Top accounting talent remains essential in the financial services industry. And a "near miss" that almost cost Citigroup ...
A “near miss” that took several hours to reverse has flagged obvious glitches in the bank’s operational practices.
The bank temporarily credited a customer’s account with trillions of dollars, adding to scrutiny of risk management systems ...
The financial mistake was corrected after it was caused by what a company spokesperson called an “inputting error." ...
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 ...
Citigroup erroneously credited $81 trillion, instead of $280, to a customer's account and took hours to reverse the ...
It's only natural banks are going to make some mistakes given the number of transactions they handle on a daily basis.
One of America’s biggest banks accidentally transferred more than $80 trillion (£64 trillion) to a customer’s account after a ...
Citigroup credited $81 trillion to a customer’s account, instead of just $280, and took hours to reverse the transaction — an ...
No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the ...
(CNN) – Citigroup made a costly error before reversing course. The bank accidentally credited a customer’s account with $81 ...
Citigroup Inc. erroneously credited $81 trillion to a customer’s account instead of $280 last April before reversing the ...
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