Financial authorities fine UK bank nearly $60m for platform migration disaster
Banks bid legacy tech farewell as they sail to the cloud – but now all that infrastructure is in hands of the big three
TSB was fined £29.8 million by the FCA and £18.9 million by the PRA. Without the 30 percent discount resulting from cooperating with the authorities, the fines would have totaled £69.5 million .
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
TSB fined £48m for 'failings' related to massive IT meltdown in 2018The bank says it has transformed its business since the self-inflicted PR disaster of April 2018 when a transfer of customer data to new systems went spectacularly wrong, with disruption lasting months for some customers.
Lire la suite »
TSB fined £49m over IT banking chaosThe bank is has been fined for an IT meltdown in 2018 that left customers unable to access accounts.
Lire la suite »
Building firms going bust at fastest rate since financial crisisThe construction sector, which makes up 7% of the economy, is driving overall insolvencies to a 13-year high, according to data from the Insolvency Service.
Lire la suite »
Fractured markets: the big threats to the financial systemInterest rates are rising; easy money is over; the cracks are showing. UK pensions were the first big explosion. FT experts and financial industry insiders examine where the next big threats to the global financial system lie and explain why when the tide goes out, we can see who is swimming naked
Lire la suite »
Rotherham: Financial abuse and exploitation service launchedThe scheme in Rotherham will include an investigator to look at cases of criminal exploitation.
Lire la suite »
Adam Thomas speaks honestly about financial struggles after Emmerdale exitAdam Thomas will soon be back on our screens as Donte Charles in BBC drama Waterloo Road
Lire la suite »