Bank shares slide on report of rampant money laundering
Shares of Deutsche Bank dropped 8.3%. Deutsche Bank has been under scrutiny for years. Deutsche Bank neither admitted nor denied the allegations in the settlement. The London bank HSBC, Europe's largest acknowledged in 2012 that it had laundered at least $881 million for Latin American drug cartels. However, according to the report, HSBC continued to manage money for shady clients, including suspected Russian money launderers and a Ponzi scheme under investigation in multiple countries.
Twitter and JPMorgan are removing โmaster,โ โslaveโ and โblacklistโ from their code
Twitter is dropping the terms "master," "slave" and "blacklist" from its code after two engineers lobbied for the use of more inclusive programming language. "Master" and "slave" refer to one process in the code that controls another, while "blacklist" describes a list of items that are automatically blocked, such as forbidden IP addresses. At Twitter, "master" and "slave" will become "leader" and "follower" or "primary" and "replica," while "blacklist" will become "denylist." JPMorgan Chase will also remove "master," "slave," and "blacklist" from its internal materials and code. "I've been used to seeing the word 'slave' throughout my [computer science] education but this was different."