A routine $280 payment into a customer’s account at Citigroup spiraled into an $81 trillion mistake last April, highlighting ...

A routine banking transaction at Citigroup last April turned into a major blunder when the bank mistakenly credited $81 trillion to a customer's account instead of US$280 ...

An erroneous transfer from Citigroup resulted in a bank customer receiving a credit alert of $81trn (over N177 quadrillion), ...

Citigroup has mistakenly credited a client with $81trn instead of $280, exposing serious lapses in its internal transaction ...

Citigroup erroneously credited $81 trillion, instead of $280, to a customer’s account and took hours to reverse the ...

Citi's snafu stemmed from a system blockage of payments that ... under a 2020 order by the regulators to address poor risk management. In October 2020, the OCC fined Citigroup $400 million for ...

Two co-workers even approved the astronomical sum – more than 20 times the UK’s GDP – before it was sent to the client’s ...

Citigroup mistakenly credited a customer's account $81 trillion instead of $280 in April 2024, and multiple employees missed ...

Citigroup’s employees accidentally credited $81 trillion into a customer’s account instead of $280. This error was later ...

Citigroup accidentally credited an account with $81 trillion instead of $280 as it meant to before catching the error, the ...

A third employee caught the error one-and-a-half hours after the payment was processed and the transaction was ultimately ...

Citigroup credited $81 trillion to a customer’s account, instead of just $280, and took hours to reverse the transaction — an ...