The bank temporarily credited a customer’s account with trillions of dollars, adding to scrutiny of risk management systems after a series of errors.

Citigroup accidentally moved to transfer $81 trillion to a customer. Yes, trillion. A bank employee mistakenly entered the absurdly high figure last year while trying to manually input a transfer to a client’s escrow account,

Citigroup reported the "near miss" to the Federal Reserve and the Office of the Comptroller of the Currency, according to the Financial Times.

Last year, an employee at Citigroup accidentally initiated a fund transfer to a customer’s account that would have made them the wealthiest person in the history of human existence. The incident, which took place last April,

A customer of Citigroup was given a big surprise after it had mistakenly transferred $81 trillion dollars into the customer's

The customer was only meant to receive $280, but Citi instead credited their account with $81 trillion last April — which not only dramatically exceeds Citigroup’s market valuation of $150 billion, according to The New York Times,

A total of 10 near misses of $1 billion or more occurred at Citigroup Inc. last year, according to the FT, citing an internal report.

Citigroup accidentally credited an account with $81 trillion instead of $280 as it meant to before catching the error, the Financial Times reported.

Citigroup Inc. erroneously credited $81 trillion to a customer’s account instead of $280 last April before reversing the transaction hours later, according to the Financial Times. The bank called it a "near miss.

Once caught, it took the bank several hours to reverse the erroneous transaction, which occurred in April 2024