Citigroup’s $81 Tn Error – A Near Miss | World Business Watch | World News | WION

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Imagine waking up to find 81 trillion dollars in your bank account—sounds unbelievable, right?
But that’s exactly what happened when Citigroup mistakenly credited a client with an astronomical sum instead of just 280 dollars last April.


#citigroup #worldnews #businessnews

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Citi's work culture is ridiculous. No wonder they're more prone to problems

parsecsprinter
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Imagine if they had used one trillion to purchase Citibank...

SMunro
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More like money-laundering through a wealthy oligarch's bank accounts. The made the same "mistake" 4 years ago crediting $900m to the "wrong person".

jpswerve
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Is it worth keeping a couple hundred at Citibank just in case they slip up again? I think it is other Barry.

lorenzapickett
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All I want is a chance to prove that money CANNOT buy happiness.

Alpha-Cheeno
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I'd like to know more about the workaround that the tech team used. You would have to assume that they logged in with administrative privileges to even get a transaction that large to process at all.

jlam
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What they don't tell you is what fees they hit the poor customer with, that the banks refusing to remove. Imagine having your pay check taken before you can cancel direct deposit due to the billions in bank fees this generated?😅

sirxanthor
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“You know one time I was the richest man in the world” 😊

Jurasim