NEW YORK, May 11 (Reuters) - "Fat finger" has company. Sign up here. The initial theory that an errant trader caused Thursday's mysterious stock market plunge isn't the only dubious hypothesis ...

Call it the $78 million typo. That is how much Citigroup agreed to pay U.K. regulators for a trader’s fat finger when typing in an order to sell shares, an episode that caused a brief “flash ...

UK regulators fined Citigroup 61.6 million pounds ($78.5 million) for controls failings in its trading operations, one of the biggest sanctions for systems breaches, which in one case saw the Wall ...

UK regulators slapped a combined £62 million ($79 million) fine on Citigroup Wednesday for failures in its trading systems that almost resulted in stocks worth $189 billion being dumped onto ...

A trading mistake at Citigroup in 2022 has led to a $78 million fine against the bank. The "fat-finger" trade caused a brief flash crash in European stocks in May 2022. The brief flash crash ...

In 2018, Samsung Securities made a fat-finger mistake when instead of paying its employees 1,000 Korean won ($0.72) per share in dividends, it mistakenly paid them 1,000 Samsung Securities shares ...

One of the US’s biggest banks accidentally transferred more than $80 trillion (£64 trillion) to a customer’s account in a ‘fat finger’ mistake. The employee at Citigroup had meant to ...

Citigroup's fat-finger blunders may not be over. The Wall Street bank accidentally credited a client's account with $81 trillion instead of $280, the Financial Times reported on Friday.

Citigroup fined $79M by UK regulators over ‘fat-finger’ failures that caused sudden fall in stocks By Reuters Published May 22, 2024, 2:20 p.m. ET ...

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