Citigroup credited $81 trillion to a customer’s account, instead of just $280, and took hours to reverse the transaction — an ...
Dipendra Malhotra, former head of analytics, AI and data at Morgan Stanley's wealth unit, will help drive technology ...
The bank temporarily credited a customer’s account with trillions of dollars, adding to scrutiny of risk management systems ...
It's only natural banks are going to make some mistakes given the number of transactions they handle on a daily basis.
The financial mistake was corrected after it was caused by what a company spokesperson called an “inputting error." ...
Researchers at Citigroup say that new tariffs on Canada and Mexico are likely to dent economic growth and push the Federal ...
No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the ...
The U.S. government becoming a strategic holder of digital assets would add to the legitimacy of the asset class, the report ...