Tag: Citigroup
Citigroup Mistakenly Credits $81 Trillion to Customer Account
Citigroup's $81 Trillion Error: A Costly MistakeLast year, Citigroup made a monumental error that left many scratching their heads in disbelief. A routine transaction that was meant to transfer a modest $280 to a...
Ensuring Compliance: Citigroup, JPMorgan Chase, Goldman Sachs, Bank of America Face Regulatory Scrutiny
Banking regulators recently raised concerns about the resolution plans of four major American lenders. The Federal Reserve and the Federal Deposit Insurance Corp. reviewed the living wills of Citigroup, JPMorgan Chase, Goldman Sachs, and...