Citigroup's fat-finger blunders may not be over.
The Wall Street bank accidentally credited a client's account with $81 trillion instead of $280, the Financial Times reported on Friday. This followe… [+2687 chars]
Citi's Latest Blunder: an $81 Trillion 'Inputting Error' - Business Insider
No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the bank's controls.
By:Reed Alexander, Michelle Abrego, Theron Mohamed
Source:Business Insider
Published:
Related News
Trump sues JPMorgan, Jamie Dimon over cutting off banking access - The Washington Post
President Donald Trump filed suit against JPMorgan Chase and its CEO, Jamie Dimon, saying the bank abruptly closed his accounts.
The Washington Post•Rachel Lerman, Andrew Ackerman
TikTok closes deal to divest U.S. operations - Axios
The deal ends a yearslong saga to force TikTok's Chinese parent ByteDance to sell the company's U.S. operation.
Axios•Sara Fischer, Christine Wang
Capital One acquires Brex for steep discount to its peak valuation, but early believers are laughing all the way to the bank - TechCrunch
Before everyone sharpens their knives, consider that for the VCs who backed Brex at its outset, the sale is a triumph.
TechCrunch•Connie Loizos