An employee caught the mistake quickly, but the bank has recently made other errors that have drawn scrutiny and fines from ...
No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the ...
One of America’s biggest banks accidentally transferred more than $80 trillion (£64 trillion) to a customer’s account after a ...
Citigroup (C) mistakenly credited $81 trillion to a customer’s account last year and took hours to reverse the transaction, ...
Citi's current strategy might certainly boost its profitability and claw back the valuation gap to its peers. Click here to ...
Fraser spent her teenage years in Australia and has 2 master's degrees, from Cambridge and Harvard; her Cuban-born husband ...
The bank temporarily credited a customer’s account with trillions of dollars, adding to scrutiny of risk management systems ...
Citigroup (NYSE:C) just pulled off one of the biggest near-misses in banking historyaccidentally crediting a client's account ...
The customer was only meant to receive $280, but Citi instead credited their account with $81 trillion last April — which not ...
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 ...