A routine bank transfer took an unimaginable turn when a Citigroup client saw his balance skyrocket to $81 trillion. The ...

The lawmaker could not have foreseen the ensuing weeks of headlines as his placeholder bill began to attract media attention.

Citigroup’s $81 trillion error highlights ongoing struggles to fix operational issues as regulatory pressure on the bank ...

Shares of JPMorgan Chase ( JPM -3.98%), the largest bank in the U.S. by assets, traded nearly 5% lower as of 10:52 a.m. ET.

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 ...