Federal Reserve Bank of New York
Bangladesh Bank, NY Fed discuss suing Manila bank for heist damages
Bangladesh's central bank has asked the Federal Reserve Bank of New York to join a lawsuit it plans to file against a Philippines bank for its role in one of the world's biggest cyber-heists, several sources say.
8 December 2017, 05:06 AM
Bangladesh nears recovery of US$81m stolen funds
Bangladesh Bank is a step closer to recovering a portion of the US$81 million fund stolen by hackers from its account with the Federal Reserve Bank of New York, reports The Philippine Star.
21 July 2016, 14:46 PM
NY Fed first rejected cyber-heist transfers, then moved $81m
Hours before the Federal Reserve Bank of New York approved four fraudulent requests to send $81 million from a Bangladesh Bank account to cyber thieves, the Fed branch blocked those same requests because they lacked information required to transfer money, according to two people with direct knowledge of the matter.
4 June 2016, 05:28 AM
US Congress launches probe into BB heist
A US congressional committee launches a probe into the Federal Reserve Bank of New York's handling of the cyber theft of $81 million from one of its accounts held by the central bank of Bangladesh, according to a letter seen by Reuters.
2 June 2016, 05:42 AM
SWIFT, others blamed in full probe of BB heist
A government-formed committee which investigated the US$101 million heist from Bangladesh central bank’s account with Federal Reserve Bank of New York submits its full report to the finance minister. It has found SWIFT and others responsible for the heist.
30 May 2016, 08:52 AM
Probe body blames SWIFT for Bangladesh Bank heist
Global financial network SWIFT is primarily responsible for the hacking of Bangladesh central bank reserve, says head of the committee probing into one of the biggest cyber-heists in the world. SWIFT was responsible to ensure around 13 security measures for the safety of the system but it did not do so, he adds.
15 May 2016, 08:41 AM
NY Fed, BB, SWIFT to work jointly
The Federal Reserve Bank of New York, Bangladesh Bank and SWIFT have vowed to work together to recover the $81 million that Bangladesh lost in a reserve heist three months ago.
10 May 2016, 18:00 PM
BB's instant steps helped avert large scale heist
Bangladesh Bank's prompt actions averted large scale hacking into its account with the New York Fed, Prime Minister Sheikh
27 April 2016, 18:00 PM
BB heist: Philippines bank RCBC’s treasurer quits
The treasurer of Rizal Commercial Banking Corp of the Philippines resigns amid ongoing investigation on US$81-million money laundering case. The money was stolen on February 4 from Bangladesh Bank's account with Federal Reserve Bank of New York.
21 April 2016, 10:09 AM
Bangladesh Bank cyber heist: Chinese trader Wong returns another $4.34m
Casino junket operator Kim Wong has returned another P200 million ($4.34 million) to the Anti-Money Laundering Council (AMLC), which was believed to be part of the alleged $81million stolen funds from Bangladesh's central bank.
19 April 2016, 18:00 PM
BB hackers ‘possibly Chinese,’ says Philippines senator
Chinese hackers are possibly behind one of the world's biggest cyber heists, the theft of $81 million from the Bangladesh central bank, a senator in the Philippines says.
6 April 2016, 05:53 AM
Cyber heist: IGP dwells on int’l agencies’ help
Inspector General of Police AKM Shahidul Hoque has said if needed, help would be sought from the international agencies dealing with money laundering, for unveiling the clue to the $101 million cyber heist at Bangladesh Bank.
19 March 2016, 07:28 AM
Heist: CID to hold meeting with FBI tomorrow
The Criminal Investigation Department of police will hold a meeting with the US Federal Bureau of Investigation in the city tomorrow over the heist of $101 million from Bangladesh Bank account with Federal Reserve Bank of New York.
17 March 2016, 16:00 PM
2 BB deputy governors told to resign, banking secy made OSD
Two deputy governors of Bangladesh Bank have been asked to resign and banking secretary has been made an officer on special duty (OSD) over last month’s heist from the bank’s account with Federal Reserve Bank of New York.
15 March 2016, 10:58 AM
Muhith cancels press confce after governor’s resignation
Finance Minister AMA Muhith has cancelled his press conference minutes after the Bangladesh Bank governor resigned over the recent heist of $101 million out of the bank’s account with New York’s Federal Reserve Bank.
15 March 2016, 05:24 AM