Citigroup mistakenly credited customer $81 trillion, caught error, no financial fallout.

From Investing.com: 2025-02-28 02:55:57

Citigroup mistakenly credited a customer account with $81 trillion in what was deemed a “near miss” error, according to the Financial Times. The bank caught the mistake and rectified it promptly, avoiding any major financial fallout. The incident highlights the importance of rigorous checks and balances in the banking system.



Read more at Investing.com: Citigroup mistakenly credits customer account with $81 trillion in “near miss”, FT reports