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How Citi Made (and Fixed) an $81 Trillion Mistake

by Starling Insights

Observations

Mar 04, 2025

Last year, Citigroup mistakenly credited a client's account with $81 trillion instead of $280, an error that briefly went unnoticed before being caught 90 minutes later, as reported by The New York Times.

The 2024 Compendium is available June 11th!

Now in its 7th year, Starling's Compendium features over 40 contributors from across the industry as well as detailed analysis of the latest trends in culture & conduct risk supervision.

Fading Crises and Shifting Supervisory Priorities

by Starling Insights

Observations

Nov 08, 2024

In a recent speech, Elizabeth McCaul, a Member of the Supervisory Board of the European Central Bank (ECB), discussed the shifting priorities in EU banking regulation, reflecting on the post-crisis regulatory climate.