A man who had £165,000 stolen from his Revolut business account by fraudsters has told BBC Panorama he believes the company’s security measures failed to prevent the theft. He says criminals managed to bypass the […]
HSBC allowed fraudsters to transfer millions of dollars around the world even after it had learned of their scam, leaked secret files show. Britain’s biggest bank moved the money through its US business to HSBC […]
The ex-boss of scandal-hit payments firm Wirecard has been arrested in Germany. Markus Braun resigned last Friday after auditor EY refused to sign off the firm’s 2019 accounts over a missing €1.9bn (£1.7bn). The money […]
Two people in the US have been charged with theft after spending thousands of dollars their bank mistakenly deposited into their account. The Pennsylvanian couple, Robert and Tiffany Williams, received $120,000 (£97,000) in error and […]
Malaysia has charged 17 former and current Goldman Sachs bankers – including Richard Gnodde, the most senior banker in London – over the corruption investigation at its state development fund 1MDB. Attorney General Tommy Thomas […]
Five banks have been fined €1.07bn (£935m) by the European Commission after traders clubbed together to rig the foreign exchange market. Four banks in the “Banana Split” cartel – Barclays, RBS, Citigroup and JP Morgan […]
The jury in the fraud trial against four former Barclays bankers – including the former chief executive, John Varley – has been dismissed. The case dated back to the financial crisis, when the bank raised […]
HSBC has said some of its US customers’ bank accounts were hacked in October. The lender said that the perpetrators may have accessed information including account numbers and balances, statement and transaction histories and payee […]
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