Citigroup’s $81 trillion mistake is a warning ‘that operational risk is still a ticking time bomb in banking,’ expert says
It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead ...
Citi's Consumer and Retail M&A Head Finkelstein to Leave Bank, Sources Say
NEW YORK (Reuters) - David Finkelstein, a veteran investment banker who currently heads Citigroup's global consumer and ...
Why Bank Stocks JPMorgan Chase, Wells Fargo, and Citigroup Are Getting Slammed Today
Shares of JPMorgan Chase ( JPM -3.98%), the largest bank in the U.S. by assets, traded nearly 5% lower as of 10:52 a.m. ET.
Citigroup Erroneously Credits $81 Trillion To Customer’s Account, Highlighting Years Of Operational Failures
Citigroup’s $81 trillion error highlights ongoing struggles to fix operational issues as regulatory pressure on the bank ...
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 ...
Citigroup Makes (and Then Fixes) an $81 Trillion Mistake
The bank temporarily credited a customer’s account with trillions of dollars, adding to scrutiny of risk management systems ...
Citi UK Private Bank Head Knowland to Depart After 20 Years
Jeremy Knowland, the head of Citigroup Inc.’s private bank in the UK, is leaving the Wall Street giant after about two decades, the latest in a series of leadership changes for its wealth business.
Citi mistakenly credits $81 trillion to customer’s bank account
(CNN) – Citigroup made a costly error before reversing course. The bank accidentally credited a customer’s account with $81 ...
The Independent3d
Bank error in your favor: Citigroup admits it mistakenly credited a customer $81 trillion - instead of $280.00
A banking customer was mistakenly credited $81 trillion in their account when it was supposed to be just $280 - with one zero. Citigroup made the payment in April and it was initially missed by ...
Fox 132d
Citibank makes an $81 trillion error. What we know
The financial mistake was corrected after it was caused by what a company spokesperson called an “inputting error." ...
Citigroup almost sent $6 billion to wealth account in copy-paste error, Bloomberg reports
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.
Citi’s UK Private Bank Head Knowland to Depart After 20 Years
Jeremy Knowland, the head of Citigroup Inc.’s private bank in the UK, is leaving the Wall Street giant after about two decades, the latest in a series of leadership changes for its wealth business.