[ad_1] By Andreas Rinke, Neil Jerome Morales BERLIN/MANILA (Reuters) – Germany’s opposition called on Monday for a parliamentary inquiry into the collapse of payments firm Wirecard after a global fraud…
Tag: Financial Fraud / Securities Fraud
Unregulated British firm Financial.org closes investors’ accounts
[ad_1] LONDON/JAKARTA (Reuters) – Unregulated British firm Financial.org, which is on eight watchdogs’ alert lists, has closed all investors’ dollar accounts and converted the balances to its new cryptocurrency, according…
Money laundering could affect financial stability, Danish central bank warns
[ad_1] By Teis Jensen, Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – A money laundering scandal at Danske Bank DANSKE.CO involving billions of euros of suspicious flows is serious enough to potentially affect…
Deutsche cuts back correspondent banking after Danske scandal
[ad_1] FILE PHOTO: The headquarters of Germany’s Deutsche Bank are seen early evening in Frankfurt, Germany January 31, 2017. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT (Reuters) – Deutsche Bank has sharply scaled…
EU takes legal action against ‘golden passport’ schemes in Cyprus, Malta
[ad_1] BRUSSELS (Reuters) – The European Union’s executive said on Tuesday it was launching legal action against Cyprus and Malta over their investor citizenship programmes, also known as “golden passport”…
Former Wirecard boss Braun to be quizzed by German lawmakers
[ad_1] FILE PHOTO: Markus Braun, CEO of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions attends the company’s annual news conference in Aschheim…
Swedbank names frontrunner Henriksson new CEO in bid to rebuild trust
[ad_1] By Johannes Hellstrom, Simon Johnson STOCKHOLM (Reuters) – Swedbank SWEDa.ST has named Jens Henriksson, the head of insurer Folksam as chief executive officer, as the lender tries to rebuild…
Pompeo says U.S. ‘deeply concerned’ over Turkey actions in east Med
[ad_1] NICOSIA (Reuters) – The United States remains “deeply concerned” about Turkey’s actions in the eastern Mediterranean, Secretary of State Mike Pompeo said on Saturday, urging a diplomatic end to…