Wake up in the morning and find themselves on the bill 81 thousand billion

Wake up in the morning and find tens of thousand of billions on the bank? It seems impossible yet it happened. Citigroup has accredited by error 81,000 billion dollars, instead of 280on the account of a customer and for several hours he was unable to cancel the operation. This is what the Financial Times reports.

The “almost accident” has highlighted the operational problems of the American banking giant, which in recent months tries to convince the regulatory entities of having solved these difficulties, as highlighted the British newspaper. According to the FT, the erroneous transfer of money took place last April and was ignored both by an employee of payments and by a second banking official in charge of checking the transaction before the processing was authorized the following day. A third employee then found the error an hour and a half after the registration of the payment, which was canceled several hours later.

But in the meantime, Citigroup He found himself dry of funds and communicated the “almost accident” to the Federal Reserve And to the offroller of the Currency, the federal agency in charge of regulating and supervising the national banks and branches of foreign banks present in the United States. The American bank has made it known that its “investigative checks” promptly identified the error and that it canceled the operation, adding that this error did not have repercussions on the bank or customer.

But according to what reported by the FT, Last year there were 10 accidents touched at Citi for a billion value and beyond each. A figure slightly less than 13 billion of the previous year. The numerous cases of “almost accidents”, writes the British newspaper, highlight how the American bank still has difficulty solving the operational problems that have already emerged for five years, when 900 million dollars were sent to creditors engaged in a thorny debt battle with the Revlon cosmetic group.