Daily

Deutsche Bank will Pay $583K to Settle Violation of Sanctions

The U.S. Department of Treasury announced on Wednesday that the largest German investment and financial services provider Deutsche Bank has agreed to pay two settlements totaling US$583,100 for facilitating transactions that violated Ukraine-related sanctions.

Mexican President Open to Extraditing Predecessor

Although the United States has given no indication that it is presently investigating any of the country’s former presidents, Mexico’s current leader has said he would be willing to extradite one of his predecessors were he asked to do so.

Ukraine Probes Ruling that State-Run Bank Must Pay $350m to Oligarchs

Anti-corruption authorities are investigating the offshore companies of two brothers that are on the brink of receiving hundreds of millions in compensation from the country’s largest state run bank following a ruling that is being described as a colossal failure of the Ukrainian justice system.