Citigroup (C.N) narrowly avoided mistakenly crediting about $6 billion to a customer's wealth-management account due to a ...

Executives were already in talks with higher-ups and regulators about how to address the incident when news of the much ...

A routine banking transaction at Citigroup last April turned into a major blunder when the bank mistakenly credited $81 trillion to a customer's account instead of US$280 ...

This week has seen a peculiar case in the banking sector where a clerical error almost transferred $6 billion to wealth ...

Citigroup nearly transferred US$6 billion (S$8.08 billion) to a customer’s account after an employee handling the transfer ...

A copy-paste error at Citigroup Inc. almost sent $6 billion to a client by accident. The employee handling the transaction ...

Citigroup (NYSE:C) nearly transferred $6 billion to a customers account in its wealth-management division due to a copy-paste ...

Citigroup nearly transferred $6 billion to a customer due to a copy-paste mistake. A staffer accidentally entered an account ...

(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.

The near-error occurred after a staffer handling the transfer copied and pasted the account number into a field for the dollar figure, the report added.

The near-error occurred after a staffer handling the transfer copied and pasted the account number into a field for the dollar figure, which was detected on the next business day.