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Citi accidentally credits client account with $81 trillion

Hosted on MSN · 1h

Citi bungle briefly credits client’s account with $81 trillion — instead of $280

Citigroup credited $81 trillion to a customer’s account, instead of just $280, and took hours to reverse the transaction — an embarrassing “near miss” for a bank that has struggled to fix operational issues.

East Bay Times · 2h

Citi accidentally credits client account with $81 trillion: FT

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 mistakenly credited a customer account with $81 trillion

Citigroup erroneously credited $81 trillion, instead of $280, to a customer’s account and took hours to reverse the transaction, a “near miss” that shows up the bank’s operational issues it has sought to fix,

3h

Citi's latest blunder: $81 trillion misfire

No money left the bank, but the "inputting error" comes as CEO Jane Fraser seeks to convince regulators she is fixing the ...

1h

Citi's $81 Trillion Blunder Sparks New Questions Over Risk Controls

Citi's $81T transfer blunder sparks fresh regulatory concerns as the bank works to prove its risk controls have improved ...

3h

One Of America’s Biggest Banks Almost Accidentally Deposited $81 Trillion In A Customer’s Account

It's only natural banks are going to make some mistakes given the number of transactions they handle on a daily basis.

newsbytesapp.com6h

Instead of $280, Citigroup accidentally sent $81T to client account

Citigroup, one of the largest global banks, made a major operational error last year and accidentally transferred $81 ...

12hon MSN

Citi employee's typo leads to an $81 trillion transaction error

Citigroup accidentally credited $81 trillion to a customer's account instead of $280, later reversing the transaction. The ...

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