Citigroup almost shifted $6 billion to customer’s account
Citi mistakenly credits $81 trillion to customer’s bank account
(CNN) – Citigroup made a costly error before reversing course. The bank accidentally credited a customer’s account with $81 trillion instead of $280. It quickly reversed the transaction within a few hours. CBS News reports this happened last April.
David Finkelstein, a veteran investment banker who heads Citigroup's global consumer and retail mergers and acquisitions unit ...
Top accounting talent remains essential in the financial services industry. And a "near miss" that almost cost Citigroup ...
No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the ...
"The announcement of further plans for the U.S. government potentially to become a strategic holder of digital assets would ...
Citi anticipates an eventual implementation of a 25% copper-specific tariff by the fourth quarter of 2025, following U.S.
India's largest lender, State Bank of India, have a "buy" rating on the stock. A consensus estimate of price targets implies ...
Citi's current strategy might certainly boost its profitability and claw back the valuation gap to its peers. Click here to ...
Also losing a billion dollars is cool, CEO personal conduct, the crypto strategic reserve, State Street vs. BlackRock and structured finance is also cool.
Citigroup upgraded Indian stocks to "overweight" from "neutral" on Monday, citing improving consumer sentiment, further rate ...
(Reuters) - Citi anticipates an eventual implementation of a 25% copper-specific tariff by the fourth quarter of 2025, ...
Citigroup, led by its British group chief executive Jane Fraser, is one of a number of major employers curbing its public support for DEI initiatives. Others include Boeing, Ford and Walmart, which ...
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