In a massive human error, American multinational investment bank and financial services company Citigroup Inc. mistakenly ...
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 ...
Last year, an employee at Citigroup accidentally initiated a fund transfer to a customer’s account that would have made them ...
Citibank mistakenly transferred $81 trillion (over Rs 7,000 lakh crore) to a client instead of $280 (approximately Rs 24,500) in April last year, Financial Times reported. The error was corrected ...
A customer of Citigroup was given a big surprise after it had mistakenly transferred $81 trillion dollars into the customer's ...
An employee caught the mistake quickly, but the bank has recently made other errors that have drawn scrutiny and fines from ...
It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead ...
Citigroup's $81 trillion mistake sparks concerns over operational controls and regulatory oversight, prompting investments in ...
A Citigroup client’s account briefly held more than 80% of the world’s money!An employee at the American investment bank ...
The customer was only meant to receive $280, but Citi instead credited their account with $81 trillion last April — which not ...