Bloomberg developers today showed how the company embarked on a <a href="http://www.computerworlduk.com/news/applications/3340194/bloomberg-radically-overhauls-market-data-system/">massive programming project to develop the $100 million (£63 million) Bloomberg Next system.</a>
Stories by Leo King
Lloyds Banking Group has said it has completed an "immense" system integration aimed at dramatically cutting costs.
Asset manager Threadneedle, based in the City of London, has said its systems successfully caught a junior rogue employee who attempted to make a suspected $150 million (£95 million) rogue trade.
Mining giant Rio Tinto is massively expanding its Mine of the Future programme, in which IT drives automated exploration and production.
The London Stock Exchange has signed a deal to allow Google to distribute real time "last trade price" share data, for stocks traded on the LSE and Borsa Italiana.
Sergey Aleynikov, a former programmer at Goldman Sachs, has been released from jail after his <a href="http://www.computerworlduk.com/news/security/3253303/goldman-sachs-programmer-guilty-of-algorithmic-code-theft/">conviction for stealing algorithmic trading code</a> was overturned.
Henry King, a high profile IT analyst at Goldman Sachs, is reportedly under investigation for leaking insider trading information.
Hackers have hit the websites of the NASDAQ and BATS stock exchanges.
The BBC has revealed it had a major server outage that lasted for over two days last month, affecting television programme post-production in its new MediaCity premises in Salford.
US financial regulators have said the shares of Google and Polycom were caught up in a large insider trading scam, as the authorities arrested and charged a California-based hedge fund manager.
Vodafone is in talks to buy telecoms and cloud computing firm Cable & Wireless Worldwide (C&WW).
Bank of America, Wells Fargo and JPMorgan Chase are part of a $25 billion settlement with the US Department of Justice over mortgage foreclosures, but they remain embroiled in a heated lawsuit over an allegedly fraudulent electronic mortgage registry.
Visa Europe has built a data governance function with C-suite leadership, in a bid to improve information management and insight.
Thomson Reuters is rolling out virtual desktop access, based on VMware technology, to 10,000 employees.
JP Morgan Chase, Bank of America and Wells Fargo are being sued by the US Attorney General over an allegedly restrictive and inaccurate database that may have resulted in unfair foreclosures for many home buyers.