Shares of JPMorgan Chase (NYSE: JPM), the largest bank in the U.S. by assets, traded nearly 5% lower as of 10:52 a.m. ET. Shares of Wells Fargo (NYSE: WFC) traded 6.5% lower at that time, while shares ...

Citigroup’s $81 trillion error highlights ongoing struggles to fix operational issues as regulatory pressure on the bank ...

Shares of JPMorgan Chase ( JPM -3.98%), the largest bank in the U.S. by assets, traded nearly 5% lower as of 10:52 a.m. ET.

The near-miss in Citigroup’s wealth-management business magnified the intended amount by more than a thousand times and was ...

Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our evaluations or ratings. Our ...

This week has seen a peculiar case in the banking sector where a clerical error almost transferred $6 billion to wealth ...

Citigroup nearly transferred $6 billion to a customer due to a copy-paste mistake. A staffer accidentally entered an account ...

(CNN) – Citigroup made a costly error before reversing course. The bank accidentally credited a customer’s account with $81 ...

Citigroup's $81 trillion mistake sparks concerns over operational controls and regulatory oversight, prompting investments in upgrades.

The near-error occurred after a staffer handling the transfer copied and pasted the account number into a field for the dollar figure, which was detected on the next business day.

Citigroup Inc. almost shifted about $6 billion to a customer’s account by accident after a staffer handling the transfer ...

Citigroup nearly credited about $6 billion to a customer's account in its wealth-management business by accident, Bloomberg ...