Now that’s one costly mistake!
Deutsche Bank, Germany’s biggest lender, has accidentally sent $8.3 billion to a client after a junior employee entered the wrong numbers.
According to Bloomberg News, the $8.3 billion was sent to a U.S. hedge fund client after the junior employee used a “gross figure, rather than a net figure.”
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The funds were recovered one day later, however it is unknown whether the junior banker, whose name has not been released, is still employed at the company.