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Citi Reverses $81 Trillion Account MistakeCitigroup made a costly error but quickly reversed course after accidentally crediting a customer’s account with $81 trillion ...
RBC Capital Markets Global Financial Institutions Conference March 4, 2025 1:20 PM ETCompany ParticipantsMark Mason ...
Citigroup’s $81 trillion error highlights ongoing struggles to fix operational issues as regulatory pressure on the bank ...
The near-miss in Citigroup’s wealth-management business magnified the intended amount by more than a thousand times and was ...
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ABP News on MSN2d
Citigroup's Copy-Paste Error Almost Resulted In $6 Billion Transfer; Here's What HappenedCitigroup nearly transferred about $6 billion to a customer's account by mistake after an employee accidentally copied and ...
This week has seen a peculiar case in the banking sector where a clerical error almost transferred $6 billion to wealth ...
Citigroup nearly transferred $6 billion to a customer by mistake due to a copy-paste error, shortly after another error of ...
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Citi's $81 Trillion Mistake Flagged as ‘Near Miss,’ Raises Risk Control ConcernsCitigroup mistakenly credited a customer’s account $81 trillion last April instead of the intended $280. The error went ...
Zacks Investment Research on MSN3d
Citigroup Incorrectly Credits $81T in Client's Account in "Near Miss"Citigroup, Inc. C accidentally credited a client’s account with $81 trillion when it was supposed to credit only $280. This ...
CEO Wendy Cai-Lee says Piermont Bank says she just wanted to find the best directors—and ended up with seven women.
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