Recent events
Recent events tied to this brand in public sources.
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2020
Ten banks sued over alleged corporate bond market price coordination
A class action lawsuit was filed in Manhattan federal court against ten banks, including JPMorgan Chase and Bank of America, alleging that they conspired over nearly 14 years to manipulate prices in the $9.6 trillion corporate bond market. These are allegations in the complaint, not a court finding.
2020
Travelex reports ransomware attack and service disruption
Travelex was affected by a ransomware attack on New Year’s Eve and took its global websites offline. Its update said some data had been encrypted, but that the extent was unknown and there was no evidence that structured personal customer data had been breached. The article also reported that online foreign-currency services at several banks were down. Travelex said it had opened an investigation, was working toward recovery, and had restored some internal systems; its CEO apologized for the inconvenience to partners and customers.
2019
Alison Rose takes over as RBS chief executive
Alison Rose took over as chief executive of Royal Bank of Scotland, succeeding Ross McEwan.