New York Fed to help Bangladesh Bank chase down stolen funds

The New York Fed

The Federal Reserve Bank of New York has agreed to help Bangladesh Bank recover funds stolen in a cyber heist in February 2016.

In a joint statement, the two institutions said they would “continue to work together” to recover the stolen funds and to “bring the wrongdoers responsible to justice”.

“To further the recovery effort, the New York Fed and Bangladesh Bank have entered into a Resolution and Assistance Agreement where the New York Fed will provide technical assistance to Bangladesh Bank

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account