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Hackers now have the ability to bring down an entire bank by cyberattack, one of the world’s top banking officials is warning. Gottfried Leibbrandt, the CEO of SWIFT (Society for Worldwide Interbank Financial Telecommunication), said major cyberattacks on banks in ...

Investors need to sell all of their stocks because a cataclysmic crash, like that of 2008, is imminent – so say economists at one of the world’s largest banks, the Royal Bank of Scotland (RBS). “Sell everything except high quality ...

Can the federal government take all of your money for no reason and then refuse to give all of it back when they realize they made a mistake? If a new case out of North Carolina is any indication, the ...

The IRS and the US Justice Department appear to be violating a new federal policy on the seizure of cash in bank accounts. The IRS and a US attorney are moving forward with the seizure of all the money in ...

One of the men who runs the Federal Reserve System is worried about the potential effects of the central bank’s own policies, which involves printing more money. Philadelphia Federal Reserve President Charles Plosser also acknowledged that he and his colleagues ...

One of the world’s largest banks has prevented customers from making large cash withdrawals. The BBC reported that HSBC Bank (bank formerly known as the Hong Kong and Shanghai Banking Corporation) was stopping account holders from withdrawing large sums of ...