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 ...
The selloff in U.S. stocks has deepened amid tariff and recession fears. Markets are trading near multi-month lows, and there ...
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 (C) mistakenly credited $81 trillion to a customer’s account last year and took hours to reverse the transaction, ...
Citigroup (NYSE:C) erroneously credited a client's account with $81T in what should have been a $280 transaction, a mistake ...
Citigroup mistakenly credited a customer’s account $81 trillion last April instead of the intended $280. The error went ...
The near-miss in Citigroup's wealth-management business magnified the intended amount by more than a thousand times and was ...
An employee caught the mistake quickly, but the bank has recently made other errors that have drawn scrutiny and fines from ...