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Citi's $81 Trillion Mistake Flagged as ‘Near Miss,’ Raises Risk Control Concerns
Citigroup mistakenly credited a customer’s account $81 trillion last April instead of the intended $280. The error went unnoticed by two employees but was caught 90 minutes later, reversed within ...
Citi Copy-Paste Error Almost Sent $6 Billion to Wealth Account
Citigroup Inc. almost shifted about $6 billion to a customer’s account by accident after a staffer handling the transfer ...
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Citigroup Incorrectly Credits $81T in Client's Account in "Near Miss"
Citigroup, Inc. C accidentally credited a client’s account with $81 trillion when it was supposed to credit only $280. This ...
This bank’s board is 78% female—but don’t credit DEI
CEO Wendy Cai-Lee says Piermont Bank says she just wanted to find the best directors—and ended up with seven women.
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Citigroup Mistakenly Transfers $81 Trillion Instead of $280 to Client in Major Banking Error
Citigroup has mistakenly credited a client with $81trn instead of $280, exposing serious lapses in its internal transaction ...
8 powerful women CEOs running Fortune 500 companies
In 2024, only one in 10 CEOs of Fortune 500 countries were women. March is Women’s History Month, and the business world ...