Spanish Banker Goes to Prison
MADRID — Miguel Blesa, the former executive chairman of Caja Madrid, which is now part of Bankia, has become the first prominent Spanish banker to enter prison since the start of the financial crisis. He ... Read more
Tag Archives: Banking and Financial Institutions
More Clients Ask Questions of Bloomberg
With new concerns emerging about practices at its news division, Bloomberg L.P., the sprawling financial services company founded by Michael R. Bloomberg, scrambled to shield its lucrative terminal business and ... Read more
Global Financial Leaders Avoid Public Rift With Japan Over Monetary Policy
Finance ministers from leading global economies on Saturday avoided a public rift with Japan over policies driving down the value of its currency, while keeping up pressure on Germany to help lift growth in ... Read more
Financial Leaders Avoid Public Rift With Japan Over Yen
Finance ministers from leading global economies on Saturday avoided a public rift with Japan over policies driving down the value of its currency, while keeping up pressure on Germany to help lift growth in ... Read more
Privacy Breach on Bloomberg’s Data Terminals
A shudder went through Wall Street on Friday after the revelation that Bloomberg News reporters had extracted subscribers’ private information through the company’s ubiquitous data terminals to ... Read more
Privacy Breach on Bloomberg’s Data Terminals
A shudder went through Wall Street on Friday after the revelation that Bloomberg News reporters had extracted subscribers’ private information through the company’s ubiquitous data terminals to ... Read more
In Hours, Thieves Took $45 Million in A.T.M. Scheme
It was a brazen bank heist, but a 21st-century version in which the criminals never wore ski masks, threatened a teller or set foot in a vault. In two precision operations that involved people in ... Read more
Cyberthieves Looted A.T.M.’s of $45 Million in Just Hours
It was a huge bank heist – but a 21st-century version in which the robbers never wore ski masks, threatened a teller or set foot in a vault. Yet, in two precision operations that involved ... Read more
Bill Would Deny Iran Access to Foreign Exchange Reserves
Seeking to escalate pressure on Iran, a bipartisan group of senators introduced legislation on Wednesday that would deny the Iranian government access to its foreign exchange reserves parked in the banks of ... Read more
Backing Grows for European Bank Plan
BRUSSELS — The European Union’s halting effort to create a more unified banking system, which many experts consider necessary for avoiding future financial crises, received fresh impetus on Tuesday. ... Read more