Media
Latest News
In The News
COPENHAGEN (Reuters) - Danske Bank’s (DANSKE.CO) Group General Counsel Flemming Pristed has decided to resign, a spokesman for the bank told Reuters on Monday, confirming a report in Danish online media Finanswatch
HELSINKI (Reuters) - Nordea (NDAFI.HE), the Nordic region’s biggest bank, will focus on improving and expanding its IT systems in the near term but might still make “tactical” M&A moves in the region, CEO Casper von Koskull told Reuters
Noble Bank International, the Puerto Rican financial services firm with clients that have included prominent cryptocurrency ventures, is looking for a buyer, according to a person with direct knowledge of the situation.
Populism takes many forms. One of them is political use of public anger over corruption. At the moment, a striking number of leaders are using corruption investigations of their predecessors to advance needed reforms. Here, five leaders benefiting from the aftermath of impunity:
Well that was quick. By last Wednesday, Elon Musk and the Securities and Exchange Commission had apparently agreed to a settlement over Musk’s fake takeover offer for Tesla Inc., which would have involved Musk paying a “nominal fine,” stepping down as the chairman of Tesla’s board for two years, and appointing two new independent directors.
The United States - India relationship is the cornerstone of security in the Indo-Pacific region. As the former co-chair of the Congressional Caucus on India and Indian Americans and the grateful son of a Flying Tiger who served in India during World War II, I know firsthand the positive defense relationship America can build upon with India.
While the furore over the alleged piracy by Vijay Mallya, Nirav Modi and Mehul Choksi on the turbulent seas of India’s banking industry rages on, the battle for restitution of public money is going full throttle. However, lost in focus, and probably discounted as collateral damage, are the businesses that parleyed with these now infamous men of commerce.
SARAJEVO, Oct 1 (Reuters) - Bosnia’s central bank has upgraded its registry of company accounts, aiming to improve payment systems and prevent illegal operations, such as tax evasion and money laundering, the bank said in a statement.
During the summer, an agent at the US’s Drug Enforcement Administration, Lilita Infante, said the ratio of legal to illegal activity in bitcoin has inverted. Talking to Bloomberg, she said illegal activity is now a problem in about 10 percent of transactions - not the 90 percent she saw five years ago.
Danske Bank has appointed a new interim CEO to steer the lender through its $235 billion money-laundering scandal after relieving the previous CEO Thomas Borgen of his duties.