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Citigroup Averted \$81 Trillion Transfer Error
A Citigroup employee almost transferred \$81 trillion to a client account in April 2024 due to a pre-filled amount field on a rarely-used backup screen; the error was identified and reversed within 90 minutes, but it highlights systemic operational issues and the bank's history of similar incidents.
Citigroup Averted \$81 Trillion Transfer Error
A Citigroup employee almost transferred \$81 trillion to a client account in April 2024 due to a pre-filled amount field on a rarely-used backup screen; the error was identified and reversed within 90 minutes, but it highlights systemic operational issues and the bank's history of similar incidents.
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