Bank accidentally puts $6 billion into customer’s accountBy Mason White 7:15 PM October 31, 2015
|U.S. dollars illustration|
By: Wayne Morin
(Scroll down for video) An employee at Deutsche Bank, freaked out after realizing that he accidentally deposited an extra $6 billion dollars into a customer’s account.
The $6 billion dollars was given to a hedge fund manager in the United States, officials at the bank said.
The money, which was not spent, was recovered the next day.
According to the investigation, the error occurred when the employee entered a gross number instead of net.
After the employee of the United Kingdom, confessed his mistake, the bank immediately notified the U.S. Federal Reserve, the European Central Bank and the UK Financial Conduct Authority.
The error unfolded in the bank’s London branch.