Automatic systems prevented error, at least two employees missed, the third was noticed only 90 minutes later. Citigroup admitted that it had more than $ 1 billion more than $ 1 billion last year – it is not necessary to inform the regulatory authorities about them.
This is not the first big Citigroup error. In 2022, a trade error destroyed the stock cost of 322 billion dollars, which led to a fine of $ 79 million.
Source: Ferra
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
