×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Sunday
21
Jun 2026
weather symbol
Athens 24°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

FT: Citigroup accidentally deposited a…whopping $81 trillion into a client’s account

The transfer went unnoticed by two employees and was detected by a third employee 90 minutes after it was posted

Newsroom February 28 02:10

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

Citigroup Inc. made a banking blunder of colossal proportions, depositing $81 trillion into a client’s account—instead of the… $280 they were actually owed. The staggering “miscalculation” lasted only a few hours before the bank swiftly reversed the transaction. However, the incident, which seemed straight out of a sci-fi movie, did not go unnoticed, as revealed by the Financial Times.

The transfer slipped past two employees and was finally caught by a third employee 90 minutes after it was processed, according to the report. No funds actually left the bank, and the event was classified as a “near miss” in reports to the Federal Reserve and the Office of the Comptroller of the Currency.

>Related articles

How the 37-year-old Italian woman was killed in Mykonos just before her wedding: The fatal turn and violent collision

Axios: White House divided over Iran deal as CIA raises concerns

US and Iran agree to end the war: What the deal means for the Strait of Hormuz, sanctions and nuclear talks – Behind the timing of the announcement

“Even though a payment of this magnitude could never have actually been executed, our monitoring controls immediately detected the input error between two internal Citi ledger accounts, and we reversed the entry,” a Citigroup spokesperson said in an email response. “Our preventive controls would also have blocked any funds from leaving the bank.”

The incident had no impact on the bank or its client, the spokesperson added.

A total of 10 near-miss incidents involving $1 billion or more occurred at Citi last year, according to the FT, citing an internal report. Although this marks a decrease from 13 cases the previous year, the report noted that near misses exceeding $1 billion were considered rare across the entire U.S. banking sector.

Ask me anything

Explore related questions

#accident#bank#Citigroup#client#currency#financial times#FT#US
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Major wildfire rages through forest area in Evia: Mesochoria & Raptaioi evacuated as 120 firefighters & 15 aircraft battle blaze

June 20, 2026

Tulsi Gabbard releases evidence that Fauci Allegedly lied to Congress about Covid (doc-video)

June 20, 2026

Shock in Germany: Three-month-old baby abducted & killed after mother left pram outside while carrying shopping upstairs

June 20, 2026

Seven immediate support measures for citizens: From €150 per child to 72-instalment debt repayment plans

June 20, 2026

Fishermen across Greece declare “war” on invasive silver-cheeked toadfish as nationwide fishing competition begins

June 20, 2026

Chania disappearance mystery: How Police arrested 43-year-old North Macedonian tenant in Stavroula Leventaki case – New evidence emerges

June 20, 2026

Switzerland at the center of US–Iran diplomatic drama as Israel–Hezbollah ceasefire revives nuclear talks prospects

June 20, 2026

Greece cracks down on foreign-plated cars with heavy fines and possible seizure

June 19, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα