Greenpeace on Tuesday accused banking giant HSBC of helping to arrange billions of dollars in financing for companies whose palm oil operations have been blamed for destroying vast swathes of Indonesian rainforest.
Italy's banking problems can be solved and the EU will do everything to help, European Commission chief Jean-Claude Juncker said Wednesday, dismissing fears of something akin to the euro crisis.
Former French budget minister Jerome Cahuzac will on Thursday learn the verdict in his stormy tax fraud trial in which he was accused of hiding millions abroad while leading a crackdown on tax dodgers at home.
Singapore's financial regulator said Friday it has fined two British banks and barred a former Goldman Sachs banker in a widening crackdown on money laundering linked to Malaysian state fund 1MDB.Standard Chartered Bank was slapped with a Sg$5.
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Andorran lawmakers have agreed to end banking secrecy in the Pyrenees mountains principality once considered a tax haven, approving automatic sharing of information on accounts held by non-residents.
U.K. banking provider Tesco Bank has announced it has suspended all online transactions for its current account customers. The bank's chief executive confirmed criminals stole money from over 20,000 accounts over the weekend. It is currently unknown how.
A French prosecutor has called for British banking giant HSBC to stand trial for enabling French clients to hide at least 1.67 billion euros ($1.84 billion) from the taxman, a source close to the probe said Thursday.
Europe's poorest country Moldova -- politically torn between former Soviet master Russia and the West --- has seen its economy ravaged by rampant corruption and a string of money laundering and theft scandals.
Three of Hillary Clinton's paid speeches to Goldman Sachs were released on Saturday by WikiLeaks, casting an awkward spotlight on the Democrat's ties to the biggest players on Wall Street in the final stretch of the White House race.
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Former IMF chief Rodrigo Rato said Tuesday that using the funds of banks he headed up for personal use was "completely legal," as he took the stand in a trial for embezzlement.
New York -
Yemen's president hit out at Iran during his address to the United Nations on Friday, accusing Tehran of blocking peace moves through its support for Huthi rebels who continue to hold the capital."We shall extract Yemen from the claws of Iran.
A French appeals court on Friday ordered "rogue trader" Jerome Kerviel to pay a million euros to Societe Generale over the nearly five billion euros he squandered through his reckless risk-taking.
Portugal's prime minister on Friday said he had called for "clarifications" from European Commission head Jean-Claude Juncker that there would be no "discriminatory treatment" of his EC predecessor Jose Manuel Barroso, whose decision to work for Goldma...
A French court on Thursday heard closing arguments in the stormy tax fraud trial of ex-budget minister Jerome Cahuzac, accused of stashing millions abroad while leading a crackdown on tax dodgers at home.
European Commission President Jean-Claude Juncker said Thursday he opposed his predecessor Jose Manuel Barroso's decision to work for Goldman Sachs because of the firm's role in the global financial crisis.