NPR

$5 Billion Error Made By Bank Once Derided As 'Germany's Dumbest'

It's not the first stumble for state-owned KfW, which mistakenly sent hundreds of millions of dollars to Lehman Brothers on the day it went bankrupt.
Large German bank KfW says it quickly recovered money it had mistakenly sent to four other banks. Here, one of its Berlin offices is seen in a 2015 photo.

One of Germany's largest banks mistakenly sent more than $5 billion to other banks, according to German media. It's not the first stumble for state-owned development bank KfW,

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