Citigroup credited a client’s account with $81tn when it meant to send only $280, an error that could hinder the bank’s ...

Plus, BP goes back to basics amid Elliott’s pressure campaign and ex-Barclays chief Jes Staley wants to clear his name ...

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

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

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

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

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 credited $81 trillion to a customer’s account, instead of just $280, and took hours to reverse the transaction — an ...

JPMorgan Chase has said it will set aside $50bn to lend to risky companies backed by private equity firms as it revs up its ...

No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the ...

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

The customer was only meant to receive $280, but Citi instead credited their account with $81 trillion last April — which not ...