Deutsche Bank mistakenly transferred $24 billion in 2014

FRANKFURT (Reuters) - Deutsche Bank erroneously transferred 21 billion euros ($24.62 billion) to Macquarie 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.
($1 = 0.8530 euros)
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($1 = 109.1500 yen)
(Reporting by Hans Seidenstuecker; Writing by Tom Sims; Editing by Elaine Hardcastle)
Disclaimer: No Business Standard Journalist was involved in creation of this content
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First Published: May 24 2018 | 9:22 PM IST
