They mistakenly distributed a total of £130m to their clients.

It was a special Christmas surprise for customers of the British branch of Spain’s Banco Santander: on December 25, a total of £130m was mistakenly transferred to 2,000 retail and corporate accounts, he wrote. CNN. The financial institution attributed the extraordinary error to a technical error.

While the amount may sound large, it’s far from the $894 million (or roughly $291 billion) that Citibank raised in 2020 when it transferred that amount to Revlon’s creditors. The bank wanted to send $8 million, but the recipients were willing to return only $390 million. Citibank sued for the remaining half of the billion, but this failed.

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