
Wealthy & Healthy 🍊📈₿
February 28, 2025 at 11:03 AM
https://www.reuters.com/business/finance/citigroup-mistakenly-credits-customer-account-with-81-trillion-near-miss-ft-2025-02-28/
Citigroup mistakenly credits customer account $81 trillion in "near miss", FT reports
Feb 28 (Reuters) - Citigroup (C.N), opens new tab erroneously credited $81 trillion, instead of $280, to a customer's account and took hours to reverse the transaction, a "near miss" that shows up the bank's operational issues it has sought to fix, the Financial Times reported on Friday.
The error, which occurred last April, was missed by a payments employee and a second official assigned to check the transaction before it was cleared to be processed the next day, FT said, citing an internal account and two people familiar with the event.