Citigroup mistakenly credited $81 trillion to a customer’s account instead of $280 before reversing the transaction hours ...

It has the highest number of billionaires of any city in the world and is home to many of the largest multinational ...

Two co-workers even approved the astronomical sum – more than 20 times the UK’s GDP – before it was sent to the client’s ...

JPMorgan Chase (JPM 2.16%) is a financial services powerhouse. Its product offering ranges from basic checking and savings ...

Citigroup mistakenly credited a customer's account $81 trillion instead of $280 in April 2024, and multiple employees missed ...

In a surprising turn of events, one of the largest banks in the world, Citigroup, made a massive financial mistake. Instead ...

Ugly shoes had a good 2023 and an even better 2024. Yet after a blistering run, they appear to be losing their stride. Shares ...

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

The Financial Times has reported that US bank Citigroup transferred 81 trillion dollars by mistake last year, but the money was stopped from leaving the bank.

Citigroup erroneously credited $81 trillion, instead of $280, to a customer’s account and took hours to reverse the ...

Last year, an employee at Citigroup accidentally initiated a fund transfer to a customer’s account that would have made them ...