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Of course it does. As Halloween approaches, I was reflecting on death and murder in banking. It is not a new thing for me, as it turns up quite often, but it hit me today with allegations that a former bank chairman arranged for his communications chief to be intimidated, in an operation that ended...

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Things we’re reading today include … Barclays cutting 5,000 jobs as it increases reliance on AI AI Agents Are Logging Into Bank Accounts And Banks Can’t Tell AI oversight needs a different model to banking (op-ed by CEO of Goldman Sachs) China’s rich turn to U.S. banks as Beijing scrutinizes offshore wealth Healey’s bank heist...

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We gave them our data, our money, our businesses and now our intelligence. In return, they gave us convenience. Nobody asked who would end up controlling the world. I have been thinking a lot about the Google Cloud outage this week and the fact that a power failure in a London data centre disrupted banking...

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When Google Goes Down, Your Bank Goes Down. Who Is Really in Control? We spent decades worrying about banks being too big to fail. Now we have a handful of technology companies that are too important to fail, and yesterday demonstrated why that should terrify us. I’ve recently been blogging and writing about the dangers...

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Things we’re reading today include … Digital bank Revolut suffers worldwide outage: everything you need to know Google Cloud down: Revolut and other banking apps crash after system outage Major internet outage appears to have taken down Lloyds Bank and more Bank of England investigates Google outage Google says cloud outage affecting UK banks and...

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