A routine bank transfer took an unimaginable turn when a Citigroup client saw his balance skyrocket to $81 trillion. The ...
Many of the largest banks in the U.S. are getting hammered today, as economic concerns over President Donald Trump's tariffs and economic growth continue to impact the broader market. Shares of ...
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 ...
This week has seen a peculiar case in the banking sector where a clerical error almost transferred $6 billion to wealth ...
(CNN) – Citigroup made a costly error before reversing course. The bank accidentally credited a customer’s account with $81 ...
Citigroup's $81 trillion mistake sparks concerns over operational controls and regulatory oversight, prompting investments in upgrades.
Citigroup Inc. almost shifted about $6 billion to a customer’s account by accident after a staffer handling the transfer ...
Citigroup nearly credited about $6 billion to a customer's account in its wealth-management business by accident, Bloomberg ...
The financial mistake was corrected after it was caused by what a company spokesperson called an “inputting error." ...
Citigroup intended to send $280 to a customer account, but instead credited the account with $81 trillion, the Financial ...