Citigroup’s $81 trillion mistake is a warning ‘that operational risk is still a ticking time bomb in banking,’ expert says

It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead of $280.

Feb 28, 2025 - 20:11
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Citigroup’s $81 trillion mistake is a warning ‘that operational risk is still a ticking time bomb in banking,’ expert says
It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead of $280. Read More