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  • TIME

    A new generation of bank robbers infiltrates global finance

    by Haley Sweetland Edwards Jun 04, 2016 2 minutes
    Congress will investigate the Federal Reserve’s role in a February heist of Bangladeshi bank deposits

    IT FEELS LIKE MAGIC: A FEW STROKES on a smartphone and your life savings appears on a glass screen, a collection of pixels in your palm. A few more clicks and the balance ticks up or down as funds appear or are whisked away to pay a bill or send money overseas, the result of an unseen digital dialogue between your bank and another, sometimes thousands of miles away.

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