Once caught, it took the bank several hours to reverse the erroneous transaction, which occurred in April 2024 ...

A customer of Citigroup was given a big surprise after it had mistakenly transferred $81 trillion dollars into the customer's ...

It's only natural banks are going to make some mistakes given the number of transactions they handle on a daily basis.

Last year, an employee at Citigroup accidentally initiated a fund transfer to a customer’s account that would have made them ...

Citigroup accidentally credited an account with $US81 trillion ($130 trillion) instead of $US280 ($450) as it meant to before ...

Citibank mistakenly transferred $81 trillion (over ₹7,000 lakh crore) to a client instead of $280 (nearly ₹24,500) in April ...

Through the creation of a dizzying array of regulatory agencies and appointments of favorable personnel, big business ...

In an apparent departure from decades of jurisprudence acknowledging the exemption of wire transfers from the ambit of the Electronic Funds ...

Banks generate revenues from a number of different avenues. Lending, financing, investment banking, and mortgages are just ...

Citibank accidentally transferred $81 trillion due to an input error, but the transaction was swiftly reversed without any ...