Regulators looking to strengthen banks' cyber defenses

Federal regulators are looking to set up new standards for big banks' planning and testing for possible cyberattacks. The aim is to bolster the banking industry's defenses amid concern over periodic security breaches at U.S. ...

Who sells when the market is down?

During the darkest days for investors after the 2008 financial crisis that swallowed Lehman Brothers up like a sinkhole, the common wisdom was to hold tumbling shares and wait for better days.

Bangladesh says 20 foreigners involved in theft from NY Fed

Bangladesh investigators have determined that at least 20 foreigners were involved in the cybertheft of $101 million from the Bangladesh central bank's account in the Federal Reserve Bank of New York, a senior investigator ...

6 Sri Lankans banned from leaving after Bangladesh bank hack

A Sri Lankan court banned foreign travel by six directors of a foundation that police say was remitted some of the $101 million stolen in the hacking of Bangladesh Central Bank's account at the Federal Reserve Bank in New ...

When Fed locks up funds, small businesses suffer

When the Federal Reserve raises interest rates to slow down a speeding economy—effectively raising the price of money—banks often sell down their stockpile of securities to keep the financial assembly lines going. That's ...

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