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It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead of $280.
Citigroup accidentally credited a client’s account with $81 trillion when it meant to send only $280, the latest mistake at a bank that is struggling to repair its reputation after a string of ...
Citigroup Erroneously Credits $81 Trillion To Customer’s Account, Highlighting Years Of Operational Failures. The $81 trillion incident serves as a stark reminder of the risks posed by outdated ...
Citigroup credited $81 trillion to a customer's account, instead of just $280, and took hours to reverse the transaction -- an embarrassing "near miss" for a bank that has struggled to fix ...
Citigroup (NYSE:C) just pulled off one of the biggest near-misses in banking historyaccidentally crediting a client's account with $81 trillion instead of $280. The error, which was caught 90 ...
Citigroup Inc C wrongly credited a client’s account with $81 trillion instead of remitting only $280.. Two officials failed to detect the wrong internal transfer last April, though a third ...
Citigroup accidentally moved to transfer $81 trillion to a customer. Yes, trillion. A bank employee mistakenly entered the absurdly high figure last year while trying to manually input a transfer ...
The customer was only meant to receive $280, but Citi instead credited their account with $81 trillion last April — which not only dramatically exceeds Citigroup’s market valuation of $150 ...
Bank regulators have demanded improvements, and this $81 trillion mistake could show Citigroup hasn’t addressed its operational weaknesses, she added. Story Continues ...
Bank regulators have demanded improvements, and this $81 trillion mistake could show Citigroup hasn’t addressed its operational weaknesses, she added. One such example was when, ...
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