A New Generation of Bank Robbers Infiltrates Global Finance.

BANK robberies; ONLINE banking; SOCIETY for Worldwide Interbank Financial Telecommunication; INTERNATIONAL finance; UNITED States governmental investigations; FEDERAL Reserve Bank of New York; UNITED States. Congress. House. Committee on Science; FINANCE; TWENTY-first century; INTERNATIONAL cooperation; HISTORY; ECONOMIC history

The article discusses bank robberies involving the international digital banking system which is facilitated by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) consortium. According to the article, the U.S. House of Representatives' Science Committee is investigating the Federal Reserve Bank of New York's role in the multi-million dollar theft of Bangladeshi bank deposits in February 2016 which is one of the biggest bank heists in history. Global finance is assessed.