News

A senior anti-money laundering compliance officer for JPMorgan Chase in 2011 proposed in an email to one of the bank's executive directors that the lender avoid U.S. scrutiny of potentially illicit transactions tied to a $1 billion Nigerian energy deal by routing them through the United Kingdom, BuzzFeed News reported. More ABN Amro disclosed that it is under investigation in the Netherlands for allegedly egregious AML violations, Reuters reported. More Senior managers at Danske Bank took three years to begin translating a 2014 report by regulators in Estonia that described widescale money laundering through the Danish lender's now notorious affiliate...