Instead of $280, Citigroup accidentally credited a customer with $81 trillion. Imagine waking up, checking your bank balance, ...
The near-miss in Citigroup's wealth-management business magnified the intended amount by more than a thousand times and was ...
Citigroup nearly transferred $6 billion to a customer by mistake due to a copy-paste error, shortly after another error of ...
Citigroup nearly transferred $6 billion to a customer due to a copy-paste mistake. A staffer accidentally entered an account ...
(CNN) – Citigroup made a costly error before reversing course. The bank accidentally credited a customer’s account with $81 ...
Citigroup's $81 trillion mistake sparks concerns over operational controls and regulatory oversight, prompting investments in upgrades.
The near-error occurred after a staffer handling the transfer copied and pasted the account number into a field for the dollar figure, the report added.
The near-error occurred after a staffer handling the transfer copied and pasted the account number into a field for the dollar figure, which was detected on the next business day.
The financial mistake was corrected after it was caused by what a company spokesperson called an “inputting error." ...
The US bank almost credited the unsuspecting customer with $81 trillion, yes, trillion, with the transaction even skipping ...
Citigroup intended to send $280 to a customer account, but instead credited the account with $81 trillion, the Financial ...