Security
A series of bank frauds using the SWIFT banking messaging service has revealed how even supposedly highly-secure financial institutions are vulnerable to attack through their computerised systems. An attack through SWIFT ...
May 20, 2016
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14
Business
Archegos founder Bill Hwang will go on trial Monday for alleged securities fraud and market manipulation, prosecutors said, following the fund's spectacular 2021 implosion that cost large banks billions of dollars.
May 13, 2024
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17
Business
MGM Resorts International filed a lawsuit April 15 against the Federal Trade Commission and its top officer, Chairwoman Lina M. Khan, claiming the agency violated the company's Fifth Amendment right to due process while investigating ...
Apr 16, 2024
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11
Business
Reddit's stock soared in its Wall Street debut as investors pushed the value of the company close to $9 billion seconds after it began trading on the New York Stock Exchange.
Mar 21, 2024
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1
Business
The popularity of remote work in the United States has emptied office buildings, a cause for worry as their value falls and owners risk losses on property loans—in turn putting pressure on smaller banks.
Mar 10, 2024
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21
Business
Apple has lost around $200 billion in market capitalization over several days as tensions between the U.S. and China rise, with several media outlets reporting this week that the iPhone maker is being singled out by Beijing.
Sep 8, 2023
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2
Business
Walking through Roku City on Sunday afternoon, you'd hardly know the namesake company was having an unusually stressful weekend.
Mar 14, 2023
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10
Business
Islamic financial technology, or fintech, is experiencing growth at a rapid pace. A new book co-authored by Dr. Mamunur Rashid, Senior Lecturer in Christ Church Business School, explores the development of Islamic fintech ...
Dec 16, 2022
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7
Business
Crypto assets are infamous for being highly speculative and volatile, but it is their "debt problems" that have once again made headlines. Since November 2021, the total value of cryptocurrencies has now fallen from a peak ...
Nov 14, 2022
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9
Internet
I'm a victim of identity theft. Thieves stole my wallet out of my purse and were able to find out everything else they needed to steal my identity online. They exploited a system that the government, law enforcement and financial ...
Nov 2, 2022
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12
In financial economics, a financial institution is an institution that provides financial services for its clients or members. Probably the most important financial service provided by financial institutions is acting as financial intermediaries. Most financial institutions are highly regulated by government bodies. Broadly speaking, there are three major types of financial institution:
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