Citigroup's $81 trillion mistake is a warning sign 'that operational risk is still a ticking time bomb in banking,' expert says
- Posted on February 28, 2025
- By Fortune
- 1 Views
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Citigroup's $81 trillion mistake is a warning sign 'that operational risk is still a ticking time bomb in banking,' expert says
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It took three employees and several hours for Citigroup to realize it credited a consumer account with $81 trillion instead of $280.