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

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

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

Citigroup accidentally credited an account with $US81 trillion ($130 trillion) instead of $US280 ($450) as it meant to before catching the error, the Financial Times reported.

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

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

US crypto-friendly approach pushes banks into massive exploration as Citibank and State Street set to launch crypto custody ...

Presidents Day is Monday, February 17, and is considered a federal holiday, meaning some stores and services will close.

Presidents Day, set for Monday, 17 February 2025, is a federal holiday in the United States, leading to widespread closures ...

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