No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the ...
Fraser spent her teenage years in Australia and has 2 master's degrees, from Cambridge and Harvard; her Cuban-born husband ...
Citigroup made a costly error but quickly reversed course after accidentally crediting a customer’s account with $81 trillion ...
Citigroup credited $81 trillion to a customer’s account, instead of just $280, and took hours to reverse the transaction — an ...
Citi's current strategy might certainly boost its profitability and claw back the valuation gap to its peers. Click here to ...
Citigroup mistakenly credited a customer’s account $81 trillion last April instead of the intended $280. The error went ...
The customer was only meant to receive $280, but Citi instead credited their account with $81 trillion last April — which not ...
The bank’s U-turn came fast. On Thursday, Chief Executive Officer Jane Fraser announced she was ending the diversity, equity ...
Citigroup (NYSE:C) erroneously credited a client's account with $81T in what should have been a $280 transaction, a mistake ...
The bank said it “promptly identified and corrected this inputting error” but it came the same month as $US81 billion was ...
An employee caught the mistake quickly, but the bank has recently made other errors that have drawn scrutiny and fines from ...