Another 'near miss': Citigroup mistakenly credited a customer account with $81 trillion
1. Citi mistakenly credited $81 trillion instead of $280 last year. 2. Bank identified error within 90 minutes and reversed the transaction. 3. Citi reported 10 near misses of over $1 billion last year. 4. Regulatory fines and operational errors have plagued the bank's reputation. 5. CEO Jane Fraser emphasizes improving risk management and controls.