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

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

The payment was initially overlooked by two employees before a third employee caught it. Citi later reported the incident as ...

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

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

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 ...

A customer of Citigroup was given a big surprise after it had mistakenly transferred $81 trillion dollars into the customer's ...

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

One of America’s biggest banks accidentally transferred more than $80 trillion (£64 trillion) to a customer’s account after a ...

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