Citigroup accidentally credited an account with $81 trillion instead of $280 as it meant to before catching the error, the Financial Times reported. The snafu, a "near miss" in banking industry ...
Matthew Brooker is a Bloomberg Opinion columnist covering business and infrastructure. Formerly, he was an editor for Bloomberg News and the South China Morning Post. In the vacated shell of a ...
Citigroup's stock fell along with the market as it sold off. The giant bank fell even harder than the S&P 500 index, with Citigroup shares down about twice as much as the index. The S&P 500 index ...
Citigroup accidentally credited a customer account $81 trillion instead of $280 last April. It took three employees and several hours to realize and correct the error ...
An error almost led to a Citigroup account being credited with $81tn (€77.8tn) - an amount that is about 5 times the total wealth of the UK, which was estimated at ...
Citigroup Inc. nearly transferred about $6 billion to a customer’s account by mistake after an employee inadvertently copied and pasted the account number into the field designated for the ...
Citigroup has reportedly made 10 near misses of $1 billion or more in the last one-year period.(Getty Images via AFP) The US-based multinational investment bank Citigroup's employees accidentally ...
Michael Nagle/Bloomberg via Getty A Citigroup customer may have been surprised to see quite a few extra zeros in their account balance after the bank credited the account $81 trillion instead of $ ...
Citigroup C.N nearly credited about $6 billion to a customer's account in its wealth-management business by accident, Bloomberg News reported on Monday, citing people familiar with the matter ...
March 3 (Reuters) - Citigroup (C.N), opens new tab nearly credited about $6 billion to a customer's account in its wealth-management business by accident, Bloomberg News reported on Monday ...
If you're a weary Londoner, the idea of an eight minute journey from Heathrow to Canary Wharf might sound too good to be true. But it's set to become a reality, with the launch of a flying taxi ...
You might be having a bad day, but you’re probably not doing worse than investment banking company Citigroup, which accidentally transferred roughly three times the United States gross domestic ...