An employee caught the mistake quickly, but the bank has recently made other errors that have drawn scrutiny and fines from ...

No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the ...

Citigroup (C) mistakenly credited $81 trillion to a customer’s account last year and took hours to reverse the transaction, ...

Citi's current strategy might certainly boost its profitability and claw back the valuation gap to its peers. Click here to ...

Fraser spent her teenage years in Australia and has 2 master's degrees, from Cambridge and Harvard; her Cuban-born husband ...

Citigroup mistakenly credited a customer's account with $81 trillion last year when it meant to send just $280. The payment, ...

Citigroup credited $81 trillion to a customer’s account, instead of just $280, and took hours to reverse the transaction — an ...

This monumental mistake, previously unreported, has come to light at a critical time for Citigroup. The bank is currently striving to convince regulators that it has ...

Citigroup recently became the latest company to walk back its diversity, equity and inclusion initiatives due to political ...

The bank temporarily credited a customer’s account with trillions of dollars, adding to scrutiny of risk management systems ...

Citigroup (C) erroneously credited a client's account with $81T in what should have been a $280 transaction, a mistake that ...