1159 articles tagged with this keyword
News/Legal
US bank Citi is looking to hire an attorney to provide legal oversight for its social media activities.
18 November 2010
A man has been sentenced to five years in jail for his part in running a North London counterfeit credit and debit card factory.
15 November 2010
BGC Capital Markets has accused bitter rival Tullett Prebon of stealing its proprietary pricing data in a lawsuit that seeks "hundreds of millions of dollars" in restitution.
10 November 2010
A former SocGen trader has gone on trial in Manhattan accused of stealing proprietary computer code used in the bank's high-frequency trading (HFT) system.
Authorities in Moldova have arrested six bank employees accused of laundering money for the international criminal ring that used the Zeus Trojan to steal millions of dollars from online bank accounts.
09 November 2010
A pair of criminals have received three year jail terms for fitting London ATMs with card trapping devices and mobile phones for filming people entering their PIN numbers.
29 October 2010
Financial messaging body Swift has pledged to improve the sanctions screening process designed to stop the flow of illegal money transfers by launching an outsourcing service for small banks.
27 October 2010
A pair of Norwegian day traders have been convicted of cracking the algorithms of US broker Timber Hill and manipulating share prices, according to the Financial Times.
14 October 2010
TCF Bank has filed a lawsuit against the Federal Reserve in a bid to block the upcoming rule change on interchange fees passed by Congress as part of the Dodd-Frank Act.
13 October 2010
Bank of America has accused a former computer programmer of stealing trade secrets from the bank before he was laid off last month.
08 October 2010
A computer programmer has been found guilty of planting a malicious script on the computer servers of former employer Fannie Mae in a bid to destroy all the firm's data.
07 October 2010
Securency, a banknote maker half owned by the Reserve Bank of Australia, has been hit by raids in Melbourne, the UK and Spain by police looking for evidence of corruption and bribery, according to The Age newspaper.
06 October 2010
Deutsche Börse will restart trading in around 700 corporate bonds over its electronic trading system Xetra on Monday after an interim court injunction was lifted.
Jerome Kerviel has been found guilty of forgery, breach of trust and unauthorised computer use by a Paris court in relation to 2008's EUR4.9 billion rogue trading loss at Société Général.
05 October 2010
Ukrainian authorities have arrested five people accused of being "key subjects" in an international criminal ring that used the Zeus Trojan to steal $70 million from online bank accounts.
04 October 2010
US authorities have charged over 70 people accused of using the infamous Zeus Trojan to steal more than $3 million dollars from online bank accounts.
01 October 2010
A federal judge has doubled the damages US Bank must pay DataTreasury for cheque processing technology patent infringements to around $54 million.
30 September 2010
UK police have arrested 19 people in connection with the theft of millions of pounds from online bank accounts.
29 September 2010
Actress Lindsay Lohan has settled a $100 million law suit accusing online broker E*Trade of basing a "milkaholic" baby in a TV commercial on her.
21 September 2010
A London court has jailed two men found guilty of running a fake credit card factory and using the counterfeit plastic to buy luxury goods worth hundreds of thousands of pounds.
17 September 2010
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