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.

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

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,

ALBAWABA - In a startling banking error, Citigroup mistakenly transferred $81 trillion into a customer's account instead of the intended $280, according

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.

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.