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banks

HSBC breached this banking rule 12,200 times. Regulators sigh wearily

"HSBC’s processes, systems and staff were not capable of detecting and reporting these breaches until December 2022. The inability for HSBC to determine the scale of these breaches due to the inadequacy of its systems and processes is a further concern."

Banks’ IT spending in 2023 to hit $652 billion: Here's what some Big Spenders are focusing on...

From Citi's $1 billion "fat finger" and regulatory intervention driving a massive compliance overhaul, to major cloud migrations, spending continues at scale...

This retail bank has drawn a huge flurry of new users. Here’s why.

The retail banking market has heated up hugely in the UK in recent years, with the rise of digital-native banks like Monzo and Starling winning awards and customers – over seven million, three million respectively.) They hit the market with minimal technology debt, having built new stacks from the ground up,

Federal Reserve's damning Silicon Valley Bank post-mortem cites "textbook case"...

Fed says warns tech may have changed the pace of bank runs, points to "textbook" mismanagement

Worried central banks launch joint liquidity operation

Is this a tech story? Well, kind of...

A $1bn fat finger helps drive Citi's $13.6bn IT spending plans

Overhaul comes after howling error in 2020 blamed on legacy software, bad training...

Apollo to Blackrock, Citi to Deutsche: Whales weigh in on the outlook for tech in 2023

Whether you work with technology as a CIO or developer, at a software provider, in government, defence, pharmaceuticals, or at a bank, we are all swimming in the waters of the same global macroeconomic environment; the conditions of local tributaries may vary, but the outlook for tech in 2023 will

Job of the Week: COO, UK Infrastructure Bank: Build that stack...

The UK Infrastructure Bank –  launched by the Chancellor of the Exchequer in June 2021 to provide £22 billion in infrastructure finance – is looking for a Chief Operating Officer (COO), who will also be responsible for IT. The UK Infrastructure Bank is currently operating without its full suite of staff and

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