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In this video we go over the story of Citibank accidentally paying out $900 million and not being able to get it back.
#WallStreetMillenial

By Stock Chat

where the coffee is hot and so is the chat

33 thoughts on “Citibank sent $900 million to wrong person, can’t get it back”
  1. Avataaar/Circle Created with python_avatars SunnyBz says:

    They just failed

  2. Avataaar/Circle Created with python_avatars Tom Faz says:

    Why would you outsource such a strategic procedure and be open to this type of communication error?

  3. Avataaar/Circle Created with python_avatars CyberLA says:

    It’s Citi’s fault for hiring incompetent companies to implement their processes. This will probably happen again!

  4. Avataaar/Circle Created with python_avatars rthelionheart says:

    Finest 'oh crap' moment in history.

  5. Avataaar/Circle Created with python_avatars Akin Williams says:

    Looks like Citi will get most of the money back per a legal judgement… shame, it would have been delicious if the lenders got away with it.

  6. Avataaar/Circle Created with python_avatars Retselisitsoe A0172 says:

    The Scammer on the end of that transfer is genius ….
    We all know Nigerians can pull this one off…..

  7. Avataaar/Circle Created with python_avatars Steven Dale says:

    Blame the Indians SHEEESH

  8. Avataaar/Circle Created with python_avatars A ROIS says:

    If you as a person keep the money you go to jail immediately…

  9. Avataaar/Circle Created with python_avatars TV Viewer says:

    It wasn't a mistake.

  10. Avataaar/Circle Created with python_avatars BlackCotton Production says:

    CITIBANK LA IS A RACIST BANK…

  11. Avataaar/Circle Created with python_avatars Anna N. says:

    I want to know if the citi employee was fired?

  12. Avataaar/Circle Created with python_avatars Biboy Doce says:

    They should have sent the FBI!😂😂😂

  13. Avataaar/Circle Created with python_avatars Just Anoman says:

    Emm… citi haven't lost the money yet right(well, at the time of the incident, I dunno about now, too lazy to look up). Won't this be effectively a loan transfer so that now citi holds the account loan?

  14. Avataaar/Circle Created with python_avatars Red Baran says:

    If the bank fucks up why doesn't the bank get charged? You should get to keep it and the bank should have a loss.

  15. Avataaar/Circle Created with python_avatars Ruth C says:

    I'm betting the workers from India didn't speaka da English very well. Serves Citi right.

  16. Avataaar/Circle Created with python_avatars rev.c.russell says:

    I would argue it would be dependant on terms of the debt issuance. If the terms allowed early repayment, it wouldn't be unjust enrichment or theft (which are very different). If the terms specified that repayment of the debt would not be repaid until 2023 under no circumstances, it would be a bank error and be subject to return.

  17. Avataaar/Circle Created with python_avatars Paul L says:

    I was enjoying this channel and was about to subscbribe – but after this clickbait no thanks. Bye 🙂

  18. Avataaar/Circle Created with python_avatars InMyOpinion says:

    Thank you Wall street Millennial

  19. Avataaar/Circle Created with python_avatars sponsoredathlete says:

    $SRNE to the moooon

  20. Avataaar/Circle Created with python_avatars Howard Sontz says:

    Indian processing firm. Says it all. Inside job. Hello!

  21. Avataaar/Circle Created with python_avatars David Renwick says:

    An organisation that requires six checks is incompetent. It requires two.

  22. Avataaar/Circle Created with python_avatars wachamakolit1 says:

    Disgusting and pathetic 🙄🙄rubbish!

  23. Avataaar/Circle Created with python_avatars tom bruigom says:

    Great channel…Why do I get so many CIBC ads?…They are the worst bank.

  24. Avataaar/Circle Created with python_avatars Gknogo says:

    Make it back with them stonks🤡

  25. Avataaar/Circle Created with python_avatars Kinston & Duck says:

    They were assured through KPMG. How embarassing! lol

  26. Avataaar/Circle Created with python_avatars Tony Stark says:

    That NAFTA Agreement has really fucked some people up.

  27. Avataaar/Circle Created with python_avatars Rob A says:

    They arent the smartest people nowadays at C. Real lightweights compared to GS/MS/JPM

  28. Avataaar/Circle Created with python_avatars Silver2004Avalhadia says:

    I see second video from this channel with title not precise / exaggerating.
    Mixed feelings.
    How can you make financial videos and later in the vid it turns out the situation is not quite like the title of the vid says.
    The irony…

    Nice videos, but those titles…

  29. Avataaar/Circle Created with python_avatars Ms. Monique Brown says:

    repeated themselves a lot in this video

  30. Avataaar/Circle Created with python_avatars NIck says:

    Imagine wiring to the average joe

  31. Avataaar/Circle Created with python_avatars Kyle DaBandit says:

    I wouldn't give it back either

  32. Avataaar/Circle Created with python_avatars Pete Rembranch says:

    Hands up everyone who feels sorry for Citibank.

  33. Avataaar/Circle Created with python_avatars aditya pathak says:

    Why are you fuckers blaming it on Wipro?
    Its Citi's fault. They wanted to outsource such vital process without monitoring and not having sound Risk Management policies.

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