Citigroup’s $81 trillion error highlights ongoing struggles to fix operational issues as regulatory pressure on the bank ...
Citigroup Inc. came close to accidentally transferring nearly $6 billion to a customer's account when an employee mistakenly ...
The near-miss in Citigroup’s wealth-management business magnified the intended amount by more than a thousand times and was ...
This week has seen a peculiar case in the banking sector where a clerical error almost transferred $6 billion to wealth ...
Instead of $280, Citigroup accidentally credited a customer with $81 trillion. Imagine waking up, checking your bank balance, ...
The near-miss in Citigroup's wealth-management business magnified the intended amount by more than a thousand times and was ...
Citigroup nearly transferred $6 billion to a customer by mistake due to a copy-paste error, shortly after another error of ...
(CNN) – Citigroup made a costly error before reversing course. The bank accidentally credited a customer’s account with $81 ...
Citigroup's $81 trillion mistake sparks concerns over operational controls and regulatory oversight, prompting investments in upgrades.
CITIGROUP almost shifted about US$6 billion to a customer’s account by accident after a staffer handling the transfer copied ...
The financial mistake was corrected after it was caused by what a company spokesperson called an “inputting error." ...