THE Bloomberg scandal intensified yesterday as more than 10,000 private memos sent through its messaging system were illegally published online, while banks and financial watchdogs demanded Bloomberg come clean over how much private information its journalists have accessed.
Meanwhile, The Times reveals that a string of top institutions, including the Financial Conduct Authority, European Central Bank and US Treasury, are pressing Bloomberg for answers.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Matthew Winkler, editor-in-chief of Bloomberg News, apologised. “The error is inexcusable. Our reporters should not have access to any data considered proprietary. I am sorry they did", he said.
-
The week's best photosIn Pictures Dancing for tradition, the World's Ugliest Dog, and more
-
August 15 editorial cartoonsCartoons Friday’s political cartoons include Jeffrey Epstein files distractions, a Nobel Appeasement prize for Trump, and revisionist history in Washington DC
-
'Actual poop': the messy ending of 'And Just Like That...'Talking Point Reviewers slam 'unfunny and hateful' finale to 'Sex and the City' reboot
-
JP Morgan: has world’s largest bank got too big for its boots?Talking Point Whether you view it as a rescuer or predator, America’s largest bank raises troubling questions
-
Labour shortages: the ‘most urgent problem’ facing the UK economy right nowSpeed Read Britain is currently in the grip of an ‘employment crisis’
-
Will the energy war hurt Europe more than Russia?Speed Read European Commission proposes a total ban on Russian oil
-
Will Elon Musk manage to take over Twitter?Speed Read The world’s richest man has launched a hostile takeover bid worth $43bn
-
Shoppers urged not to buy into dodgy Black Friday dealsSpeed Read Consumer watchdog says better prices can be had on most of the so-called bargain offers
-
Ryanair: readying for departure from LondonSpeed Read Plans to delist Ryanair from the London Stock Exchange could spell ‘another blow’ to the ‘dwindling’ London market
-
Why Barclays CEO Jes Staley stepped down over Jeffrey Epstein investigationIn the Spotlight Cache of emails between the two men prompted probe by UK regulators
-
Out of fashion: Asos ‘curse’ has struck againSpeed Read Share price tumbles following the departure of CEO Nick Beighton
