Banking

The Central Bank of Iraq (CBI) has taken custody over a private bank whose majority owner had been misspending loans he took...

Danske Bank announced on Thursday that it had booked an additional provision of around US$1.8 billion designated for fines...

Credit Suisse agreed to pay France 238 million euro (US$234 million) to settle a criminal probe accusing the bank of...

Lafarge, the world’s largest cement manufacturer, pleaded guilty in a U.S. court Tuesday to conspiring to finance terrorist...

The U.S. Treasury imposed on Monday sanctions on 10 individuals managing al-Shabab’s financing networks and supplying the...

Credit Suisse has agreed to pay US$495 million to settle a case related to the sale of mortgage-backed securities in the...

An investigation by Iraq’s finance ministry discovered Sunday that US$2.5 billion dollars were stolen from a government tax...

The Taliban ban on digital currency has brought Afghanistan’s cryptocurrency market, which experienced a massive expansion...

A U.S. private virtual currency exchange agreed on Tuesday to pay more than US$50 million to settle U.S. accusations of...

The U.K. branch of the global anti-graft watchdog Transparency International warned on Monday that more than one in ten of...

Belarus has closed down a medical clinic after journalists revealed the facility’s owners had high-level connections to the...

Swedbank’s former CEO went on trial in Stockholm Tuesday in a high-profile white-collar crime case involving massive money...