Citigroup has mistakenly credited a client with $81trn instead of $280, exposing serious lapses in its internal transaction ...

Citigroup erroneously credited $81 trillion, instead of $280, to a customer’s account and took hours to reverse the ...

Citigroup mistakenly credited one of their customers $81 trillion when it was initially supposed to be $280. According to a ...

Citigroup mistakenly credited a customer's account with $81 trillion last year when it meant to send just $280. The payment, ...

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 ...

Two co-workers even approved the astronomical sum – more than 20 times the UK’s GDP – before it was sent to the client’s ...

Citigroup mistakenly credited a customer's account $81 trillion instead of $280 in April 2024, and multiple employees missed ...

An overview of how federal bank regulatory agencies examine banks for Bank Secrecy Act (BSA) compliance and the available ...

Last year, an employee at Citigroup accidentally initiated a fund transfer to a customer’s account that would have made them ...

FDIC cut 10% of staff as Trump's federal downsizing effort advances, fueling concerns over oversight and potential agency ...

Two former employees of an Alva bank are the subject of enforcement actions by the OCC (Office of the Comptroller of the Currency). Larry DeWitt and Derek Heaton, former employees of BancCentral, N.A.

Citigroup credited $81 trillion to a customer’s account, instead of just $280, and took hours to reverse the transaction — an ...