Stories by Leo King

Bloomberg programmers reveal £60m software development strategy

Bloomberg developers today showed how the company embarked on a <a href="">massive programming project to develop the $100 million (£63 million) Bloomberg Next system.</a>

Threadneedle systems catch £95m 'rogue trader'

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.

Goldman Sachs ex-programmer freed from prison

Sergey Aleynikov, a former programmer at Goldman Sachs, has been released from jail after his <a href="">conviction for stealing algorithmic trading code</a> was overturned.

BBC server outage hits production

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.

Google shares caught up in insider trading probe

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.

'Fraudulent' electronic mortgage registry lawsuit will go ahead

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.