Citi’s $81 trillion mixup underscores the risks of manual processes
Top accounting talent remains essential in the financial services industry. And a "near miss" that almost cost Citigroup ...
A $280 transfer turns into $81 trillion because of bank error
The Financial Times reports Citigroup was supposed to credit a client’s account with a $280 transfer. Somehow it turned into ...
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 ...
One Of America’s Biggest Banks Almost Accidentally Deposited $81 Trillion In A Customer’s Account
It's only natural banks are going to make some mistakes given the number of transactions they handle on a daily basis.
Citi bungle briefly credits client’s account with $81 trillion — instead of $280
Citigroup credited $81 trillion to a customer’s account, instead of just $280, and took hours to reverse the transaction — an ...
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Citibank makes an $81 trillion error. What we know
The financial mistake was corrected after it was caused by what a company spokesperson called an “inputting error." ...
Citigroup mistakenly credits customer account $81 trillion in "near miss", FT reports
Citigroup erroneously credited $81 trillion, instead of $280, to a customer's account and took hours to reverse the ...
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 ...
Bank accidentally credits customer with $81 trillion instead of $280
One of America’s biggest banks accidentally transferred more than $80 trillion (£64 trillion) to a customer’s account after a ...
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 ...
Citi mistakenly credits $81 trillion to customer’s bank account
(CNN) – Citigroup made a costly error before reversing course. The bank accidentally credited a customer’s account with $81 ...
Citi's latest blunder: an $81 trillion 'inputting error'
No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the ...