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Latest News

Deutsche made €450m provisions for operational risk last year

Deutsche Bank has confirmed it paid out around €450m in relation to share trading fraud last year, according to a report by Reuters.

SWIFT calls on banks to share details of security breaches

SWIFT has sent another communication to all of its users, providing an update on the steps it is taking in light of three major customer security issues which involved customers suffering a breach in their local payment infrastructures.

18 banks attacked by Anonymous

After announcing an attack on the world’s central banks, hacktivist group Anonymous appears to be keeping its promise.

Five banks sued by pension fund for rigging claims

Investors from a Boston pension scheme are suing a group of banks for alleged agency bond rigging.

SWIFT reports new hack against bank

SWIFT (Society for Worldwide Interbank Financial Telecommunication) which supplies secure messaging services and interface software to wholesale financial entities, has issued a notice to all of its customers about a newly identified malware found in one of its “customer environments”.

Congress questions FDIC about data breaches

The US Federal Deposit Insurance Commission (FDIC) has been grilled by members of the US congress about a number of data breaches suffered by the regulator, including two cases of insiders downloading and saving information before leaving the organisation.

ANZ branch forced to close due to protestors

A branch of ANZ bank in Wellington, New Zealand, has had to close for the day due to four individuals who were protesting about climate change climbing their way into the building.

Former Deutsche Bank boss found guilty of insider dealing

A former Deutsche Bank managing director and a former Topshop finance chief have been found guilty of insider trading after a 12-week trial at Southwark Crown Court.

Bangladesh Bank blames SWIFT for hack

Technicians at SWIFT left Bangladesh Central Bank open to hackers after installing an update, reports Reuters.

RBC to provide information on clients linked to Mossack Fonseca

Royal Bank of Canada is the latest financial institution to be linked to the Panama Papers scandal.

HSBC private bank to appeal US$78m fine

HSBC private bank is to appeal a fine imposed by the Hong Kong Securities and Futures Commission for its sales of structured products including Lehman Brothers-related notes between 2003 and 2008.

Singapore charges former private banker

A former private banking executive has been charged with fraud in Singapore in relation to activities surrounding the 1MDB fund scandal.

 
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