Finance

Alibaba Hails ‘Bright’ Future Ahead Of Hong Kong Listing

Chinese giant's £10 billion secondary listing seen as a boost for Hong Kong as Asian financial hub continues to be…

3 months ago

Equity Firm Buys UK’s Sophos For £3.1bn

Acquisition of Oxfordshire-based cyber-security firm, which aided NHS during WannaCry attacks, follows fall in value of sterling in wake of…

4 months ago

Facebook Promises Congress It Will Address Libra Cryptocurrency Concerns

Company's comments follow criticism of Libra by US Treasury Secretary and Chairman of Federal Reserve amidst broader scepticism and hostility

7 months ago

Financial Conduct Authority Proposes Ban On Crypto-Derivatives

FCA finds that derivatives and ETNs referencing crypto-assets are 'poor products' and too risky to be sold to retail investors

8 months ago

Study Finds ‘Systemic’ Mobile Financial App Insecurity

Tools including retail banking apps fail to take appropriate precautions to stop their software and systems from being hacked, researchers…

11 months ago

Banking Sector Leads UK To Top Five In Security Spending This Year

Meanwhile, worldwide security staff shortages are set to drive spending on managed security services to £10.7bn in 2019

11 months ago

France, Germany Pull Back On Plans For Tax On US Digital Giants

Under a new compromise, the EU now aims to implement its 3 percent tax on large digital companies' revenues by…

1 year ago

North Korea Targeted £850m In Four Year Hacking Spree

North Korea's financial hacking operations are using increasingly sophisticated techniques as the country grows more desperate for cash, finds a…

1 year ago

Regulators Consider Record-Breaking £30m Fine For Tesco Bank Hack

The 2016 incident, the first mass breach of accounts at a western bank, forced Tesco's financial arm to temporarily shut…

1 year ago

US Charges Extradited Russian Over Massive Hacking Scheme

Georgian Andrei Tyurin was allegedly part of the hacking ring that breached JPMorgan Chase and other US financial firms, making…

1 year ago