December 8, 2018

Will Fitzgibbon The government of Algeria has launched a money-laundering investigation based on information revealed by the International Consortium of Investigative Journalists Panama Papers investigation. The investigation, which involves the abuse of a government-run milk powder subsidy program and laundering the proceeds from the scheme, was revealed in a decision by Switzerland’s Federal Court. The […]

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November 29, 2018 From the BBC World Service… German prosecutors raid several Deutsche Bank offices over suspicions of money laundering, sending shares down. Then, with the U.S. and China locked in a trade war, can President Trump and Chinese President Xi Jinping reach a truce at the G20 summit in Buenos Aires? Plus, we travel […]

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FRANKFURT (Reuters) – Deutsche Bank is not at risk of a takeover, its chief executive told a German weekly paper after its shares fell to a record low on Friday in the wake of a two-day raid related to money laundering allegations. Speculation about a possible merger has continued despite the bank’s dismissal in September […]

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Some impacted more than others. Analysts looked at each sectors’ level of data intensity  – a gauge that combines information about the type of data gathered by businesses in a given sector with stats on their average spending on information technology. Technology, banking, media and health care stand out among these data-rich sectors, the bank said. […]

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The Opening Bell is powered by The Water Coolest. (Confused? Don’t worry, we’ve made you a new friend.)   Comin’ in hot [The Water Coolest] German officials raided Deutsche Bank’s offices as part of an investigation related to the Panama Papers. You read that right … the feds going all Elian Gonzalez on DB isn’t even related to the […]

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FRANKFURT: German prosecutors raided several offices in the area Thursday over suspicions of money laundering based on revelations from the 2016 “” data leak. The investigation centres on allegations that Germany‘s biggest lender helped clients set up offshore companies in tax havens to “transfer money from criminal activities” to Deutsche Bank accounts, the Frankfurt prosecutor‘s […]

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Manhattan federal prosecutors have arrested three people in a widespread tax evasion scheme in connection with the Mossack Fonseca Co. firm — the first U.S. arrests tied to the infamous “Panama Papers.” Four people were charged for allegedly helping rich and powerful people evade their taxes “in a decades-long criminal scheme perpetrated by Mossack Fonseca […]

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The nation-state—a nation (a people) presided over by a governing body with jurisdiction over a defined territory (the state)—is either going through a renaissance or demise, depending on one’s perspective. There has been talk about the nation-state’s end for years—from a 2013 United States National Intelligence Council report forecasting a potential ‘non-state’ future world, to […]

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