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(5 February 2010 – USA) Cyberthieves are advertising online for contractors that are willing to take a malicious code and link it to something consumers will click on; paying around US$180 (A$204) for each 1000 times their malware is downloaded as a result.
(3 February 2010 – Australia) The Australian investment bank, Macquarie Group, has continued to strengthen its position in the US by hiring Christopher Hogg as managing director.
(28 January 2010 – USA) After almost nine years in senior management positions, including four as managing director, and 12 years in the World Bank, New Zealander Graeme Wheeler has announced that he will leave the development institution by the end of the fiscal year to purse new career opportunities.
(27 January 2010 – USA) The chief executive office of Morgan Stanley, James Gorman, was awarded deferred stock grants for his performance last year with a current value of US$8.6 million (A$9.5 million), despite a lacklustre profit.
(25 January 2010 – USA) Five financial institutions have filed a class action lawsuit against two acquiring banks involved in the Heartland Payment Systems data breach, the largest data breach in history, claiming they also share responsibility for the damages.
(25 January 2010 – USA) Wall Street bank, Goldman Sachs, has reported its fourth quarter results, announcing a net profit of US$4.95 billion (A$5.48 billion) achieving the group’s highest quarterly earnings ever.
(22 January 2010 – USA) Losses amongst the major banks in the United States have dampened the spirits of the banking sector as banks repay bailouts from the financial crisis.
(21 January 2010 – USA) US financial institution Citigroup has reported a 2009 fourth quarter net loss of US$7.6 billion (A$8.2 billion) or US$0.33 per share, contributing to an overall loss of US$1.6 billion for the full year.
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