💸 Stat of the Day: At least your last mistake at work didn’t almost cost the company 13 figures. Citigroup credited a client’s account with $81 trillion when it meant to send only $280, an error that could hinder the bank’s attempt to persuade regulators that it has fixed longstanding operational issues, the Financial Times reports.

The erroneous internal transfer, which occurred last April and has not been previously reported, was missed by both a payments employee and a second official assigned to check the transaction. However, a third employee detected a problem with the bank’s account balances, catching the payment 90 minutes after it was posted, per the FT. It was reversed several hours later.

The transaction was one of Citibank’s ten reported “near misses” – which occur when a bank processes the wrong amount but is able to recover the funds – north of $1 billion last year.

🤔 Did You Know? Gorillas fart almost nonstop due to their diets: ~45 lbs/day of fiber-rich nettles, wild celery, and other vegetation

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