Let the sorry saga of Dunfermline Building Society be a lesson to them all:
Failed Dunfermline lost millions on IT project
15 Jun 2009 17:22 Read comment
Blame it on a slow newsday - and the fact that the Trojan payload distinguished it from the usual spoof Web redirect (which I'll grant you does give off a nostalgic legacy vibe)
01 Jun 2009 16:43 Read comment
We've been asking the same questions of RBS, but the bank has adopted an ultra-firm no comment policy. The fact that they don't deny the substance of the story outright, or try to massage perceptions, indicates a very serious breach.
20 Mar 2009 11:05 Read comment
Another choice quote from Sants today: "There is a view that people are not frightened of the FSA. I can assure you that this is a view I am determined to correct. People should be very frightened of the FSA"
In the City, corruption drips like honey. It oozes out of every dealing room floor. If the boys in braces aren't frightened it's for good reason. Feathering one's own nest has become an institutionalised past-time. Let's see if Mr Sants can deliver on his promise.
12 Mar 2009 15:35 Read comment
Rodley will serve eight years at Her Majesty's pleasure for his part in the plot. Nash will do a three-year stint. Bank insider and security supervisor Kevin O'Donoghue was jailed for four years. A Belgian computer expert received three-and-a-half years, while a French national who recruited him was sent down for four years.
05 Mar 2009 16:11 Read comment
Citi? Rewarding responsible financial behaviour? That's a novel idea - shame they didn't think of a similar executive-level scheme a few years back. Still, it's a step in the right direction I suppose.
04 Mar 2009 15:29 Read comment
I think you'll find that Finextra had it a month earlier: JPMorgan sacrificies CDS engine to open source in bid to stave off legislation.
02 Mar 2009 09:03 Read comment
I'm only a humble seeker after truth and justice. If I was a real cynic I'd work in PR - or should that be media management?
27 Feb 2009 15:35 Read comment
If a picture paints a thousand words...more chuckles to be had at The Tarp in Pictures.
27 Feb 2009 14:10 Read comment
Trust? Banks? Surely a contradiction in terms these days.
27 Feb 2009 10:31 Read comment
EBAday
Social Banks
After hours
Finance 2.0
Tim NashResearcher at Finextra
Zabeana AtlasAdmin at Finextra
Joanne CardwellEvents Manager at Finextra
Henna CheemaResearcher at Finextra
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.