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 ...

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 ...

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

In 2024, only one in 10 CEOs of Fortune 500 countries were women. March is Women’s History Month, and the business world ...

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

Citigroup has mistakenly credited a client with $81trn instead of $280, exposing serious lapses in its internal transaction ...

Citigroup, Inc. C accidentally credited a client’s account with $81 trillion when it was supposed to credit only $280. This ...