Danish Prosecutors Charge Danske with Alleged Money Laundering Violations

Article 0 Comments Denmark’s state prosecutor has filed preliminary charges against Danske Bank for alleged violations of the country’s anti-money laundering act in relation to its Estonian branch. The country’s biggest lender was placed under investigation in August over concerns that transactions worth billions of Danish crowns might have been […]

UK Companies’ Role in Alleged Danske Money Laundering a ‘Disgrace’: Whistleblower

Article 0 Comments British company structures which hide the identity of those behind them were branded a disgrace by the whistleblower who brought to light an alleged 200 billion euro ($228 billion) money laundering scandal involving Danske Bank. “The role of the United Kingdom is an absolute disgrace. Limited liability […]

Oregon Woman Sues Bank of America After Losing Money in Scam

Article 0 Comments An Oregon woman is suing Bank of America, claiming a Hillsboro branch transferred $13,000 from her account to scammers. The Oregonian/OregonLive reported Rebekah Adams filed the lawsuit last week, claiming a teller failed to inform her that the money she wanted transferred was actually sent to a […]

Gun Lobby Seeks Lending Curbs on ‘Gun-Hating’ Banks

Article 0 Comments The U.S. gun lobby is taking aim at “gun-hating” banks after Citigroup Inc. and Bank of America said they would no longer provide certain banking services to gun-makers, according to industry lobbyists. The attack by Gun Owners of America and the National Rifle Association (NRA) could imperil […]