scandal

Former Malaysian PM’s PR Rep Charged In 1MDB Case
Former Malaysian PM’s PR Rep Charged In 1MDB Case
February 21, 2019  |  Legal

The British public relations representative for Najib Razak, Malaysia’s former prime minister, has been charged in absentia in the 1Malaysia Development Berhad (1MDB) scandal, according...

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Estonia AML Investigation Widens To Include Swedbank
Estonia AML Investigation Widens To Include Swedbank
February 20, 2019  |  Security & Fraud

Estonia’s investigation of money laundering involving Danske Bank is widening to include Swedbank, according to a report by Reuters. Estonia is investigating allegations that link...

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AML Scandal Leads To Danske Exit From Russia, Baltics
AML Scandal Leads To Danske Exit From Russia, Baltics
February 19, 2019  |  Security & Fraud

Danske Bank, which was involved in one of the biggest money laundering scandals of all time, will no longer do business in Russia or the...

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Danske Bank Ordered To Shut Down Estonian Branch
Danske Bank Ordered To Shut Down Estonian Branch
February 19, 2019  |  Security & Fraud

Danske Bank was ordered by Estonia to shutter its local branch at the center of a money-laundering scandal, and has been given only a few...

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Former Goldman Sachs Director Waives Extradition In Malaysia 1MDB Scandal
Former Goldman Sachs Director Waives Extradition In Malaysia 1MDB Scandal
February 15, 2019  |  Security & Fraud

An ex-Goldman Sachs banker who’s accused of being involved with a multibillion-dollar scandal in Malaysia has requested to be sent to the U.S. to face...

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Deutsche Shrinks Correspondent Banking Post-Danske AML Scandal
Deutsche Shrinks Correspondent Banking Post-Danske AML Scandal
February 04, 2019  |  Regulation

In the wake of an investigation of over 200 billion euros ($229 billion) in suspected money laundering at Danske Bank’s Estonia branch, Deutsche Bank has...

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AML Scandals Hamper Estonia’s Digital Society Ambitions
AML Scandals Hamper Estonia’s Digital Society Ambitions
February 01, 2019  |  Security & Fraud

After being implicated in one of the largest money laundering scandals ever, Estonia is struggling to realize its dream of becoming a digital society, according...

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UK Says ‘No’ To Small Business Loan Regulation
UK Says ‘No’ To Small Business Loan Regulation
January 14, 2019  |  B2B Payments

The U.K. government has reportedly rejected recommendations by the Treasury Select Committee that suggested stricter regulations on bank lending to small businesses (SMBs). Reports in...

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Danske, Execs Sued By US Shareholder
Danske, Execs Sued By US Shareholder
January 09, 2019  |  Legal

A New York pension fund is suing Danske Bank and four former executives, accusing the bank of lying to investors and boosting its share price...

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