BUSINESS

Banks have previously warned thousands of jobs could be lost but London would remain Europe's largest finance hub.

Days after the British government pointed out North Korea was behind Wannacry, the reclusive regime has come out denying all allegations.

Enterprise software firm R3 and 22 of its member banks have developed a solution that leverages distributed ledger technology.

Oil and gas giant posts underlying replacement cost profit of $1.87bn in the third quarter, compared to a profit of $933m in the same period of 2016.

South Korea's Daewoo Shipbuilding was reportedly hacked last year and around 40,000 documents were stolen.

Structural overcapacity and rising imports from countries not subject to EU anti-dumping tariffs, like South Korea, Turkey and India, remain constraining factors.

An unknown hacker reportedly put up millions of sensitive records stolen from Malaysian telecoms and network operators for sale on the dark web.

JsMiner and CpuMiner were discovered by Trend Micro in three Android apps, which could have significant consequences for users.

Surge led by strong sales of autos and other durable goods, according to official data.

The charity world not only turns on outsiders who dare probe their effectiveness, but also insiders who don't play by their safe rules.

Stefan Dab is global leader of payments and transaction banking, and Maarten Peeters global segment manager for transaction banking,at Boston Consulting Group (BCG).

Air Berlin filed for insolvency in August and has already agreed to sell some of its assets to Lufthansa.

Steve Morgan, MD of UK & Europe for Intelenet Global Services, discusses the future of banking as 2018 approaches.

HSBC posts pre-tax profits of $4.62bn in the third quarter, reaping dividends of restructuring programme.

New report says recent double-digit annual growth rate in lending would be unsustainable if it continued at the same pace.

Senior executives polled by ratings agency in positive frame of mind over capital expenditure expectations.

The central bank's announcement – that it will extend asset purchase programme until next year – does not signal indefinite extension, says ratings agency.

Think tank says chancellor is stuck "between a rock and a hard place" as he prepares to unveil his first budget since the general election.

"In terms of targets, Ursnif malware configurations can be a mixed bag at times," IBM's X-Force research team said.

This week in cybersecurity was defined by major attacks and global concern - here are the biggest cybersecurity stories of the week as chosen by the IBTimes UK tech desk.

The Kremlin-linked "troll farm", Internet Research Agency, bought ads on Facebook and ran popular Twitter accounts to post politically divisive stories and sow discord.

Upon analysis, multiple cybersecurity firms – including Cisco Talos, FSecure and Symantec – have now concluded that an exploit known as 'EternalRomance' helped the malware spread.

A San Francisco-based company, Vicarious, has built an AI that can see and read like a human brain, effectively rendering Captchas obsolete.

In its heyday, the Trading Hall hosted over 1,000 traders but the number has drastically dropped as markets shifted to electronic trading.

Technology experts from the Generalitat de Catalunya have visited Estonia several times to gather tips on how to implement an e-residency programme.

Ex-employee tells IBTimes UK that senior managers at Japan's industrial giant were too scared or proud to admit failures that have now amplified into a colossal scandal.

The National Audit Office (NAO) led an investigation into NHS response to the cyberattack, one of the largest to hit the healthcare service.

Competition and Markets Authority says it is concerned about the clarity, accuracy and presentation of information of hotel search sites.

The lawsuit by voting transparency activists sought a review of the state's voting systems and called for an overhaul of its outdated election technology.