HSBC Holdings Plc hired a former head of Britain’s domestic intelligence agency to help oversee its compliance efforts after the bank was fined $1.92 billion for failings in its money-laundering controls.
The U.K. faces a continuing “serious risk” of a lethal terror attack, said the head of the nation’s domestic intelligence agency, citing concerns about soon-to-be-freed prisoners who are “committed extremists and likely to return to terrorist activities.”
Spend your Saturday night in a dimly-lit room crowded with hackers and you may well land a job in recession-hit Europe. Recruiters are scouring hackathons -- venues for self-trained computer geeks to meet and train -- to find those who could help fend off cyberthreats.
U.K. Prime Minister David Cameron arrived in Algeria, seeking to step up security cooperation following this month’s hostage crisis in the African nation and as the battle against Islamists engulfs neighboring Mali.
UBS AG’s decision to cut 5 percent of its workforce brings to more than 40,000 the number of jobs cut by European banks in the past month as the region’s worsening sovereign debt crisis crimps trading revenue.