Citi Accidentally Credits Client Account With $81 Trillion

The bank temporarily credited a customer’s account with trillions of dollars, adding to scrutiny of risk management systems ...
No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the ...
It's only natural banks are going to make some mistakes given the number of transactions they handle on a daily basis.
Citi's $81T transfer blunder sparks fresh regulatory concerns as the bank works to prove its risk controls have improved ...
Citigroup Inc. erroneously credited $81 trillion to a customer’s account instead of $280 last April before reversing the ...