A Bank staff who accidentally put billions of dollars into a wrong account have confessed it was an error.
A bank staff nearly committed suicide after he realized he had mistakenly lodged $6 Billion in the wrong account. The employee at Deutsche Bank, freaked out after realizing the error. 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. The incident happened in the bank’s London branch.
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.