'Troika Laundromat,' the massive money laundering leak, is widening to include a number of already scandal-hit banks with their share prices falling.
The revelations of a massive money laundering operation linking Russian money to Western companies and financial institutions is widening to include more European banks.
Raiffeisen shares closed down 1.8% Wednesday having dropped as much as 14% on Tuesday. ING shares dipped around 4% before closing down 2.2%.The revelations of a massive money laundering operation, linking Russian money to Western companies and financial institutions, is widening to include more European banks.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
An explosive exposé on a $9 billion Russian money laundering operation entangles Citigroup, Raiffeisen, and Deutsche BankA project detailing 'The Troika Laundromat' outlines a $9 billion money laundering operation with links to politicians and Western banks.
Read more »
Nordea shares hit as bank faces money laundering claimsShares in Nordea, the Nordic region's biggest bank, tumbled on Monday after...
Read more »
Democrats investigating Trump's alleged money laundering may soon have his Deutsche Bank financial recordsCongresswoman Maxine Waters, chairwoman of the Financial Services Committee, said the institution only recently agreed to cooperate after Democrats took control of the House.
Read more »
Raiffeisen Bank shares slide on money laundering reportRaiffeisen Bank International shares sank on Tuesday after website Addendum.org ...
Read more »
Dutch banks ABN Amro, ING fall after money laundering reportDutch banks ABN AMRO and ING fell on Tuesday after a magazine report on a money ...
Read more »
Political scandal deepens for Canada’s Justin Trudeau, who’s up for re-election this yearA political firestorm surrounding Canadian Prime Minister Justin Trudeau became more damaging Wednesday, as his ex-justice minister accused his top aides of repeatedly pressuring her to drop the prosecution of a global engineering and construction firm.
Read more »
Mozido Founder Accused of Fraud, Money LaunderingFederal prosecutors accused Michael Liberty, the founder of Mozido, of criminal fraud and money laundering, the latest sign of a crackdown on the activities of privately held technology companies.
Read more »
Donald Trump could '150 Percent' be indicted for fraud and money laundering now, says ex-prosecutorFormer prosecutor and defense attorney Seema Iyer explained the Southern District of New York has its “own venue to prosecute” Trump for “all these insurance fraud crimes, bank fraud, financial crimes.”
Read more »
Michael Cohen Details Allegations of Trump’s Role in Hush-Money SchemePresident Trump and his company’s chief financial officer coordinated with Michael Cohen to pay for the silence of a porn star and conceal Mr. Trump’s role in the deal, using sham invoices to cover it up, Mr. Cohen alleged in testimony to the House Oversight Committee.
Read more »