Bloomberg hit by new scandal as trading emails are shared online

http://www.guardian.co.uk/media/2013/may/14/bloomberg-scandal-trading-emails-shared-online

A second apology in as many days from Bloomberg News failed to quell the storm around the financial news firm on Tuesday after the Bank of England said it was "reprehensible" that it had allowed its journalists to see data about how clients used its system.

Just days after a Goldman Sachs complaint sparked revelations that Bloomberg reporters had been able to access log-in details at banks and other organisations, the company now faces inquiries from the UK, US, German and European central banks and the US Treasury.

"The protection of confidential information is vital here at the bank. What seems to have happened at Bloomberg is reprehensible," a Bank of England spokesman said. "Bank officials are in close contact with Bloomberg who have provided assurances to ensure that this does not happen again. We will also be liaising with other central banks on this matter."