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U.S. authorities investigating SEB, Swedbank and Danske -Dagens Industri reports
STOCKHOLM (Reuters) – The U.S. Justice Department and the FBI are investigating SEB, Swedbank and Danske Bank over possible breaches of anti-money laundering regulations, Swedish newspaper Dagens Industri reported on Tuesday.FILE PHOTO: SEB bank flag flutters next to the bank’s building in Tallinn, Estonia December 1, 2019. REUTERS/Ints KalninsSwedbank, SEB, and Danske were not immediately […]
Turkish economy to shrink for first time in a decade this year: Reuters poll
By Ezgi Erkoyun ISTANBUL (Reuters) – Turkey’s economy is expected to contract this year for the first time in over a decade as the coronavirus pandemic slashes output through mid-year, and it’s unlikely to grow again until 2021, a Reuters poll showed on Tuesday. The median forecast of some 40 economists was for a contraction […]
Trump administration wants to send taxpayers $500 billion, $50 billion in loans for airlines
By David Shepardson WASHINGTON (Reuters) – The Trump administration on Wednesday asked Congress to approve $500 billion in cash payments to taxpayers in two rounds that would start April 6 and $50 billion in secured loans to U.S. airlines to address the financial impact of the coronavirus, according to a document seen by Reuters. The […]