The Bank's six-monthly Financial Stability Review said: "Regulators internationally should be giving particular attention to any banks with clustering of large exposures to companies in this sector. But the Bank concluded that there was 'clearly...
The latest email fraud scheme targeted at Australian bank customers has been described as the most "devious" ever encountered. The email, distributed en-masse to Westpac bank customers, represents the latest example of "phishing scams," designed to...
IBM will hand over the running of the investment bank's data centres, help desks, distributed computing, data and voice networks from January 2005. The bank said IBM will continue to remain a "key technology partner", providing IT services and...
The Bank of Scotland (BoS) is to roll-out its Internet-based mortgage service to another three European countries. The bank said the service, which was launched in the Netherlands in November, has over 6,500 registered users.
The Bank of Ireland has resolved the ongoing dispute with IT staff over its $600m outsourcing deal with Hewlett Packard that threatened to develop into an all out strike. UK and Irish tech staff voted last week on a series of concessions on pay...
The Bank of Scotland has outsourced its telecoms network to BT Syncordia in a £100m deal. The Bank of Scotland said it outsourced the telcoms network in order to concentrate on its core business. The bank will rely on BT Syncordia to bring in third...