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Federal Reserve Bank of New York

Vice President Biden And NY Gov. Andrew Cuomo Deliver Remarks On Economy

Bangladesh Bank Mulls For Lawsuit Against New York Fed

The Federal Reserve Bank of New York has denied any responsibility over the $81 million cyber heist from the current account of Bangladesh Bank. But a BB audit report observes NY Fed responsible since it implemented five payments instructions out of thirty five leaving many questions behind. Following the internal report BB is getting prepared to file lawsuit against Fed.

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Governor of Central Bank of Bangladesh Atiur Rahman talks to press in Dhaka

Bangladesh Bank Governor Resigns Over Biggest Ever Cyber Heist Scandal

The Bangladesh Bank Governor has tendered his resignation to the country’s prime minister following cyber theft of $81 million. He claims to remain in dark till the news got published in the media. The theft incident has turned an end to his seven years’ tenure as the central bank governor which has been dedicated to alleviation of poverty.

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Timothy Geithner

Former government executive hires seen on the rise in investment firms - report

A trend in hiring former government officials in executive roles had been seen in investment firms, said a Bloomberg report. Recently, Warburg Pincus LLC appointed former US Treasury secretary Timothy Geithner as its new president.

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Federal Reserve of New York

NY Fed Reserve head defends retention of bond purchasing policy

The New York Federal Reserve Bank retains bond purchasing policy.

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