Regulators Seek Rule Ending Reputation Risk Scrutiny, Even for Banks Tied to Money Laundering

Legal experts say money laundering and other financial crimes under the federal Bank Secrecy Act have not been used as a ...

President Trump signs executive order to fine banks who drop customers for their politics — what it could mean for your risk of being ‘debanked’

Trump has long claimed that U.S. banks discriminate against conservatives. In recent months, he’s accused lenders of refusing ...
The New York Times

Investigating a Sprawling Money Laundering Network

Two reporters spent months learning the intricacies of a sprawling network of scammers. By Sarah Bahr Times Insider explains who we are and what we do and delivers behind-the-scenes insights into how ...
Gistmania

Ex-FCTA Finance Director Duku Sentenced to 24 Years In Prison For Money Laundering

A former Director of Finance and Administration with the Federal Capital Territory Administration, FCTA, Garuba Mohammed Duku has been jailed.
New York Post

Ex-bank CEO tipped off client on money-laundering probe, talked sensitive info — as underling sat on his lap during video call: suit

The former CEO of Flagstar bank allegedly tipped off a client to a money-laundering probe and discussed sensitive company information — as an underling sat on his lap and rubbed his head during a ...
Bloomberg L.P.

Barclays Fined £42 Million Over UK Money Laundering Lapses

Barclays Plc was fined £42 million ($56 million) over failures to properly identify financial crime risks with two clients. The bulk of the fine is tied to Barclays’ failure to adequately manage money ...
Daily Post Nigeria

Ex-FCTA Finance Director Duku jailed 24 years for money laundering

A former Director of Finance and Administration with the Federal Capital Territory Administration, FCTA, Garuba Mohammed Duku, has been sentenced to 24 ...