Citigroup mistakenly credited a customer’s account with $81 trillion instead of $280 last April, but the error was caught and reversed within 90 minutes. The incident was reported as a “near miss” to regulators, highlighting the bank’s ongoing efforts to improve operational processes. Citi has experienced multiple near misses in recent years, including a $900 million error that led to the departure of former CEO Michael Corbat and ongoing regulatory fines.
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A significant Russian drone and missile attack on Kyiv and surrounding areas has resulted in at least six deaths and multiple injuries, targeting residential areas and infrastructure, including hospitals and metro stations. Ukrainian officials condemned the strikes, with calls for intensified counterattacks, as Russia continues to escalate its offensive amid ongoing global tensions. Need More Context? 🔎
Read moreA fire at a hostel on Lordship Lane in Tottenham, north London, on Saturday, June 21, resulted in the death of a woman after she was taken to the hospital. Firefighters from multiple stations fought the blaze, which destroyed a first-floor flat, and the cause is currently under investigation by the London Fire Brigade. Need More Context? 🔎
Read moreOntario's civil servants have advised the province's new municipal affairs minister that the government's target of building 1.5 million homes by 2031 may fall short of demand, suggesting that up to 2.1 million new homes are needed to enhance affordability. This recommendation comes as part of ongoing discussions on addressing housing challenges in the region. Need More Context? 🔎
Read moreLake Tahoe Boat Capsizing IncidentSix people died and two are missing after a boat capsized on Lake Tahoe due to fierce winds and 8ft waves. The El Dorado County Sheriff's Office reported two survivors hospitalized for injuries, while the search for additional victims continues near DL Bliss State Park, where conditions worsened rapidly, dropping temperatures near freezing. Need More Context? 🔎
Read moreAorere College in Papatoetoe, South Auckland, went into lockdown today due to an altercation between two family groups on school grounds, prompting police involvement. The school assured that students were safe at all times during the incident, which was treated as a precautionary measure. Need More Context? 🔎
Read moreGoals from Haaland, Gundogan and new signing Cherki help Man City enter the tournament’s knockout stage.Manchester City defeated Al Ain 6-0, with Ilkay Gundogan scoring twice and goals from Erling Haaland and new signing Rayan Cherki, securing their spot in the Club World Cup knockout stage. They now face Juventus in their final group match to determine group leaders, while City aims to improve after a disappointing season. Need More Context? 🔎
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