BREAKING NEWS
This content is not available in your region

Deutsche Bank mistakenly transferred $24 billion in 2014

Deutsche Bank mistakenly transferred $24 billion in 2014
Text size Aa Aa

FRANKFURT (Reuters) – Deutsche Bank <DBKGn.DE> erroneously transferred 21 billion euros ($24.62 billion, 18.44 billion pounds) to Macquarie <MQG.AX> in 2014, a spokesman said on Thursday, the latest such error to come to light.

The transfer was a human error and not related to faulty technology, said a person familiar with the matter. It was corrected within a few hours and didn’t result in any financial damages.

Bloomberg News first reported the mistake.

In March, Deutsche Bank transferred 28 billion euros ($33 billion) instead of 28 billion yen ($257 million) to its own account at the derivative exchange Eurex.

(Reporting by Hans Seidenstuecker; Writing by Tom Sims; Editing by Elaine Hardcastle)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.