[unable to retrieve full-text content]Citigroup credited a client’s account with tn when it meant to send only 0, an error that could hinder the bank’s attempt to persuade regulators that it has fixed long-standing operational issues. Yes, that is 81 trillion U.S. Dollars, which about says it all. The good news for Citi is that–this time–they managed to get […] The post Time for A Few Small Repairs? appeared first on Angry Bear.
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Ken Houghton considers the following as important: Banking, Hot Topics, internal controls, macroprudential, risk management, US EConomics
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Citigroup credited a client’s account with $81tn when it meant to send only $280, an error that could hinder the bank’s attempt to persuade regulators that it has fixed long-standing operational issues. Yes, that is 81 trillion U.S. Dollars, which about says it all. The good news for Citi is that–this time–they managed to get […]
The post Time for A Few Small Repairs? appeared first on Angry Bear.