Another 'near miss': Citigroup mistakenly credited a customer account with $81 trillion
Citigroup mistakenly credited a customer's account with $81 trillion last year when it meant to send just $280. The payment, which took place last April, was missed by two employees but caught 90 minutes after it was posted,
Bank error in your favor: Citigroup admits it mistakenly credited a customer $81 trillion - instead of $280.00
Citigroup admitted that it mistakenly credited a customer’s account to the tune of $81 trillion () Talk about a short-lived windfall! A banking customer was mistaken
Citigroup erroneously credited client account with $81tn in ‘near miss’
Citigroup credited a client’s account with $81tn when it meant to send only $280, an error that could hinder the bank’s attempt to persuade regulators that it has fixed long-standing operational issues.
Citigroup Mistakenly Credited Customer's Account $81 Trillion — and Multiple Employees Missed the Error
Citigroup mistakenly credited a customer's account $81 trillion instead of $280 in April 2024, and multiple employees missed the mistake until it was caught by a third.
Oops. Citigroup credits $81 trillion to customer's account
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 billion, according to The New York Times,
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 the wealthiest person in the history of human existence. The incident, which took place last April,
Citigroup Mistakenly Transfers $81 Trillion to Customer Account
A customer of Citigroup was given a big surprise after it had mistakenly transferred $81 trillion dollars into the customer's
Citigroup Mistakenly Credits Customer $81 Trillion in Bizarre Payment Error
Citigroup recently made a jaw-dropping mistake that has left many scratching their heads—an $81 trillion error when it should’ve been just $280. The newly unveiled blunder happened last April when […] The post Citigroup Mistakenly Credits Customer $81 Trillion in Bizarre Payment Error appeared first on Baller Alert.
Citigroup Mistakenly Credited a Customer with $81 Trillion Instead of $280: 'Inputting Error'
An employee caught the mistake quickly, but the bank has recently made other errors that have drawn scrutiny and fines from regulators.
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 ...
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 ...
Citigroup Almost Made an $81 Trillion Mistake
Citigroup accidentally moved to transfer $81 trillion to a customer. Yes, trillion. A bank employee mistakenly entered the ...
Citigroup appoints Chris Biotti to lead private bank in North America
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
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 ...
Possible Bearish Signals With Citigroup Insiders Disposing Stock
In the last year, many Citigroup Inc. insiders sold a substantial stake in the company which may have sparked shareholders' ...
Bath & Body Works gains another bull as Citigroup flips to a Buy
After several years of sales and margin declines, Bath & Body Works’ (NYSE:BBWI) sales in the second half of 2024 inflected ...
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Citigroup accidentally sends $81 trillion to a client account instead of $280
The error went unnoticed by two employees and was flagged by a third employee 90 minutes after posting. No funds left the ...