It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead ...
The bank temporarily credited a customer’s account with trillions of dollars, adding to scrutiny of risk management systems ...
This monumental mistake, previously unreported, has come to light at a critical time for Citigroup. The bank is currently striving to convince regulators that it has ...
Citigroup accidentally moved to transfer $81 trillion to a customer. Yes, trillion. A bank employee mistakenly entered the ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
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 ...
In the last year, many Citigroup Inc. insiders sold a substantial stake in the company which may have sparked shareholders' ...
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