for the dollar amount. This near-miss occurred within Citigroup's wealth-management business,
Citi’s $81 trillion mixup underscores the risks of manual processes
Top accounting talent remains essential in the financial services industry. And a "near miss" that almost cost Citigroup ...
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 ...
Bank mistakenly transfers you $81 trillion instead of $280, realizes 90 minutes after payment, then cancels it
A “near miss” that took several hours to reverse has flagged obvious glitches in the bank’s operational practices.
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 ...
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 ...
Bank accidentally credits customer with $81 trillion instead of $280
One of America’s biggest banks accidentally transferred more than $80 trillion (£64 trillion) to a customer’s account after a ...
Citigroup mistakenly credits customer account $81 trillion in "near miss", FT reports
Citigroup erroneously credited $81 trillion, instead of $280, to a customer's account and took hours to reverse the ...
Citi bungle briefly credits client’s account with $81 trillion — instead of $280
Citigroup credited $81 trillion to a customer’s account, instead of just $280, and took hours to reverse the transaction — an ...
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 ...
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 ...
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 ...