Citigroup accidentally credited an account with $81 trillion instead of $280 as it meant to before catching the error, the ...
Citigroup reported the "near miss" to the Federal Reserve and the Office of the Comptroller of the Currency, according to the ...
A total of 10 near misses of $1 billion or more occurred at Citigroup Inc. last year, according to the FT, citing an internal ...
One of America’s biggest banks accidentally transferred more than $80 trillion (£64 trillion) to a customer’s account after a ...
Citigroup (C) mistakenly credited $81 trillion to a customer’s account last year and took hours to reverse the transaction, ...
The White House is eyeing an end to the de minimis import rule. "U.S. consumers could face larger consequences than meet the ...
The bank temporarily credited a customer’s account with trillions of dollars, adding to scrutiny of risk management systems ...
Citigroup’s employees accidentally credited $81 trillion into a customer’s account instead of $280. This error was later ...
Citigroup, one of the largest global banks, made a major operational error last year and accidentally transferred $81 ...
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 ...
A major Wall Street bank made a colossal error in 2024, when a customer whose account was due a credit of 280 bucks was ...