Скачать или смотреть Citibank $900M Wire Mistake Explained | A Breakdown In Internal Control

In August of 2020, A Citibank contractor, rather than sending the periodic interest payment of $8M to the lenders, he/she wired $900 million or almost the entire balance of the loan by accident. Citibank then sent a note to the wire recipient , the lenders in this case, saying, oops, sorry about that, please send us the money back. Some of them complied and returned the money.

My Best-Selling Products:

Get My “Night Before the Accounting Interview Guide” including All Levels Q&A:
https://thefincontroller.com/p/the-ni...

📈 Get $25 off MY ONLINE COURSE ON FINANCIAL METRICS
https://thefincontroller.com/p/learn-...
Use Coupon Code: Save25
-------------------------------------------------------------------
My Recommended Products (I will only share what I love ❤ here)

⚪️ 🧠 Roger CPA Review Course (get 50% off): https://www.uworld.com/productreferra...
⚪️ 📚 Learning//SkillShare (get 2 weeks free): https://www.skillshare.com/r/profile/...

My Recommended Finance & Accounting Books 📚+🧠=💥

⚪️ Auditing: https://amzn.to/361wJhZ
⚪️ Forensic Accounting: https://amzn.to/2G6t9bo
⚪️ Introduction to Finance: https://amzn.to/2ExgUEA
⚪️ Introduction to Managerial Accounting: https://amzn.to/33SEyE4

---------------------------------------------------------------------
Hang Out with me on social media:
📱  / thefinancialcontroller  
🙋🏼‍♂️https://www.facebook.com/groups/78073...
📸   / the_financial_controller  


DISCLAIMER: Links included in this description might be affiliate links. If you happen to purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!
All views expressed on my channel are mine alone. Not intended as financial or professional advice.