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’s $81 trillion mixup underscores the risks of manual processes
Top accounting talent remains essential in the financial services industry. And a "near miss" that almost cost Citigroup ...
Citigroup nearly credited client with $81 trillion instead of $280
This monumental mistake, previously unreported, has come to light at a critical time for Citigroup. The bank is currently striving to convince regulators that it has ...
Citigroup mistakenly credited a customer account with $81 trillion
Citigroup erroneously credited $81 trillion, instead of $280, to a customer’s account and took hours to reverse the transaction, a “near miss” that shows up the bank’s operational issues it has sought ...
New York Post5d
Citi bungle briefly credits client’s account with $81 trillion — instead of $280
“We saw the need to invest more in the transformation on data, on technology, on improving the quality of the information coming out of our regulatory reporting,” Mason said. In 2022, a Citi ...
Yahoo Finance6d
Citigroup mistakenly credited a customer account with $81 trillion in "near miss", FT reports
"We saw the need to invest more in the transformation on data, on technology, on improving the quality of the information coming out of our regulatory reporting," Mason said. Last July, Citi was ...
Citigroup Reiterates “Buy” Rating for Stryker (NYSE:SYK)
Stryker (NYSE:SYK – Get Free Report)‘s stock had its “buy” rating reaffirmed by research analysts at Citigroup in a research report issued on Wednesday, Marketbeat reports. They currently have a $450.
CNN5d
Citigroup mistakenly credited a customer account with $81 trillion
“We saw the need to invest more in the transformation on data, on technology, on improving the quality of the information coming out of our regulatory reporting,” Mason said. Last ...