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 addressed long-standing operational issues, and this incident may undermine those efforts.Read Entire Article

Mar 2, 2025 - 08:30
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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 addressed long-standing operational issues, and this incident may undermine those efforts.

Read Entire Article